Council investments rally to reach £387m
Council investment funds increased to £387m by the end of the last financial year.
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Council will raise tax and draw on reserves to maintain services
Schools and ferries are two areas where the council may be forced to make cuts if it is to continue to balance its books. That…
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Hjaltland rents go up, but hike is capped at inflation rate
Hard-up Hjaltland Housing Association tenants will have to find an extra £3.40 a week to cover rent increases.
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Actions for the trust (George Sutherland)
Shetland Amenity Trust responds to former employee’s criticism. What do you think is the best way to solve the trust’s financial crisis?
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Former NHS finance chief take on enterprise agency role
Former NHS Shetland head of finance Nick Kenton has been appointed to a similar position with economic and community development agency Highlands and Islands Enterprise…
READ FULL STORYAudit Scotland reports suggest that Shetland Islands Council is performing well
A positive report from Audit Scotland has claimed that the council is on stable financial footing and is working hard to ensure future financial sustainability.
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Pre-school shake-up presents challenges and opportunities
A mountain of work is due to be undertaken by council staff as plans to increase the hours of free early learning and childcare entitlement…
READ FULL STORYFears of redundancies as two big banks merge after market chaos
By ROSALIND GRIFFITHS EMPLOYEES of local banks were re-assured yesterday that there will be no rush to slash jobs following the takeover of HBOS by…
READ FULL STORYTrustees renew calls for ethical investment strategy
By JOHN ROBERTSON SHETLAND Charitable Trust has come under attack again for profiting from the activities of arms manufacturers, tobacco sellers and companies accused of…
READ FULL STORYGolden age of spending over
By JOHN ROBERTSON THE COUNCIL’S golden days of spend, spend, spend are coming to an end with tough decisions looming in the very near future….
READ FULL STORYDeal to save £1 million may hurt local businesses, members told
By JOHN ROBERTSON A COUNCIL bid to shave £1 million off its costs by taking part in national supply contracts will hurt local businesses, councillors…
READ FULL STORYTrustees still let money go up in smoke
By NEIL RIDDELL A RENEWED call for Shetland Charitable Trust to cease investing in tobacco companies was rejected by trustees this week. For the third…
READ FULL STORYDecision time for important projects
By NEIL RIDDELL A YEAR on from the inception of this council, the next week will mark a watershed in determining the direction in which…
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