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
Tag: finance
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
A budget of compromise and consensus: ‘credit where it is due’?
NHS, the economy and the low paid to benefit, says Scottish Government
COSLA welcomes recognition of local government concerns Continue reading A budget of compromise and consensus: ‘credit where it is due’?
Scots at risk of being unprepared for death
- Half (50%) of adults in Scotland with important financial information online haven’t told their next of kin about their online financial accounts
- Whereas one in eight (13%) in the region have thought about their Facebook account when they die
- Almost two thirds (63%) of Scottish people don’t have a will
- Nearly half (47%) of Scotland’s parents with children aged 18 and under don’t have plans for their children in the event of their death
Continue reading Scots at risk of being unprepared for death
A third of tax returns are outstanding a week before deadline
HM Revenue and Customs (HMRC) today announced that just over 3 million customers are yet to complete their 2016 to 2017 returns with only one week to go before the 31 January deadline. Continue reading A third of tax returns are outstanding a week before deadline
Tories are bad for your health, Macpherson warns
Tory tax proposals could mean cuts of up to £74.2M in NHS Lothian, according to new Scottish Government analysis.
With the Scottish Parliament set to vote on Stage 1 of the budget this month, the Tories are proposing tax cuts for high earners that would leave a £500 million hole in the budget. With health receiving the largest share of devolved spending, a £500 million fall in available spending would see the NHS in the firing line – and NHS Lothian could lose up to £74.2M.
SNP MSP Ben Macpherson said: “Under the SNP, the NHS has record staffing and record funding – and the draft Scottish Government budget would see that funding increased.
“But this investment is only possible because of decisions taken by the Scottish Government, with progressive policies seeing higher earners paying slightly more to support our public services.
“Ruth Davidson’s Tory tax plans would blow a £500 million hole in the Scottish Government’s budget – this would be another Tory cut to Scotland’s public spending, on top of the £2.6bn of cuts that the Tory UK government are already imposing on Scotland over a decade of Westminster austerity.
“Scottish Conservative policies would damage public services in our capital city, including cuts to the NHS, and their Tory cuts would be equivalent to cutting 1777 nurses in our region – the Tories should explain why they’d prefer to give a handout to millionaires than to fund our hospitals.”
Territorial Board |
|
£501 million reduction |
Equivalent number of nurses |
|
£m |
||
Ayrshire and Arran |
|
-37.1 |
888 |
Borders |
|
-10.5 |
251 |
Dumfries and Galloway |
|
-14.9 |
356 |
Fife |
|
-34.1 |
816 |
Forth Valley |
|
-27.2 |
651 |
Grampian |
|
-49.5 |
1185 |
Greater Glasgow & Clyde |
|
-111.9 |
2680 |
Highland |
|
-32.3 |
773 |
Lanarkshire |
|
-61.9 |
1482 |
Lothian |
|
-74.2 |
1777 |
Orkney |
|
-2.4 |
57 |
Shetland |
|
-2.5 |
59 |
Tayside |
|
-39.3 |
941 |
Western Isles |
|
-3.3 |
79 |
|
|
|
|
Total |
|
-501.0 |
12000 |
Bank branch closures: MPs to grill senior bankers
Executives from the Royal Bank of Scotland will appear before the Scottish Affairs Committee this morning in a one off session to examine planned branch closures. Continue reading Bank branch closures: MPs to grill senior bankers
Debit or credit card payment ‘surcharge’ banned
Hidden charges for paying with a debit or credit card have been banned, helping millions of UK consumers to avoid rip-off fees when spending their hard-earned money. Continue reading Debit or credit card payment ‘surcharge’ banned
Tick tax returns off your Christmas list and avoid snowballing fines, warns local tax specialist
Local small businesses are being urged to complete their online tax returns ahead of the Christmas festivities to avoid snowballing fines. Continue reading Tick tax returns off your Christmas list and avoid snowballing fines, warns local tax specialist
Time running out to have your say on Council budget
Edinburgh’s Finance leaders will take to the City of Edinburgh Council’s Twitter account from 6 – 7pm tomorrow (Monday 18 December ) to answer your questions about budget and services. The budget consultation closes on TUESDAY. Continue reading Time running out to have your say on Council budget