Council chiefs in Aberdeen are steeling themselves for an “economic Armageddon” amid fears up to £35million could be cut from its funding package today.
Average earners in the north and north-east could pay £8million more than those in the rest of the UK if the SNP raises income tax, it has been claimed.
New Scottish Labour leader Richard Leonard branded the chancellor’s Autumn Budget a failure – and Scottish Liberal Democrat leader Willie Rennie said Britain had plunged “deep in the relegation zone”.
Scottish Finance Secretary Derek Mackay was under pressure last night to follow the UK Government’s decision to scrap stamp duty for first time property buyers.
Finance chiefs have demanded the Scottish Government use the £350million funding announced by Westminster to soften the blow of crippling business rates in the north-east.
The most sugary soft drinks are to be taxed at 24p per litre as part of plans to reduce childhood obesity, the Chancellor has confirmed.
Entrepreneurs starting a new business will be “penalised” under changes to National Insurance contributions announced by the Chancellor, it has been warned.
The crisis in social care in England has forced Chancellor Philip Hammond to pledge an extra £2 billion over three years to help ease the pressure.
An emergency £435 million package has been unveiled by Philip Hammond to help pubs and other firms facing major hikes in their business rates.
The Budget sets out a a plan for a “brighter future” as the UK leaves the European Union, the Chancellor has told MPs.
Billed as 'upbeat' and 'no gimmicks', Philip Hammond's first and last Spring Budget attempted to shine a positive light on post-Brexit Britain.