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Scottish Business Buzz (07.12.16)

Scottish Business Buzz (07.12.16)

| 07/12/2016 | 0 Comments

£5m investment for Peterhead fishing port from Scottish Government and European and Maritime Fisheries Fund. The £5m investment will allow Peterhead Port Authority to expand the floor space of its fish market by 50% and bring together key services and facilities so fleets can complete port calls quicker. Rural Economy Secretary Fergus Ewing said: “Scotland’s […]

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Scotland needs powers to make corporations earn tax cuts

Scotland needs powers to make corporations earn tax cuts

I have never fully understood why almost every Chancellor in my lifetime was singularly focused on tax cuts as a driver for economic growth. The idea comes from the father of neo-liberalism or if you prefer neo-classical economics Milton Friedman who said: “I am in favour of cutting taxes under any circumstances and for any […]

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Scottish Business Buzz (30.11.16)

Scottish Business Buzz (30.11.16)

| 30/11/2016 | 0 Comments

Sturgeon’s visit to Ireland: Brexit will lead to Scottish independence.  Speaking at Trinity College Dublin the First Minister said: “I have always believed Scotland will become an independent country and I think it will become an independent country well within my lifetime – and this may be the moment for that.” The FM addressed the audience […]

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Independence bonus would totally reshape GERS debate

Independence bonus would totally reshape GERS debate

In the past week the national accounts of two nations were put under the microscope, well one nation (the UK) and one region of that nation. An Autumn Statement laden with Brexit doom and gloom shed light on the economic problems facing Scotland as part of the Union, and in Scotland, Common Weal weighed in […]

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Autumn statement offers no protection to Scotland from hard Brexit

Autumn statement offers no protection to Scotland from hard Brexit

| 23/11/2016 | 4 Comments

Business for Scotland response to the Autumn Statement Founder and CEO Gordon MacIntyre-Kemp has welcomed the decision on fuel duty, but said plans to increase it should not even have been considered in the first place. And he warned that a hard Brexit would adversely impact Scotland’s high value exports, particularly in the growing food […]

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Scottish Business Buzz (23.11.16)

Scottish Business Buzz (23.11.16)

| 23/11/2016 | 0 Comments

New ethical market launched in time for Christmas in boost to small businesses.  The Common Market, a new online trading platform to promote small ethical businesses in Scotland has been launched before Christmas. Commenting on the launch, Campaign Officer for Common Weal Max Wiszniewski, said: “There is a lot of justified feelings of negativity towards […]

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The only certainty with Brexit is a second independence referendum

The only certainty with Brexit is a second independence referendum

Into the chaotic shambles that is Brexit one almost cast iron certainty is emerging, that there will be a second independence referendum before the UK leaves the EU. The UK is wed to a political system of governance that no longer works and an economic dogma that has been proven wrong and seems unable of […]

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Scottish Business Buzz (16.11.16)

Scottish Business Buzz (16.11.16)

| 16/11/2016 | 0 Comments

SMEs on course to deliver £217bn to economy by 2020.  The findings of research delivered by the Centre for Economics and Business Research in collaboration with Hampshire Trust Bank says the £217n represents an 11% increase on the current contribution delivered by the SME sector. Mark Sismey-Durrant, chief executive at Hampshire Trust Bank, said: “Our […]

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Trump Victory – Tipping Point or Breaking Point?

Trump Victory – Tipping Point or Breaking Point?

The crash of 2007 wasn’t just a normal recession, it marked the early death-throes of the neoclassical economic belief system, a fundamental failure of the rules that govern global finance that ushered in an era of omni-uncertainty. People can see we have not bounced back, they understand that the global economy can’t take another hit […]

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High Court puts Theresa May between a rock and hard Brexit

High Court puts Theresa May between a rock and hard Brexit

Yesterday’s High Court ruling that the UK Government must put Article 50 to the Westminster parliament places Theresa May between a rock and a hard Brexit. It seemed obvious to many that the EU referendum, having only advisory status, would need a vote of parliament to legitimise and confirm the UK Government’s authority to trigger […]

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Scotland’s Compassionate Capitalist Legacy

Scotland’s Compassionate Capitalist Legacy

| 04/11/2016 | 2 Comments

The latest headlines to hit the Royal Bank of Scotland are shocking. Allegations that businesses, many successful, were preyed upon and asset stripped to bolster the profits of RBS. You would have thought that post the sub-prime bailout with tax payers money and the subsequent interest rate and forex rigging scandals that the banking sector […]

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Scottish Business Buzz (01.11.16)

Scottish Business Buzz (01.11.16)

| 01/11/2016 | 2 Comments

Pay rise for Scots employees as more than 600 firms sign up to living wage increase.  The increase taking the hourly rate to £8.45 in Scotland, was announced by the First Minister, urging more firms to become accredited Living Wage employers. The scheme, administered by the Poverty Alliance, reflects the cost of living and pays more […]

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Could England decide to leave the UK?

Could England decide to leave the UK?

There is an answer to the whole Brexit debacle, that no one seems to be considering. We all know the UK doesn’t have enough trade negotiators and will have to recruit “foreigners” to set up its sovereign trade deals.  We know that Brexit uncertainty is harming investment, threatening to prick the over-inflated London and South […]

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