Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Scotland's public spending deficit falls as tax take rises
Business & Finance

Scotland's public spending deficit falls as tax take rises

Scotland's public spending deficit falls as tax take rises
BBC UK Wednesday 12 August 2026, 09:39 UTC 1 min read
Key Points

Ministers have published the annual Government Expenditure and Revenue Scotland (Gers) report.

Ministers have published the annual Government Expenditure and Revenue Scotland (Gers) report.
Scotland (LOCATION)
Originally published by BBC UK Read original →

Related Stories

Coreweave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity. The company, which rents out high-powered computing capacity needed to run and build AI, reported after the bell Tuesday that its second-quarter revenue came in at $2.6 billion, up 112% from $1.2 billion in the second quarter of 2025. It's guiding for third-quarter revenue of between $3.4 billion and...

CNBC 12m ago

Chinese economic reformer Zhu Rongji dies aged 97

Former Chinese premier Zhu Rongji, who earned a reputation as an economic reformer, has died. Zhu, who served as China’s premier from 1998 to 2003, is remembered for tackling corruption, shaking up the centrally planned economy and overhauling the state-owned enterprise (SOE) sector. He also played a leading role in securing China’s entry into the World Trade Organization.

South China Morning Post 13m ago

Quake leaves Colombian towns in ruins as Valle del Cauca counts dead

In Zarzal, around 700 homes were damaged, with some reduced to rubble. At least one person died, while emergency teams assessed homes door to door to identify residents needing shelter and supplies. Debris blocked streets, and some badly damaged buildings may have to be demolished.

Euronews 13m ago

New York City Council announces probe into prediction market platforms’ marketing strategies

The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday. In letters to four prediction market platforms — Polymarket, Kalshi, Coinbase and Gemini Titan — Menin wrote that the council has been examining allegations of "false, deceptive, unconscionable, and objectionable marketing practices" by event contract exchanges for months. "Prediction markets aggressively entice consumers to bet and wager...

CNBC 14m ago