Business Experts Call for Tax U-Turn As Scotland Gears Up for Tough Year

Summary


SCOTLAND could suffer several high street casualties in 2009 as the economy continues to shrink, one of the nation's leading business organisations warned last night.

The Scottish Council for Development and Industry issued the warning as retailers up and down the country slashed prices in a post-Christmas bid to attract customers and stave off the threat of bankruptcy.

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Extract


Business Experts Call for Tax U-Turn As Scotland Gears Up for Tough Year

Lesley Sawyers, the SCDI chief executive, said: "2009 will be an incredibly difficult year for Scotland and the Scottish economy. Econom...

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