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Bank of England offers EU investment banks easy access to city after Brexit

Yesterday, in a move to maintain London's status as a global financial centre, the bank of England said it would allow EU based investment banks access to the City with 'EU passport' similar to schemes employed by Japan the US.The Governor of the Bank of England, Mark Carney said the UK's stance of...


Household Cost Indices from the ONS Show Retirees Living Standards Improve Whilst Worker's Fall

The Office for National Statistics today released their new Household Costs Indices, a new kind of experimental data that tracks indices for household groups from 2005 to 2017.Disposable income for those of working age decrease year on year from 2006. Wages during this time grew by 26% whilst costs...


SNP asked to find extra £150 million in budget or lose Green's support

On Friday evening the Scottish Green Party told Nicola Sturgeon's government that she must find an extra £150 million for funding of Scottish local councils in order to gain the parties support. Since the SNP is a minority government, they must gain three votes from another part in order to pa...


Derek McKay advised against 50p top rate of tax by senior government advisor.

A report released by senior advisor to Nicola Sturgeon; Gary Gillespie has recommended against raising the top rate of tax to 50p. The report claims that additional rate (AR) tax payers are 'more mobile' and have 'more opportunities for reducing their tax bill compared to taxpayers on lower inc...


The Federation of Small Business urge ministers to 'Steady Economic Ship'

In a report published today, the Federation of Small Business (FSB) found that three fifths of businesses don't want the government to change income taxation, with two thirds believing it would be detrimental to the economy. The survey conducted this November on 315 Businesses in Scotland, foun...


£15 million grants available through 'Tampon Tax' fund

Following legislation from the Westminster government's 2015 Autumn statement, VAT on sanitary wear is now used to provide grants for women's health support and economic development charities. There are currently grants of £1 million pounds each available to charities that support women's ment...


Joseph Rowntree Foundation finds an increase in children and pensioners living in poverty

Figures from the think tank show that 300,000 more children and 400,000 more pensioners are now living in poverty than in 2012-13: the first sustained increase in child poverty for 20 years. 14 million people in the UK currently live in poverty – more than one in...


Report reveals lack of social mobility between Scottish boroughs

A study released by the UK Social Mobility Commission has revealed discrepancies between the services of local authorities. There is a gulf between what different councils are able to provide to tackle the attainment gap that impacts upon what sort of life young people could lead.The level of litera...


OECD downgrades UK's Growth Forecast making it the weakest of the G7 countries

The Parisian based think thank the Organisation for Economic Co-operation and Development, today released it's predictions for the UK's growth. It forecast Britain's economic growth to drop from 1.5% in 2017 to 1.2% in 2018 and 1.1% in 2019.The OECD’s forecast for 2018 and 2019 is well below the d...


Fraser of Allander Institute and Scottish Centre for Employment Report on Scottish Labour Market Trends

The Fraser of Allander Institute and Scottish Centre for Employment has released their report on Scottish labour market trends. The Fraser of Allander Institute is a leading economic research institute with over 40 years of experience researching, analysing and commentating on the Scottish econ...


Health and Social care now the biggest employer in Scotland

A new Scottish Parliament Information Centre (SPICe) report shows that most people in Scotland are now employed by the NHS or local councils. Health and social care now accounts for 16% of jobs in Scotland, and is likely to continue to rise as the population ages. This marks a shift from t...


UK Employment Figures Fall

Employment in the UK has fallen for the first time in two years. The number of unemployed people went up by 14,000 in the summer quarter according to the Office for National Statistics. The inactivity rate: measuring those who are not employed and are not seeking work, rose to an eight year high. Th...


Inequality is rising as report finds that richest 1% own half the world's wealth

A report published this morning by Credit Suisse has found that 1% of the world's population own 50.1% of the world's wealth. The report looks at where we are ten years on from the financial crisis, it shows that total global wealth is 27% higher today than it was in 2007 before the financ...


The Pound Falls against Dollar and Euro over governmental instability.

The pound has fallen this morning as pressure mounts on prime minister Theresa May over Britain's exit from the EU. Talks from both Micheal Barnier and Brexitiers in the cabinet have lead to a shock for the British market. Sterling has lost almost a cent this morning, to below $1.31. This...


EU calls for Ireland to remain in Single Market and Customs Union to avoid hard border.

A working paper has been published by the EU requesting that the Island of Ireland remains within the single market and customs union.The paper says that in order to avoid a hard border it is essential that there is no difference in rules for either side of the border. It also explicitly spells...


Paradise Papers

Leaked documents of 13.4m files from two offshore service providers and 19 tax havens' company registries know as the paradise papers have been released, revealing how much wealth is stored off shore to avoid tax. Amongst the offshore wealth is 10 Million pounds worth of investment ma...


Job Opportunities at The Federation of Small Business

FSB are looking to recruit two development managers and an operational support co-coordinator. FSB are experts in business, offering services including advice, financial expertise, support and a powerful voice in government. Their mission is to help small business achieve their ambitions. ...


Managing People for Work Place Innovation Master Class

Managing People for Workplace Innovation Masterclass*Best Western Invercarse Hotel** Dundee, 2 NovemberHR and people management can play a crucial role in supporting employees to innovate and contribute to business performance. HR practices that support upskilling and collaboration can help people t...


Almost Half of Scottish Over 40s Unable to Afford Retirement

Research by YouGov commissioned by Age Scotland and Business in Community has found that 43% of Scots age 40-64 will not have enough money to retire by state pension age.  44% of those survey said they would work until their late 60s to afford their retirement. 36% of those planned to cont...


Inflation Rises to Five Year High

Inflation increased to three percent in September, the highest in five years. The Resolution Foundation have warned that this rise will hit low and middle income families standard of living; a working family with two children could lose  up to £315 pounds a year. Food and transport a...


Centre for Local Economic Strategies publishes Post Brexit Procurement Policy Framework

Centre for Local Economic Strategies publishes Post Brexit Procurement Policy FrameworkOctober 16, 2017The Centre for Local Economic Strategies has published a study that recommends progressive procurement policy for a post brexit environment. CLES has been working for 10 years on a study that...


£6 Million pound fund announced for rural tourism infrastructure.

A six million pound investment in rural infrastructure has been announced by the Scottish government. The boost comes as record tourist numbers have been seen in the UK over the last year. The money will go towards improving parking, recycling points, campsite facilities and footpath access. Th...


“Brexit: What’s at Stake for Businesses”

A new report published by the Scottish government details how uncertainty is impacting companies. The report is published just as Theresa May failed to assure EU citizen's rights in the case of a no deal Brexit. Businesses believe that Brexit may impact recruitment, and hinder future growth. Th...


Job creation for inclusive growth in cities

Joseph Rowntree has published a report that identifies 'more and better jobs' in UK cities. The report shows:There is a significant shortfall in labour demand in 12 major UK cities.Local industrial strategies can raise labour demand in cities and can complement supply-side policies.Policy inter...


Joseph Roundtree Foundation find freeze on benefits 'single biggest policy driver' behind expected rise in poverty

The Joseph Roundtree Foundation has released research that shows that almost half a million more people would be forced into poverty over the next three years if the proposed freeze on benefits goes ahead. A new briefing by JRF published yesterday highlights how the freeze makes famil...


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10 Fordyce Way
Auchterarder
Perthshire
PH3 1BE

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