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News Archive


22/7/2022
7.2 Million Cost Of Living Payments Made To Low-income Families
Over 7.2 million payments of £326 have already been made to help households through the government's Cost of Living support.   7.2 million payments of £326 - worth a total of £2.4bn - made in first week of Cost of Living support rollout.  
22/7/2022
UK Consumers Save £2 Billion Following CMA ActionThumbnail for article : UK Consumers Save £2 Billion Following CMA Action
Consumers in the UK saved an estimated £2 billion a year over the last 3 years thanks to action taken by the CMA to protect them from illegal and unfair practices.   £2 billion a year in savings achieved for consumers on average over the last 3 years.  
22/7/2022
One Week To Go To The Tax Credits Deadline - Don't Miss OutThumbnail for article : One Week To Go To The Tax Credits Deadline - Don't Miss Out
The deadline for tax credits renewals is 31 July 2022.  With just over a week to go, customers are being urged to renew their claim using HMRC's online services.  
22/7/2022
Money And Welfare Advice From GP Practices
Service to be extended to more rural and island communities.   Investment of up to £300,000 will help support money and welfare advice services in some of Scotland's most remote locations.  
22/7/2022
Supporting Scotland's Local Food And Drink
A total of 24 projects from across the country have been awarded funding of £110,000 to promote and showcase quality regional produce.   The latest round of the Regional Food Fund (RFF) was launched in April this year to support the development of local food and drink projects with grants of up to £5,000.  
22/7/2022
Increase The HMRC Mileage Rate From 45p/mile To 60p/mile Petition Failed To Get 100,000 Signatures
The petition to the UK government failed to get enough signatures to be put forward.   Who knew it was even out there.  
21/7/2022
The Sizewell C Project Development Consent Decision AnnouncedThumbnail for article : The Sizewell C Project Development Consent Decision Announced
On 20 July 2022, the Sizewell C Project application has been granted development consent by the Secretary of State for Business, Energy and Industrial Strategy.   The application involves the construction of a new nuclear power station producing reliable, low-carbon electricity to help Britain achieve Net Zero.  
21/7/2022
Pay Increase For Medical And Dental Staff - 4.5%
NHS medical and dental staff will be awarded a 4.5% pay increase for this year backdated to 1 April 2022.  This is for all NHS Scotland medical and dental staff, general medical practitioners and general dental practitioners.  
21/7/2022
Flying Taxis And Vaccine Carrying Drones: £12 Million Fund Opens For Regulators To Drive Innovation Across The UKThumbnail for article : Flying Taxis And Vaccine Carrying Drones: £12 Million Fund Opens For Regulators To Drive Innovation Across The UK
A new £12 millon fund will support regulators and local authorities develop initiatives that help businesses bring innovative products and services to market.   New £12 million fund will support regulators and local authorities develop initiatives that help businesses bring innovative products and services to market.  
21/7/2022
Over 285,000 Medicines And Medical Devices Seized UK-wide In Global Action
Officers from the MHRA have seized large quantities of illegally traded medicines and medical devices in an Interpol week of action known as "Operation Pangea".   Medicines and medical devices valued at over £850,000, totalling more than 285,000 items, have been seized by officers from the UK's Medicines and Healthcare products Regulatory Agency (MHRA) as part of a global operation to tackle the illegal sale of medical products, with UK seizures estimated to be worth around 9 per cent of the global total.  
21/7/2022
1.2 Million Low Earners To See Boost In Take-home Pay
On 20 July 2022 the government has published legislation confirming that low earners who save through a Net Pay Arrangement (NPA) will get the same level of government top-up as those who use Relief at Source schemes.   1.2 million low earners to see a boost to their take-home pay from 2025.  
21/7/2022
Government And Leading Businesses Join Forces To Help Households With Cost Of Living
Cost of Living Business Tsar and former Just Eat boss David Buttress agrees deals and discounts with major UK businesses to form part of Help for Household campaign.   Cost of Living Business Tsar and former Just Eat boss David Buttress agrees deals and discounts with major UK businesses to form part of Help for Household campaign.  
21/7/2022
Financial Services Bill To Unlock Growth And Investment Across The UK
Legislation to enhance the competitiveness of the UK financial services sector and unlock tens of billions of pounds of investment across the economy was introduced to Parliament on 20 July 2022.   Legislation to enhance the competitiveness of UK financial services and unlock growth and investment across the UK was introduced to Parliament today (20th July).  
21/7/2022
£1 Million In Contracts Awarded To Enhance The Uk's Space CapabilitiesThumbnail for article : £1 Million In Contracts Awarded To Enhance The Uk's Space Capabilities
Secured through the Space to Innovate Campaign - Bravo Drop, five innovative organisations have won funding to develop technologies that enhance the UK's ability to safely operate in space.   £1 million overall funding allocated to five innovative organisations to develop space technologies.  
20/7/2022
Consumer Price Inflation, UK June 2022Thumbnail for article : Consumer Price Inflation, UK June 2022
Main points The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 8.2% in the 12 months to June 2022, up from 7.9% in May.   The largest upward contributions to the annual CPIH inflation rate in June 2022 came from housing and household services (principally from electricity, gas and other fuels, and owner occupiers' housing costs) and transport (principally from motor fuels).  
20/7/2022
Bringing inflation back to the 2% target, no ifs no buts − speech by Andrew Bailey
Andrew Bailey, governor of the Bank of England talks about the impact of four recent shocks on our economy.  These shocks have pushed inflation up, he says, but we will set monetary policy to bring it back down to our target.  
20/7/2022
Phone scams reported to HMRC fall in Scotland
Phone scam reports have fallen by 84 pent cent in Scotland over the last year, new regional data from HM Revenue and Customs (HMRC) has revealed.   In the Scotland, 384 phone scams were reported to HMRC in June this year compared to 2432 in June 2021.  
20/7/2022
Earnings And Employment From Pay As You Earn Real Time Information, UK: July 2022Thumbnail for article : Earnings And Employment From Pay As You Earn Real Time Information, UK: July 2022
Early estimates for June 2022 indicate that the number of payrolled employees rose by 3.0% compared with June 2021, a rise of 874,000 employees.  The number of payrolled employees was up by 1.9% since February 2020, a rise of 561,000.  
20/7/2022
Producer Price Inflation, UK: June 2022 Including Services, April To June 2022Thumbnail for article : Producer Price Inflation, UK: June 2022 Including Services, April To June 2022
Services Producer Price Index (SPPI) Producer price inflation data Glossary Measuring the data Strengths and limitations Related links Print this statistical bulletin Download as PDF 1.Main points Producer input prices rose by 24.0% in the year to June 2022, up from 22.4% in the year to May 2022; this is the highest the rate has been since records began in January 1985.   Producer output (factory gate) prices rose by 16.5% in the year to June 2022, up from 15.8% in the year to May 2022; this is the highest the rate has been since September 1977.  
20/7/2022
Can Food Tariff Cuts Really Put A Dent In Inflation? - A Very Small One Maybe
Why do we have tariffs on bananas? So asked prime minister Boris Johnson last month, first during a 9 June speech in Blackpool and then three weeks later while in Madrid for a Nato summit.   By cutting "food tariffs we don't need", the government could put a dent in what was already the highest consumer price inflation in four decades, Johnson claimed, speaking in the Spanish capital a week-and-a-half before his eventual defenestration.