The credit crunch continues to be a boon for savers with the Halifax today launching a 10% fixed rate savings account. The drawback is that savers can only deposit up to £500 (or as little as £25) each month by standing order for a guaranteed rate of 10% for only the first year.

A group of solicitor firms, who account for around a quarter of the properties sold in the Edinburgh area, are hoping that a new cashback scheme aimed at helping first time buyers will stave off the worst of the credit and housing meltdown.

City centre businesses have voted to go ahead with an Edinburgh Business Improvement District (BID) - the first in the capital and the fifth such scheme in Scotland.

The Scottish Government yesterday announced a £6 million fund over three years to promote Scottish-based work from Edinburgh's Festivals.

The Member of Parliament for Edinburgh South-West delivered his first budget as Labour Chancellor earlier today "to secure a strong, sustainable future."

The Scottish Government unveiled plans for a local income tax of 3p on the pound yesterday to replace the Council Tax.

The Council Tax is the only tax set by Edinburgh City Council. It is a local tax on domestic properties, based on the "open market value" of your home, which goes towards funding local public services in the capital.

Edinburgh will celebrate national fair trade Fortnight (25 February - 9 March) with its annual Fairtrade breakfast later this week.

Britain's biggest brewer Scottish & Newcastle, which has its international head office in Edinburgh, is to be taken over by foreign rivals Carlsberg and Heineken.

In 2006, inventors in Edinburgh filed a total of 489 patent applications, according to the UK government's Intellectual Property Office (IPO). Not bad, but the IPO is hoping to see those numbers continue to rise