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The latest delay to the outcome of a consultation announced in last year’s spring Budget has led to accusations of Chancellor Rishi Sunak ‘kicking the issue down the road’

Chancellor urged to follow Scottish finance secretary

Retail businesses will pay no rates during 2021-22 under proposals outlined today (16 February) by the Scottish government. The move builds on the three-month rates relief extension announced in the Scottish Budget and will be taken forward provided the Scottish government receives the funding already assumed from the UK Budget on 3 March, and that requisite funds are available to maintain existing support into 2021-22. Newspapers will also continue to benefit from 100% relief for

Peer to Peer Lender Folk2Folk Adds More Brokers Peer to peer lender Folk2Folk says it has increased the size of its brokerage partners. According to the company, this has resulted in several adjustments within the firm, including an expansion of its South West focus to become a national lender, accepting deals from across England, Scotland and Wales. In doing say, Folk2Folk has reallocated several employees. Folk2Folk says it has also increased its minimum loan amount to £100,000 and a minimum investment in a loan is £20,000. Folk2Folk states that the expanded team of “BDMs” will look ...

Scottish retailers have rates holiday extended Print 29th January 2021 The Scottish government has extended the business rates holiday for retailers for “at least an additional three months”. The rates holiday, which was initially due to expire on 31 March, will now run at least until 30 June. Finance secretary, Kate Forbes, confirmed the move as part of the Scottish Budget. She said: “This Budget is focused on delivering tax policies that will support economic recovery and maintain our commitment to creating a fairer and more progressive tax system. It is about striking the right bala...