News Archive
14/7/2025
In 2024, the UK's total trade in goods and services (exports plus imports) was £873.5 billion. The UK generally imports more than it exports, resulting in a trade deficit.
14/7/2025
In the four quarters to the end of Q4 2024, total trade in goods and services between the UK and China was £98.4 billion. This represents a decrease of £4.3 billion (4.2%) in current prices compared to the previous year.
14/7/2025
Government launches the Post Office Green Paper, the first comprehensive review of the Post Office in 15 years. First comprehensive review of the Post Office in 15 years, with customers and postmasters shaping its future.
14/7/2025
Ghost job ads are a real—and surprisingly widespread phenomenon in the UK job market. Developing the ability to spot them may save job searcher valuable time and effort finding a job.
14/7/2025
The latest tariff threat from former President Trump—specifically a proposed 50% duty on Lesotho's textile exports—has already had a devastating impact. According to multiple reports, up to 40,000 jobs in Lesotho's textile industry are at risk.
14/7/2025
The war may end, but Russia's The real crisis is just beginning. What happens the day after? Political Landscape When the conflict ends, Russia's ruling elite are likely to tighten their grip rather than open political space.
14/7/2025
The 2024 report is published as a special issue of the International Journal of Climatology, which is the Royal Meteorological Society journal of climate science and provides a review of the climate and significant meteorological events of the year. Highlights of the 2024 report The latest assessment of the UK's climate shows how baselines are shifting, records are becoming more frequent, and that temperature and rainfall extremes are becoming the norm.
14/7/2025
An update following the first round of negotiations on an Enhanced Free Trade Agreement with Turkey. The first round of negotiations on an enhanced Free Trade Agreement (FTA) with Turkey took place in Ankara between 23 June and 2 July 2025.
14/7/2025
Boost for British consumers and Developing Countries as UK launches new trade measures. New measures will make it easier for developing countries to trade, supporting jobs and economic growth in the UK overseas.
13/7/2025
On today's episode of Thinkers, Stig Abell is joined by behavioural economist and author of 'why we're getting poorer' Dr Cahal Moran. They discuss what tax on wealth Cahal would like to see in the UK, the effect migration has on the economy and the changes Cahal would make if he was Chancellor for the day.
13/7/2025
President Trump on Saturday released letters imposing new 30 per cent tariffs on imports from Mexico and the European Union, dashing hopes for deals that would avoid such punishing levies. The tariffs, which are set to take effect Aug.
13/7/2025
United Kingdom Economic strain: Industrial production hit: Goldman Sachs forecasts a 3% drop, one of the sharpest among major economies. Copper and pharma sectors vulnerable: Trump's proposed 50% copper tariff and potential 200% pharma tariff could disrupt UK exports.
12/7/2025
US tariff increases are expected to have a significant impact on the global economy. The Scottish Government's Office of the Chief Economic Adviser (OCEA) has carried out detailed trade modelling based on the structural gravity framework using our in-house Scotland-specific model.
12/7/2025
The largest event ever hosted in Orkney begins today, as part of four years of international sport in Scotland which are expected to attract tens of thousands of visitors and provide a significant economic boost. Orkney is welcoming more than 1,600 athletes from 24 island groups for the 20th International Island Games, which run until 18 July.
12/7/2025
Scotland's labour market has remained resilient at the start of 2025 in the face of elevated economic uncertainty, however there are indications that conditions have slightly softened over the past year. Based on the Labour Force Survey for February to April, Scotland's unemployment rate (4.2%) rose 0.4 percentage points (p.p) over the quarter but is 0.6 p.p lower than at the same time last year.
12/7/2025
The Scottish Consumer Sentiment Indicator rose to ‑5.5 in May, following its sharp drop in April. Consumer Sentiment The Scottish Consumer Sentiment Indicator reflects how people feel the economy is performing, how secure they feel about their household finances and how relaxed they feel about spending money.
12/7/2025
The report provides a summary of latest key economic statistics, forecasts and analysis on the Scottish economy as at July 2025. This edition of the Scottish Economic Bulletin focusses on latest economic indicators during the second quarter of the year in which we have seen further volatility in the global economic landscape.
12/7/2025
Global and domestic headwinds are expected to weigh on the economic growth outlook. Events in the Middle East over the past month and the subsequent volatility in global financial markets, alongside further developments in US international trade policy, continue to emphasise the scale of uncertainty in the global economic outlook.
11/7/2025
Yesterday 10 July 2025 the leaders of member states and international organisations of the Coalition of the Willing gathered in London, Rome and virtually to discuss strengthening support to Ukraine and further pressure on Russia. The leaders of member states and international organisations of the Coalition of the Willing gathered in London, Rome and virtually to discuss strengthening support to Ukraine and further pressure on Russia.
11/7/2025
The Prime Minister of the United Kingdom and the President of the French Republic met 10 July 2025 in Downing Street for the 37th UK-France Summit. The Prime Minister of the United Kingdom and the President of the French Republic met today in Downing Street for the 37th UK-France Summit.