News Archive
22/9/2022
Reversing NICs And Corporation Tax Rises Would Leave Debt On An Unsustainable Path
From the Institute for Fiscal Studies. In the ‘mini-Budget' on Friday 23 September, the government is expected to confirm substantial tax-cutting measures reflecting the new Prime Minister Liz Truss's commitments during the leadership campaign.
22/9/2022
Norway and Switzerland raise Interest rates
In an attempt to curb inflation Norway and Switzerland have raised interest rates. Norges Bank on Thursday raised interest rates by 50 basis points to 2.25 per cent, and indicated it was likely to make smaller hikes in November, December and March to end up at 3 per cent at the end of winter.22/9/2022
HSBC Raises Lending Rate In Hong Kong For First Time In 4 Years
Hong Kong's dominant lender increased the rate by 12.5 basis points to 5.125 per cent, following a move from the Hong Kong Monetary Authority to raise the city’s base rate to 3.5 per cent from 2.75 per cent. The city’s monetary policy mirrors that of the US Federal Reserve in order to maintain the Hong Kong dollar’s peg to the currency..22/9/2022
Germany See Big Rise In Cost Of Wood And Pellets
As Germany faces up to te loss of gas form Germany the price of wood and wood pellets has rocketed by over 85 percent. People are turning to alternatives to heat their homes.22/9/2022
Lidl Workers to Get Pay Boost
Lidl is investing £39.5m to increase hourly wages for more than 20,000 store and warehouse workers. The German discounter will increase entry-level pay to £10.90 per hour from £10.10 outside London and from £11.30 to £11.95 within the M25.22/9/2022
Trading Standards Scotand Issues Warning About Financial Scams
Financial Scams Scammers are targeting people with misleading online adverts for quick and easy loans or investments which are supposedly endorsed by celebrities. They are also cold calling and sending scam emails and text messages posing as bank staff or offering investment opportunities.22/9/2022
NHS Formally Notified Of Strike Ballot As Pay Dispute Continues
UNISON Scotland is gearing up to ballot more than 50,000 NHS members in a dispute over pay. All NHS employers have now received a formal strike notification from UNISON, today (Thursday) - advising them the official ballot will commence on 3 October.21/9/2022
Let's Talk Education - Young People Invited To Take Part In National Discussion
Every child and young person in Scotland is being encouraged to get involved in a National Discussion on education. Let's Talk Scottish Education invites those aged three to 18 to share their ideas, views and experiences.21/9/2022
Government Outlines Plans To Help Cut Energy Bills For Businesses
Support for households, businesses and public sector organisations facing rising energy bills has been unveiled. New Government scheme will see energy prices for non-domestic energy customers such as businesses, charities and public sector organisations cut - protecting them from rising energy costs.21/9/2022
Call For Targeted Action On Soaring Energy Bills
The UK Government is being urged by the devolved governments to fund its cap on energy prices through a windfall tax, not higher borrowing. In a joint letter to the new Chancellor of the Exchequer Kwasi Kwarteng, Deputy First Minister John Swinney is joined by Finance Ministers from Wales and Northern Ireland in calling for more targeted support to those impacted the most by the cost of living crisis.21/9/2022
Bank Of England Will Announce Interest Rate Rise At Noon On Thursday 22 September
The Bank of England delayed the announcement about the interest rate rise from last week due to the royal funeral. The announcement will be made on Thursday at Noon.21/9/2022
GMB TO BANK OF ENGLAND BOSS: ‘WILL YOU CONDEMN UNCONTROLLED BANKER BONUSES AFTER TELLING WORKERS TO SHOW WAGE RESTRAINT'?
Mr Bailey needs to say where he stands on this vital issue, GMB Union says. GMB has asked Andrew Bailey if he will denounce plans for uncontrolled bankers' bonuses - after the Bank of England boss called on workers to show ‘wage restraint' earlier in the year.21/9/2022
Federal Reserve Raises Interest Rates Another 75 Points
The Federal Reserve raised American interest rates by .75 percent today for the third time. The Bank of England is likely to follow on Thursday 22 September 2022.20/9/2022
Highlands and Islands food and drink finalists - SHORE in Wick is a finalist
The finalists of the Highlands & Islands Food & Drink Awards 2022 have been announced, as the Awards return after a two-year break. The Awards, now in their 17th year, are delivered by a steering group, including John Scott (Fearn Farm), Marian Armitage (Shetland Food and Drink), Sam Faircliff (Cairngorm Brewery) and Douglas Hardie (Bad Girl Bakery).20/9/2022
Have Your Say On Proposed College Merger | Thoir Do Bheachd Mun Cho- Aonadh A Thathar A' Moladh
There's still time to have your say on the proposed merger of UHI North Highland, UHI Outer Hebrides and UHI West Highland as the 10-week public consultation enters its final weeks. This exciting new strategic partnership would create an anchor institution of scale and impact within UHI, and the region, supporting 9000 students and 600 staff in 19 rural and island campus locations across the north of Scotland.20/9/2022
Highlands And Islands Labour Ms Rhoda Grant Is Seeking Answers From The UK Government On Financial Support For Those Off Gas-grid
On the 8th September, the UK Government announced financial measures to help consumers with rising energy costs. This included a discretionary fund for those who are not on standard gas/electricity contracts equivalent to the support available for those on gas-grid.20/9/2022
Scotland's University Support Staff Strike For Justice, Says Unison
UNISON members at three Scottish universities will today (Tuesday 20 September 2022) walk out to protest against another imposed, below-inflation national pay award. They also urge their employers, the Scottish Government and sector leaders to act to do more to protect the workforce from the cost of living crisis.20/9/2022
£150 Disability Cost Of Living Payments Begin This Month
From today (20 September 2022) around six million disabled people in the UK will start to receive their one-off £150 Disability Cost of Living payment. Six million people who are paid certain disability benefits will begin to receive a one-off payment of £150 from today Payments are part of the government's wider £37 billion support package, including the Energy Price Guarantee and cost of living payments totalling £650 Those who had confirmed payment of their disability benefit for 25 May will receive the £150 automatically, with the vast majority to be paid by early October.20/9/2022
UK Will Match Record Ukraine Support In 2023
Prime Minister announces the UK will meet or exceed the amount of military aid spent on Ukraine in 2022 next year. Prime Minister announces the UK will meet or exceed the amount of military aid spent on Ukraine in 2022 next year.20/9/2022
