Scottish business leaders have welcomed the government's decision to freeze business rates for a further year. The basic property rate, known as "poundage", will be frozen at 49.8p, deputy first minister and interim finance secretary John Swinney confirmed yesterday. This is estimated to save ratepa
CBI Scotland has announced the appointment of Jennifer Young as Scotland chair, unveiling an all-woman senior leadership team — a first for the organisation. Currently CBI Scotland's vice chair, Ms Young is managing partner at Scottish full-service legal firm Ledingham Chalmers. She will
After eighteen torrid months for Scottish business, where jobs and livelihoods have hung in the balance, CBI Scotland is calling on the SNP to use the forthcoming Programme for Government to make good on their election promise to "put the economy first".
CBI Scotland is calling on the UK and Scottish governments to provide greater clarity on the future direction of social distancing guidelines as businesses emerge from lockdown. Current social distancing guidelines mean only two-thirds (68%) of staff can physically work on premises &a
The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%. The Chancellor announced that the increase in corporation tax would not take effect
Ahead of the 2021 Scottish Parliament election, CBI Scotland is calling on all parties to put the economy front and centre of the debate as we look to build back better from the pandemic and chart a successful path for Scotland’s economic future. Launching its Holyrood 2021 manifesto, CBI Scot
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
CBI Scotland has called on finance secretary Kate Forbes to prioritise support, skills and sustainability in the forthcoming Budget to kickstart economic recovery and avoid the risk of losing further months of stymied activity and uncertainty to the pandemic. With the Scottish economy struggling wit
The extension of the lockdown restrictions in Scotland announced by First Minister Nicola Sturgeon yesterday is a 'further blow' to Scottish businesses, according to the Scottish Retail Consortium (SRC).
The Scottish Government has announced further measures to help stop the spread of coronavirus and limit non-essential contact. From Saturday, non-essential click and collect retail services will be prohibited in Level 4 areas and further changes will be put in place to how services open for ess
A significant top-up to the grant support available for hospitality, retail and leisure businesses across Scotland closed by level 4 restrictions will be paid following an announcement by finance secretary Kate Forbes. In addition to the grants businesses receive through the Strategic Business Frame
Keith Anderson, CEO of ScottishPower, has taken over from Edrington’s Graham Hutcheon as chair of CBI Scotland. Mr Anderson also joins the CBI chairs’ committee, the body responsible for setting and steering CBI policy at a UK level.
Scotland's chief statistician has released statistics showing that the economy grew by 16.0% during the third quarter of 2020, covering the period July to September. The data has revealed that over the year, compared to the third quarter of 2019, the economy has contracted by 9.5%.