Finance secretary Kate Forbes did not announce any changes to income tax rates and bands in the coming year after she set out the Scottish Government's budget plans yesterday. Ms Forbes said that in light of the current coronavirus pandemic, it is vital that the Scottish Government continues to supp
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Finance secretary Kate Forbes has called on the Chancellor to guarantee further support for businesses impacted by the coronavirus pandemic ahead of the UK Government’s budget. Writing ahead of the Scottish Budget, Ms Forbes has urged the Chancellor to extend the furlough scheme beyond April a
The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.
Scottish business organisations have responded to Chancellor Rishi Sunak's Spending Review statement, with some calling the announcement "disappointing". The chancellor announced that public sector pay will be frozen with the exception of NHS staff and those earning under £24,000. He also anno
A new petition calling for the Scottish Government to ‘tweak the tiers’ is already gaining momentum after it was launched last week by the Scottish Hospitality Group (SHG).
Graeme Williams, director of M&A at KPMG in Scotland, considers the state of the deals market in Scotland. The last twelve months have taken their toll on Scotland’s economy with no sector or business left unscathed by the Covid-19 pandemic.
A round-up of business news from across Scotland featuring: Wolfcraig Distillery's new master blender, Thistly Cross' first cider liqueur, Ardbeg Distillery's new delivery service, Shedman's donation to Glasgow's Rising Stars Nursery and Little Lies' sales boom.
Debbie Mayor, director at accountants and business advisers Grant Thornton, reveals why businesses must adopt a similar approach to that taken by Holyrood policymakers in easing lockdown restrictions. Throughout the COVID-19 lockdown businesses of all sizes have demonstrated remarkable agility and r
Scottish companies listed on the FTSE index underperformed the market in the first half of the year, as the coronavirus pandemic had a significant impact on the economy, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations on the FTSE averaged a share
PwC has appointed Matthew Hall as office senior partner at its Edinburgh office whilst Robin McBurnie has been appointed to the same role in Glasgow. In addition, Edinburgh-based Jason Higgs and Paul Cheshire both became partners at the firm on July 1. Mr Higgs leads PwC Scotland’s Busin
Simon Capaldi, office agency partner at Knight Frank, discusses how the coronavirus pandemic will accelerate changes to office-based working. Social distancing has turned our lives upside down and at short notice businesses adapted to remote working, moving office life into the home.
Yesterday, First Minister Nicola Sturgeon announced further changes to lockdown restrictions with all retail premises with outdoor entrances and exits allowed to re-open from Monday 29.
Scotland is facing the "most severe economic downturn in modern times" as the continuing impact of the coronavirus pandemic is expected to see the Scottish economy contract by 6.8% in 2020, according to KPMG UK’s latest quarterly Economic Outlook. The two Scottish local authority are
Professor Peter Watson, legal adviser to the COVID-19 panel of scientific and medical experts convened by the Scottish Police Federation, details why the UK needs an exit strategy for the COVID-19 lockdown measures. A journey of a thousand miles is said to begin with a single step. I suggest a journ
New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.
