Connect with us

Business

The analysis of billions of Covid business funds is not feasible, Auditor General says

Published

on

Analyzing how the distribution of PS4.4 billion in Covid-19 funds to businesses is not feasible due to an information gap an independent watchdog has stated.

The Scottish Government has provided grant funds and business rate relief between the beginning of the pandemic and October of last year. Along with another PS375 million after the outbreak in the Omicron variant at the year’s end in 2021.

But, Audit Scotland said there was “not enough focus” on gathering high-quality information “below an aggregate level.”

A report released on Thursday stated that the accuracy and quality of data gathered by the government “vary” and prevent detailed investigation of how the funds were allotted and how fast it was distributed.

Auditor General Stephen Boyle said: “These business support schemes were run rapidly in extraordinary circumstances. But knowing where the funds went is important.

“To get future policy development and delivery right, it will be important for the Scottish Government to fully understand how funding was used to support specific businesses and groups over the last two years of the pandemic.”

As per the findings, the Scottish Government cannot offer an analysis of the total amount of money paid to various economic industries through the general funding schemes. The information which could permit analysis of the groups most affected by the epidemic isn’t accessible through Government centrally. Government centrally.

The sector-specific funding administered by organizations instead of councils or Governments has run into problems, with around 20% of the funds not being linked to specific council regions.

William Moyes, chairman of the Accounts Commission, said arrangements that councils have put in place to guard against fraud when they provide the funds are “heavily relied upon” during the epidemic, adding that “Councils will need to continue to work closely with the Scottish Government to ensure a better picture emerges of how money was distributed.”

Responding to the report, the Economy Secretary Kate Forbes said she was “pleased” it recognized the speed at which the Government has rolled out funds to companies and how the report “reflects the unique and challenging context in which new support packages had to be established.”

She said: “Every decision the Scottish Government has taken is based around ensuring that businesses receive the help they required in the time they needed it, which has resulted in more than PS4.5 billion being given to companies across the country, which includes PS1.6 billion in relief from rates which is much more generous than other UK administrations up to now.

“We will now carefully consider the findings of this report, and of course, any lessons will be learned, but fundamentally this report shows the decisions we took ensured lifeline support reached key businesses promptly, and our economy continued to grow by 7.1% despite the necessary public health restrictions.”

Forbes (below) added that he thanked the enterprise agencies, industry, and councils, noting that “we would not have been able to offer this lifeline assistance at speed and in the amount necessary.”Scottish Conservative finance spokesperson Liz Smith said the report revealed a “shocking lack of data.”

 

She stated: “Enormous sums of public funds were dispensed to assist struggling businesses, but because of the SNP, we don’t understand the exact location.

“While we recognize that Covid funding was required to be distributed quickly, there is no reason for this shocking deficiency of information.

“Audit Scotland is there to make sure that public funds are used responsibly, and if even they are unable to trace where the money was spent, the Government’s accountability is in the dust.

“Taxpayers have a right to know where their hard-earned cash has gone and will naturally be suspicious when this information can’t – or won’t – be provided by an SNP Government that increasingly considers itself above scrutiny.”

Labour MSP Daniel Johnson said the Scottish Government has “disdain for economic transparency.”

He continued: “Billions of pounds have been deposited into the SNP Treasury, but the spending has been encased in mystery and confusion…

“The lack of data highlighted in this report makes it impossible to determine whether these huge sums reached those who needed it and delivered good value for taxpayers.”

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

What is an Ultrasound Tech Salary?

Published

on

The job of an ultrasound technician can be a thrilling one. It is a promising career with high pay and advantages. A lot of technician schools offer training programs for the area. If you take the time to obtain a degree or certificate in the ultrasound field, you’ll be able to earn an income worth the effort and time.

HOW MUCH DOES AN ULTRASOUND TECHNICIAN MAKE

Ultrasound salary rates are far more competitive than the majority of the positions in allied health. Some markets pay over $65,000 in this position. An ultrasound technician can expect to earn a median annual pay of $63,640 for diagnostic medical Sonographers as of May 2009, as per the Bureau of Labor Statistics.

The salary may vary based on the kind of job setting. For instance, the median annual income in 2009 for employees working in doctor’s offices was $63,820. For hospital workers, it was $63,770. The salaries can also differ according to state and clearly by country. Similar to other occupations, ultrasound wages are less for entry-level employees and higher for those in higher-paying posts. If you earn greater than $65,000 per year and 55 percent are over 50, as well as 22 percent are under 30, According to the Society of Diagnostic Medical Sonography.

GET REGISTERED AND MAKE MORE MONEY

Technicians can expect less money even if they’re not certified by the American Registry of Diagnostic Medical Sonographers (ARDMS). However, the bottom 10% of technicians earn the least money, equivalent to $ 43,990 a year, and the higher 10% earn $85,950 yearly. Pay is also contingent on the number of specificities the technician holds. The more specialties the technician has, the more lucrative the salary. Employer, certification/education, or background may also affect the ultrasound salary. Hospital employees make $63,770 a year.

Doctors employ the second highest number of ultrasound techs in their clinics, and 13,290 technicians earn $63,820 annually. Diagnostic and medical labs use the third highest number of technicians, i.e., approximately 4,680. They pay each one $61,820 of them each year. Schools that teach pay roughly $66,000.

ultrasound

ultrasound

WHERE DO YOU LIVE

Furthermore, geographic locations are also a significant factor in determining how much pay a technician can earn. For example, Massachusetts has the highest ultrasound technician’s salary, around $78,460 annually. Oregon is almost identical, with a salary of $78,320. Colorado is third with approximately $77,380 annually. The need for technicians is huge in not developed states, while jobs have attained a saturation point in more developed states.

If a technician wishes to make the most money, it is recommended that they join those firms that offer employment services. They could earn as much as $68,000 or more annually. Enterprises and management companies offer the second highest pay, $67,890 per annum. Outpatient centers earn $64,560 annually, while educational schools have a salary of approximately $66,000. The structure of wages is also influenced by the environment in which the technician works, the workload the technician is responsible for on their own, and the company’s size. Experience in the field is significant to the average salary.

Continue Reading

Trending

%d bloggers like this: