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The Latest Breaking News from SRC

Businesses ‘face £180m Scotland-only rates surcharge over next three years’

Retail consortium calls on government to restore parity with England as soon as possible

Insider UK

Scottish grocery sales see highest increase in 24 years ‘entirely’ due to rising costs

SRC and KPMG warn 'consumers will continue to take steps to reduce spend where they can'

Insider UK

Alcohol advertising proposals 'could cost retail sector £96 million'

One idea being consulted on by government is to keep booze behind the till and covered in the same way as cigarettes

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Retail sector's 'fragile recovery' boosted by January sales

Scottish Retail Consortium warns any increase in customers' costs 'is likely to be felt in reduced shop takings'

Insider UK

Scottish refugee charity urges politicians to 'stand up to hate' after Knowsley riot

Organisations supporting refugees signed a letter criticising the "inflammatory language" and policies that "demonise" people…

The National (Scotland)

Research reveals that one in six Scottish shops is lying empty

Industry body warns that vacancy rates may struggle to ever fully recover

Insider UK

SRC Prepares to Offer Global Dollar-Denominated Sukuk

Chief Business and Markets Officer at Saudi Real Estate Refinance Company (SRC) Majeed Abduljabbar revealed that his company is planning to issue dollar-denominated sukuk. The move aims to attract foreign investments and protect portfolios through issuing mortgage-backed securities. This will ensure the flow of investments and secure the necessary liquidity…

Asharq Al-Awsat

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Festive spending helps boost retail sales

Scottish sales increased by 5.5% compared with November 2021

Insider UK

Glasgow University students call for cap on population amid fears some are sleeping rough

Students at the University of Glasgow are calling for a cap on intake, after it was revealed some may be sleeping rough due to a lack of housing - as well as clubs and societies becoming overwhelmed.

Glasgow Live

Top university tells students to drop out if they can’t find somewhere to live

A housing crisis described as ‘unprecedented’ has seen students unable to find accommodation this year

The Independent UK

Lanarkshire food manufacturer partners with Scottish Refugee Council

Two new recruits are among the first to join growing ingredients firm

Daily Record

Leading Scots university forced to rent out cinema complex for lectures

Undergraduates at Glasgow University will attend the Grosvenor Picture Theatre, in the city’s West End, for daytime classes.

Daily Record

Modest improvement in retail footfall during August

Shopper numbers down by 14.8% in August compared with three years ago, but 1.7% better than in July

Insider UK

Riyadh Economic Forum Studies Effects of Transition to New Work System

The Riyadh Economic Forum is currently studying the prospects and challenges of the new work system, including flexible and remote employment, given its importance in the labor market, especially following the Kingdom’s successful experience in adopting modern patterns during the Covid-19 pandemic. The establishment of the Riyadh Economic Forum, which…

Asharq Al-Awsat

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news in one place.

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The Hindu

Odisha flood affects 4.67 lakh people in 12 districts

Improvement in flood situation is expected from August 18 morning

The National (Scotland)

Scottish Government hit out at inadmissibility rules on Afghan refugees

THE Scottish Government has again warned against the UK Government’s rules on inadmissibility for refugees, following a call for action from the…

The National (Scotland)

Prospective University of Glasgow students not guaranteed accommodation

NEW students arriving at the University of Glasgow this year will not be guaranteed accommodation.

Al Jazeera

‘Gutted’: The effect Zimbabwe’s football ban is having on youth

As Zimbabwe continues to remain suspended, young players wonder about the future of the sport and their careers.

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news in one place.

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The Hindu

University of Calicut awaiting NCTE regional panel meet outcome

Academic prospects of 550 students in peril if recognition not restored

Insider UK

Retail for Scottish footfall remains worst in the UK

Shopper numbers decreased by 15.8% in June

Daily Record

Watch Scots racers' highs and lows in BTCC, British GT and SRC action

The stars of Scottish motorsport across track and rallying were out in force last weekend – catch up with the action in the BTCC, British GT Championship and Scottish Rally Championship here.

The Independent UK

Retail experts urge action by ministers over ‘meagre’ sales increases

Monthly figures for May 2022 show a slight increase in sales across retail but experts warn this is more to do with rising prices than rising volumes.

Daily Record

Watch the Jim Clark Rally and Scots aces in GT and BTCC action

Scots motorsport stars proved themselves to be fast and fabulous last weekend with podium finishes in the Jim Clark Rally, British GT Championship and other supporting events. You can find out all about the action and watch two video galleries here.

Insider UK

Plea for action to sustain improved Scottish shop vacancy rate

In the first quarter of 2022, the vacancy rate for Scottish shops decreased to 15.8%, from 16.1% in the fourth quarter of 2021. The latest Scottish Retail Consortium (SRC) and Local Data Company figures put this a 0.5% higher than in the same point

Daily Record

Scottish retail sector edges closer to pre-pandemic levels

Ewan MacDonald-Russell, head of policy at SRC, said it is "too early to tell" if the figures represent the start of a "shopping revival.

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