'Pause for thought' as corporation tax hike takes business by surprise heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.
OPINION
File photo dated 01/09/20 of the Chancellor of the Exchequer Rishi Sunak. The Government is being urged by MPs to publish a list of companies which have signed up to the furlough scheme amid concerns it does not know how much is being lost through fraud a The Chancellor Rishi Sunak is preparing to deliver his Budget on March 3 in the face of heightened scrutiny and commentary. The background, informed by the global Covid-19 pandemic, is emergency spending and cuts which have informed the UK’s largest peacetime deficit. All very straightforward. Some recent commentary has centred upon the prospect of tax rises designed to address the public finance issues. There are voices within his own party known to advocate that the Chancellor stay his hand in this regard. The argument is that immediate focus should be on economic recovery, fostered by further support measures for individuals and businesses. The Institute of Fiscal Studies has made a similar call to the effect tha
THE financial services heavyweight who chairs 7IM has said the wealth manager is in the market for more acquisitions in Scotland as he underlined his confidence in the prospects for firms in the country. Adrian Grace shrugged off concerns about the potential impact of Brexit claiming Scotland’s strength in industries such as pensions and investment management mean it is well placed to benefit from trends that will have huge significance in coming years. “Scotland has got a place which is very difficult to disrupt,” said Mr Grace, who stood down as chief executive of Edinburgh-based Aegon UK in January last year after running the pensions to investment technology group for a decade. He joined 7IM in September.
The Herald is hosting a Budget Briefing By Scott Wright THE big talking points from Rishi Sunak’s Budget will be put under the microscope by a panel of leading business figures convened by The Herald on March 4. Tracy Black of CBI (Confederation of British Industry) Scotland, Liz Cameron of Scottish Chambers of Commerce, Fraser Campbell of Azets, Roz Foyer of The Scottish Trades Union Congress, Pete Murrin of Turcan Connell, and Edward Smith of Rathbones will gather online to analyse the key announcements the morning after the Chancellor delivers the Budget to Parliament on March 3. The Herald Budget Briefing will be compered by political commentator Iain Macwhirter, who will chair a panel discussion and then a question-and-answer session with the virtual audience.