The financial crisis triggered the two largest annual falls in real government receipts since at least 1956, according to think tank the Institute for Fiscal Studies, which said it expects that by the end of the decade tax receipts as a share of national income will return to their pre-recession lev
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Phil Anderson Phil Anderson is managing director of Aberdeenshire-based Phil Anderson Financial Services
North Sea tax revenues came to just £35 million this financial year, the lowest since oil was first pumped ashore to Scotland four decades ago, figures published by Revenue and Customs have revealed. The impact of the falling oil price was reflected in figures showing that offshore Corporation Tax
Tim Sawyer It might not come as a major surprise, but financial fear is the main barrier stopping Scotland’s would-be business owners from starting their own company, according to new research.
Jeremy Peat A new report has called for a "step-change" in Scotland's credit industry if financial exclusion is to be tackled.
The agreement between the Scottish and UK Governments on the financial arrangements to underpin the Scotland Bill has been published. The fiscal framework agreement confirms:
The former financial advisers of Glasgow football club Rangers have been fined £1.2million for market abuse risks. City watchdog the Financial Conduct Authority said WH Ireland did not have the right controls to prevent information leaking from the private to the public side of its business and pre
Independent Scottish law firm bto solicitors is urging businesses to comply with important slavery legislation as they approach the end of their financial year, or face an unlimited fine. Businesses that supply goods and services and have an annual turnover of £36m or more (including turnover of an
Andrew Burns The City of Edinburgh Council is on target to meet its planned savings of £49 million for the current financial year after making “considerable progress” in addressing its financial challenges.
Scottish Friendly, Scotland’s largest financial mutual, has announced a record-breaking 18 per cent increase in sales for 2015. The financial services group reported a rise from the £21.6m it posted in 2014 to £25.5m in 2015.
Luke Robertson A 30-year-old financial worker from Stonehaven is about to become the first Scot and youngest Brit to reach the South Pole in a solo, unsupported and unassisted expedition –only two years after surviving a brain tumour.
Police have launched a probe into alleged financial irregularities at the University of Edinburgh. The university has said staff are helping police with their investigations into the institution’s “support department” while the university also ordered its own, internal inquiry.
Royal Courts of Justice Holder’s of high-yield Lloyds bonds issued at the time of the financial crisis have been ordered by a court to sell them after agreeing that the lender had made a mistake.
Good progress is being made with implementing Scotland's new devolved financial powers, according to Audit Scotland. The spending watchdog said Revenue Scotland - which was set up to administer the new devolved taxes - had successfully delivered both the Land and Buildings Transaction Tax (LBTT) and
David Beattie Glasgow football club Partick Thistle has announced that it is "now debt free" following a financial restructure and new cash injection.
