Business News Round Up (3/12/18)


Taxation will be the focal point of Scottish budget

The new Scottish budget will reveal the effect an improving economic outlook has had on public finances, however, the boost may be offset if threshold for tax rates are increased.

https://www.publicfinance.co.uk/news/2018/12/taxation-will-be-focal-point-scottish-budget

Hydrogen economy can bring £17bn boost to region, says leading industry figures

The North West Hydrogen Alliance (NWHA) has highlighted how the use of hydrogen energy could support clean growth, new jobs, skills and investment, in addition to boosting the economy.

https://www.manchestereveningnews.co.uk/business/business-news/hydrogen-economy-can-bring-17bn-15496429

Harper Macleod extends support for Scottish Edge

Law firm Harper Macleod has continued its support for Scottish EDGE, a start-up growth competition, by donating a minimum of 5% fees from helping EDGE companies with future legal issues back to EDGE to fund other start-ups.

https://www.insider.co.uk/news/scottish-edge-harper-macleod-support-13668208

UKFast to hit £50m revenues as it gears up for potential IPO

UKFast, an internet hosting service, has reported underlying earnings of £25 million this year, and is set to exceed over £50 million as it prepares for a public listing.

https://www.manchestereveningnews.co.uk/business/business-news/ukfast-hit-50m-revenues-gears-15496375