Edinburgh College making progress on tackling financial deficit, says Auditor General

Auditor General reports on finances at two colleges

Edinburgh College has made progress while poor planning and over-optimism contributed to financial problems at New College Lanarkshire, the Auditor General says in her latest report.  Continue reading Edinburgh College making progress on tackling financial deficit, says Auditor General

Mackay: Spring Statement must deliver clarity on Brexit impact

Scotland’s Finance Secretary Derek Mackay says the UK Government must use their 2018 Spring Statement to provide greater clarity for people and business over the Brexit process, including the future of EU funding, and address the threat facing our economy as a result of Brexit. Continue reading Mackay: Spring Statement must deliver clarity on Brexit impact

Budget is a fair deal for Edinburgh, says local MSP

Edinburgh Council is set to receive a significant funding boost as a result of this year’s SNP Scottish Government budget – with local services in Edinburgh benefiting from an extra £16.5 million, says local SNP MSP Ben Macpherson, Continue reading Budget is a fair deal for Edinburgh, says local MSP

Finance Secretary: Income tax reforms will benefit lowest earners

More than two thirds of income taxpayers will pay less tax next year on their current income, Finance Secretary Derek Mackay has confirmed as MSPs prepare to debate proposals to reform income tax in Scotland. Continue reading Finance Secretary: Income tax reforms will benefit lowest earners

Plan now to avoid festive finance hangover, says Community Bank chief

Falling behind with post-festive finances needn’t be the ‘horror story’ that is often depicted by the media, according to the founder of an Edinburgh-based community bank, which is already dealing with a ‘steady stream’ of savings applications for next Christmas. Continue reading Plan now to avoid festive finance hangover, says Community Bank chief

Scottish business confidence low but ‘modest’ job creation on horizon, according to new Business Barometer

Bank of Scotland’s Business Barometer for January 2018 shows:

  • Overall confidence for firms in Scotland is at 18 per cent
  • Firms’ confidence in their own business prospects is 22 per cent
  • Some job creation on the horizon, with a net balance of four per cent of businesses looking to employ more staff in 2018

Business confidence in Scotland stands at 18 per cent in January, according to the latest Business Barometer from Bank of Scotland. Continue reading Scottish business confidence low but ‘modest’ job creation on horizon, according to new Business Barometer