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The UK cost of living is currently the most affected of advanced economies. Private rents across all tenants in Scotland have risen significantly in recent months, with reports indicating that annual rents have increased by 15.1% in Edinburgh, 13.0% in Glasgow and 4.4% in Aberdeen. [2]
In 2020, the BBC reported the UK's housing gap was in excess of one million homes, [26] and previously (in 2019) that "An estimated 8.4 million people in England are living in an unaffordable, insecure or unsuitable home, according to the National Housing Federation". [27]
The Community Empowerment (Scotland) Act 2015 extended the Community Right to Buy to communities of any size, including those in urban areas. The Land Reform (Scotland) Act 2016 allows ministers to compel landowners to sell if they decide that the sale will further sustainable development in the area.
There's an island in Scotland on sale for $351,000. AOL.com Editors. Updated October 16, 2020 at 10:47 AM.
Nicola Sturgeon has promised her government "will keep doing everything we can" for the most vulnerable people in the country in response to the cost-of-living crisis.In a new year message to the ...
The UK government intensified its efforts to respond to the cost-of-living crisis in May 2022, with a £5 billion windfall tax on energy companies to help fund a £15 billion support package for the public. The package included every household getting a £400 discount on energy bills, which would be in addition to a £150 council tax refund the ...
Banking has been a mainstay of the Edinburgh economy for over 300 years, since the Bank of Scotland was established by an act of the Scottish Parliament in 1695. Today, the financial services industry, with its particularly strong insurance and investment sectors, and underpinned by Edinburgh-based firms such as Scottish Widows and Standard Life Aberdeen, accounts for the city being the UK's ...
All transfers of property ownership in Scotland are recorded in the Register of Sasines or the Scottish Land Registry. [5] Domestic rates were a more stable income source for local government as they are based entirely on property values which provide greater financial certainty to councils - reducing their cost of borrowing.