|
Latest News Headlines
Headlines
Commercial Credit News
Headlines
|
| FSB: Rising labour costs could make Scottish jobs market deteriorate further |
|
|
|
| Thursday, 16 February 2017 | |
|
Scottish unemployment rose by 6,000 between October and November while unemployment across the UK fell during the same period. The number of employed Scots increased slightly.
Unemployment in Scotland now stands at 4.9%, compared to the UK-wide figure of 4.8%. Colin Borland, FSB’s head of devolved nations, said: “Scotland’s job figures have tracked behind the UK average for some time. We need action from Holyrood and Westminster to reverse that trend and get local economies moving. “From April, UK Government policy changes will drive up employment costs for the average FSB employer by £2,600. This is due to pension auto-enrolment, a rise in the National Living Wage and the associated increase in National Insurance contributions. At the Budget, the Chancellor must intervene to protect our jobs market from the impact of these surging costs by expanding its successful employment allowance.” On this year’s rates revaluation: Colin Borland said: “This year’s rates revaluation is proving controversial both north and south of the border. Smaller firms in Scotland benefit from the most helpful reliefs anywhere in the UK – but this property-based tax requires urgent modernisation. “The Scottish Government told FSB that 70% of firms will pay no more as a consequence of this year’s tax moves. They must quickly publish their data and analysis about the revaluation if we’re going to have an accurate understanding of the impact. “Too few firms know how to navigate the archaic rates appeal system. The Scottish Government should address this particular problem urgently.” |
3 October - Guoman Tower Hotel, Central London
CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.
This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.
To book to attend in 2017, contact Stephen Kiely or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas.
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
latest issue
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
The Credit Excellence Awards
Tuesday 3 October - Guoman Tower Hotel, Central London
Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.
To book your place to attend, please contact Alison Lucas.
subscriptions
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
CCR World Magazine
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP
Registered in England No: 05483197