Scotland’s small business confidence fell again in the final quarter of 2022, latest figures from the Federation of Small Businesses (FSB) show. The small business group’s Small Business Index (SBI) now sits at -50 points for Scotland, down on the -45 reported the previous quarter. It is
The Federation Of Small Businesses
Royal Bank of Scotland owner NatWest has announced a new cost of living support package for personal customers and community partners.
The Federation of Small Businesses (FSB) in Scotland has voiced concerns over the dramatic scaling back of energy bill support for small businesses, announced yesterday by the UK Government. Andrew McRae, FSB Scotland policy chair, said: “Small businesses have been calling for some certainty o
The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to raise the base interest rate from 3% to 3.5% - the highest rate for 14 years. The MPC voted by a majority of 6-3 to push up the bank rate, this is the ninth time in a row the rates have been increased.
One in four small firms plan to close, downsize, or restructure if energy bills relief ends in April
A quarter of small firms (24%) plan to close, downsize, or radically change their business model if the government reduces energy support post-March next year, according to a new Federation of Small Businesses (FSB) energy survey published this week. The survey, which measured the impact of the ener
Hopes of a small business-led economic recovery from the pandemic may be under threat, according to the SBI report for Q2 2022 from the Federation of Small Businesses (FSB), which is published in full today.
Mounting overheads, skills shortages and concerns about the economy punctured Scottish business confidence over the last three months according to new research conducted by the Federation of Small Businesses (FSB)
The way businesses file Value Added Tax (VAT) returns has now changed, as part of Making Tax Digital (MTD), now HMRC is urging businesses in Scotland to join over 1.7 million taxpayers who are already benefitting from MTD to make the change. From 1 April 2022, MTD for VAT became mandatory for all VA
Households still £1,328 worse off after inflation despite NI threshold hike, warns Scottish Friendly
The rise in the National Insurance threshold to £12,570 announced by the UK Government won't help lower-income households, despite some headline savings on contributions, according to Kevin Brown, savings specialist at Scottish Friendly. Mr Brown highlighted that average income households are
The Federation of Small Businesses (FSB) has appointed Stacey Dingwall as its new head of policy for Scotland. Ms Dingwall has joined business membership group from the Scottish Federation of Housing Associations (SFHA) where she was their senior policy manager.
Real estate advisor CBRE, alongside joint agent Ryden, has secured a new tenant for 58 Waterloo Street in Glasgow on behalf of the landlord, Castleforge. The National Federation of Self Employed and Small Businesses (FSB) has taken a suite on the eighth floor extending to 1,530 sq ft on a ten-year l
The Bank of England (BoE) has raised interest rates again, from 1% to 1.25%, as it attempts to fight rising inflation. The bank’s Monetary Policy Committee (MPC) by a majority of 6-3, voted to increase the bank rate by 0.25 percentage points.
The Scottish Government worked collaboratively with local authorities and other key partners to direct significant public spending in unprecedented circumstances, according to a new Audit Scotland report.
Sir Jon Thompson, the chief executive of the Financial Reporting Council (FRC) has called the overhaul of the UK's audit regime a "missed opportunity" to improve internal controls in a proportionate UK-specific manner. Yesterday, the UK Government said that its revamp of the UK's corporate reporting
Amity Fish Company, a Peterhead fish firm that switched from wholesale to e-commerce landed the FSB Small Business of the Year 2022 award at a special ceremony that took place in Glasgow yesterday. The firm, led by Jimmy Buchan star of the BBC’s Trawlermen TV series, netted the overall prize a