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
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
Private sector growth eased from 21% to 12% in the three months to January, according to the latest CBI Growth Indicator.
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".
Financial services firms in the UK are planning to boost IT spending to tighten up their cybersecurity, according to new data from PwC UK and the CBI. The latest results from the CBI/PwC Financial Services Survey 2021 show that 70% of firms plan to invest more over the next 12 months. This is almost
Tony Danker, CBI director-general, has outlined the findings from a new, landmark economic plan seeking to establish a competitive, dynamic and future-focussed UK following the shocks of Brexit and Covid-19 and in the run-up to COP26 in Glasgow. Seize the moment: how can business transform the UK ec
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
Retail, hospitality, leisure and aviation businesses will pay no rates during 2021-22 under proposals outlined yesterday by finance secretary Kate Forbes.
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 UK's manufacturing sector lost its momentum in the first quarter of this year, as the nationwide lockdowns continued to take effect, according to the January CBI Industrial Trends survey.
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 CBI has called for more COVID-19 government help ahead of the Budget in March.