News Archive

24/7/2026

Trump's Tariffs Are Back: The Courts Stopped One Trade War – But Another Has Already Begun

When a US court ruled against many of President Donald Trump's tariffs earlier this year, some commentators declared that the trade war was over.   It wasn't.  

24/7/2026

The Pound Looks Strong — So Why Does Life Still Feel More Expensive?

Look at the currency markets and the picture appears reassuring.   The pound has been holding up against the US dollar despite wars, oil price shocks and uncertainty in global markets.  

24/7/2026

The Invisible Tax of a Weak Pound: How Currency Movements Quietly Raise the Cost of Everyday Life

The Invisible Tax of a Weak Pound: How Currency Movements Quietly Raise the Cost of Everyday Life When people think about rising prices, they usually look for obvious causes.   A war.  

23/7/2026 : Local Authority

England Cuts Business Rates for Hospitality – Will Scottish Businesses Be Left Behind?

The UK Government has announced a 20% cut in business rates for many hospitality businesses in England, offering welcome relief to pubs, restaurants, cafés, hotels and live music venues that have struggled with rising costs in recent years.   For thousands of businesses south of the Border, it could mean lower bills and a little more breathing space.  

23/7/2026

Legal aid consultation - Building a fairer, more accessible legal aid system

Views are being sought on plans to reform the legal aid system, improving the service for the people who use it and the professionals who deliver it.   The Legal Aid Reform consultation sets out wide-ranging proposals to modernise the system, paving the way for a new Legal Aid (Scotland) Bill.  

23/7/2026

Trading Standards - Bank Scams: 'Safe Account'

There have been recent reports of scam phone calls impersonating banks, where the caller tries to convince customers to move money to a 'safe account'.  They usually say there has been suspicious activity on your account, or that your account has been compromised.  

23/7/2026

Scotland stands ready to welcome Commonwealth Games But You will Need To Pay As Subscription To Watch On TV

The Glasgow 2026 Commonwealth Games provides a huge opportunity to showcase the best of Scotland on the world stage, First Minister John Swinney has said.   The First Minister welcomed heads of visiting delegations from the 73 Commonwealth nations at an event at Team Scotland House, Glasgow, ahead of the Games beginning in the city today (Thursday 23 July 2026).  

23/7/2026

 
Deadline approaches for first Making Tax Digital quarterly update

Making Tax Digital for Income Tax customers have 2 weeks to submit their first quarterly update.   Sole traders and landlords earning more than £50,000 from their self-employment and property must send their first Making Tax Digital for Income Tax quarterly update by 7 August 2026.  

23/7/2026

Scotland's Business Insolvencies Have Stabilised – But Is the Worst Really Over?

The latest insolvency figures suggest that fewer businesses are going bust than many feared.   At first glance, that sounds like good news.  

23/7/2026

 
Eight Ways to Raise £21 Billion Without Raising Income Tax – Could These Be the Prime Minister's Next Moves?

The new Prime Minister has made tackling the cost of living and reducing the burden on businesses one of his priorities.  That is easier said than done.  

23/7/2026

Prime Minister pledges growth in every postcode across whole of UK as he visits Scotland

Prime Minister Andy Burnham will pledge to deliver growth in every postcode across the UK as he visits Scotland during his first week in office.   Prime Minister vows to bring back hope ahead of first meeting with First Ministers of Scotland and Wales.  

23/7/2026

Could America’s Drone Power Change the Course of the Ukraine War?

The war in Ukraine has become the first major conflict where drones have moved from being a supporting weapon to one of the central tools of warfare.   A new agreement between USA and Ukraine has been signed creating the first formal framework for exporting Ukrainian combat drones to the U.S.  

23/7/2026

When Does a Stealth Tax Stop Being Stealthy?

For years we have heard politicians, economists and journalists talk about "stealth taxes." The phrase usually describes measures that increase the amount we pay without raising the headline rates of Income Tax or VAT.   The idea is simple.  

23/7/2026

Why Are Construction Companies Going Bust Faster Than Other Businesses?

The construction industry is often described as the "engine room" of the economy.   When builders are busy, it usually means confidence is rising, people are buying homes, businesses are investing and public projects are moving ahead.  

23/7/2026

Oil Heading Towards $100 – Why Another Fuel Shock Could Be Coming

After months of uncertainty in global energy markets, oil prices are once again moving towards a level that will worry households, businesses and governments.   A return to $100 a barrel oil may sound like a distant concern, but for many people in rural areas the impact can arrive quickly through higher petrol, diesel and heating oil prices.  

22/7/2026

The Edinburgh Festival & Fringe 2026: Will the Business Boost Continue Despite Soaring Prices?

The Edinburgh Festival and Fringe are about to begin, and the question many businesses — and residents — are asking is simple: will the economic boom continue even though accommodation prices have become eye‑watering? The short answer is yes.   The longer answer is yes, but with consequences.  

22/7/2026

VAT Removed From Electricity Bills – But What About the Highlands That Run on Heating Oil?

When a government announces a cut to energy bills, the immediate reaction is usually positive.   Lower bills are welcome.  

22/7/2026

The Commonwealth Games 2026: Will Scotland - and Glasgow - See a Real Business Boost?

The 2026 Commonwealth Games are about to begin in Scotland, and the question many businesses are asking is simple: will this actually deliver an economic boost, or is it just political hype?.   The 2026 Commonwealth Games are taking place in Glasgow, Scotland, running from July 23 to August 2, 2026.  

22/7/2026

Ukraine War: How a Conflict Thousands of Miles Away Changed Prices in Caithness

When Russia launched its full-scale invasion of Ukraine in February 2022, most people in Caithness were watching events unfold as a terrible human tragedy happening thousands of miles away.   Few could have predicted how quickly the consequences would reach everyday life in northern Scotland.  

22/7/2026

The Policies That Could Actually Fix the UK Energy Crisis

While I am conducting my own personal home experiment in cutting my energy use at home no amount of switching almost everything off can solve the energy crisis.  Not using any of my oil heating cuts the bill to zero but means wearing extra clothes and only occasional quick blasts from a fan heater in one room at a time can reduce the electric bill but living in much less comfort.