Oil and gas sector leaders have warned that thousands of jobs and billions of pounds of investment would be "wiped out" under Labour plans to increase the windfall tax. Trade body Offshore Energies UK (OEUK) has claimed up to 42,000 jobs and £26 billion of economic value would be lost after Labour unveiled manifesto plans to increase tax rates and cut investment allowances if it takes power.
The information provided is a summary of reports from operational staff and is intended to give a general indication of typical conditions in each area at a point in time. It is not intended to imply that any individual route is entirely snow and ice free and drivers must be aware that conditions can change rapidly and make their own assessment of conditions for travelling.
It is always hard to get a handle on announcements when they are termed in millions and billions. Freezing the council tax may seem like a good idea on the one hand but council do not agree that the payment to cover this is anything like adequate.
Reshuffle combines Economy, Net Zero and Energy in a new portfolio. Unleashing Scotland's renewable potential and building Scotland’s economy will be overseen by a single portfolio headed by Màiri McAllan as Cabinet Secretary for Wellbeing Economy, Net Zero and Energy.
Plans to continue setting a minimum price per unit of alcohol and to increase it by 15p will go before the Scottish Parliament for approval. As part of a ‘sunset clause' when Minimum Unit Pricing (MUP) legislation was introduced in 2018, it will end on 30 April this year unless Parliament votes to keep it.
The latest Royal Bank of Scotland Report on Jobs survey signalled a drop in recruitment activity across Scotland at the start of 2024. Both permanent staff placements and temp billings fell sharply in January, with the latter posting the first decline in three months.
The climbing cost of borrowing could result in a £25bn refinancing burden for UK Plc in the next three years, according to the latest report from EY-Parthenon. Key takeaways: ► Though the outlook is brightening, businesses shouldn't over-rely on interest rates coming down quickly.
Recent attacks on commercial shipping and warships in the Red Sea by Yemen's Houthi rebels have brought the ocean back to the forefront of international security. Western global leadership was the result of centuries of sea mastery.
Solar car park installer 3ti has completed the installation of a Papilio3 pop-up solar car park and electric vehicle (EV) charging hub at Raigmore Hospital in Inverness. The latest delivery is the first of its kind to be operational in Scotland and provides hospital users with access to 12 charge points boosted by renewable energy.
The Scottish economy is expected to improve in 2024 after little growth over the course of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. The Institute's quarterly Economic Commentary, which includes an assessment of all the latest key data on the UK and Scottish economies, is published today.
FAI economist Dr Hannah Randolph is joined by our director Professor Mairi Spowage to talk about our latest Economic Commentary, which covers the fourth quarter of 2023. We talk about the current state of the economy and some reasons for optimism, then turn to an evaluation of where the Scottish economy is now in comparison to before the Covid-19 pandemic.
New group comprised of government and pension industry representatives to look at helping savers track their pensions. Members will discuss the design and implementation of the proposed new consolidation system as part of new Small Pots Delivery Group.
Cabinet Office Minister, Baroness Neville-Rolfe shares her experiences of working with apprentices at the Public Sector Fraud Authority. National Apprenticeship Week 2024 is a fantastic opportunity to shine a spotlight on the vital contributions apprentices now make in the public sector.
The Scottish budget gives a "misleading impression" about spending increases, a think tank chief has said. Institute for Fiscal Studies associate director David Phillips warned it was unlikely NHS Scotland would "survive" without extra funding this year.
Island communities affected by poor ferry services have raised their concerns direct with CalMac, thanks to a UK Government summit. At a meeting on Monday 5 February - convened by Scotland Office Minister John Lamont - community representatives talked about the effects of unreliable services on families, business, and the tourist trade, with warnings the viability of some islands is at risk.
Michael Mathison health minister in the Scottish Government has resigned in advance of a report about the use of his ipad while on holiday with his family. This is the second ministerial resignation in a week.
UK to support Ukrainian businesses by extending tariff-free trade until 2029. UK and Ukraine extend tariff-free trade on majority of goods for an additional five years.
Phil Anderson Financial Services is thrilled to announce that Louise Cormack, a valued member of our team at the Wick Office in Caithness, has successfully passed her final exam and is now a fully qualified mortgage adviser. Louise's accomplishment comes after passing the Chartered Insurance Institute CF6 mortgage advice exam, completing the rigorous Certificate in Mortgage Advice.
Don't Lose Your Parents Home To Care Fees In this video, we explore the vital topic of protecting your parents' home from care home fees in the UK. As house prices continue to climb, ensuring that your family home is safeguarded against these costs is more important than ever.