News Archive
9/11/2024
Major Gaps In Childcare Support Leave Parents In Further Education With No Guaranteed Help
Spending on childcare has increased by 41 per cent over the past decade, boosting support for working parents. But major gaps in support mean that parents in education are missing out, with a parent studying in Further Education (FE) in England receiving no guaranteed support, according to new research published today (Saturday 9 November 2024) by the Resolution Foundation.8/11/2024
UK Strikes At Heart Of Putin's War Machine With New Sanctions
The UK has today announced a wave of new sanctions against Russia's military industrial complex and Russian-backed mercenary groups. the UK announces 56 new sanctions in its largest sanctions package against Russia since May 2023.8/11/2024
English Tuition Fees Rise - But It's Nowhere Near Enough Income To Solve Universities' Financial Crisis
UK education secretary Bridget Phillipson has announced that university tuition fees in England are set to rise next academic year, with the maximum fee increasing by £285 to £9,535. This will be the first increase in university education for domestic undergraduate students since 2017, when fees were raised to £9,250.
8/11/2024
HMRC Late Payment Interest Rates To Be Revised After Bank Of England Lowers Base Rate
HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.75%. The Bank of England Monetary Policy Committee announced on 7 November 2024 to reduce the Bank of England base rate to 4.75% from 5.0%.8/11/2024
US Interest Rates: Fed plays it safe, but there could be trouble ahead
The Fed cut interest rates to 4.50-4.75%. 0.25% rate cut is in line with expectations following a 0.5% cut in September.8/11/2024
Highland Visitor Levy On The Agenda Of The Economy And Infrastructure Committee
On Thursday (14 November) the Economy & Infrastructure Committee will consider a report on a potential Visitor Levy for Highland. This report sets out a proposed outline of how the scheme would operate and seeks members approval to undertake a public statutory consultation.8/11/2024
New failure to prevent fraud guidance published
New corporate criminal offence will hold large organisations to account if they profit from fraud. on 6 November the government published guidance that will provide organisations with important advice on the new corporate criminal offence of ‘failure to prevent fraud', helping make sure they are taking action to prevent fraud.8/11/2024
Largest Intake Of Young Workers At Sellafield's Warrington Office
Sellafield Ltd's Warrington office welcomes its largest apprentice and graduate cohort. The Sellafield Ltd Warrington office, at Hinton House, is bustling with new starters, when it welcomed 22 new degree apprentices and 48 graduates through its doors.8/11/2024
Ensuring Trust In AI To Unlock £6.5 Billion Over Next Decade
UK's market for ensuring trustworthy AI systems is poised to grow six-fold over the next decade, as UK also signs AI safety agreement with Singapore. UK's AI assurance market set to grow six-fold by 2035 unlocking more than £6.5 billion.
8/11/2024
What Counts As National Debt And Assets Now? Here's How To Understand The Uk's Redefined Fiscal Rules
Governments set rules that we, as citizens, must follow - laws with clear consequences for non-compliance. But they also set rules for themselves, and these can be flexible when convenient.8/11/2024
Media Minister Launches Forum To Advise On The Future Of Uk Television
Forum will be chaired by Media Minister, Stephanie Peacock MP, and bring together representatives from TV industry and audience groups. Move comes as DCMS publishes new research showing some households risk being excluded from shift towards online TV consumption.8/11/2024
UK Interest Rates Cut - Here's The Outlook For Property Owners And Home Buyers After The Budget
The main thrusts of the UK government's budget in October 2024 was more borrowing, more tax and more spending. And within those broad goals lie substantial implications for the housing market.8/11/2024
Fraud Crackdown As Government Provides Funding To Serious Fraud Office
New asset confiscation enforcement team and upgrade to SFO's disclosure technology outlined in the budget in a bid to crackdown on fraud says Attorney General. Serious Fraud Office to receive additional funding to create a new team to improve ability to seize assets and returns to taxpayers and upgrade disclosure capabilities.7/11/2024
Seven-year Sanction For Middlesbrough Electrician Who Abused Covid Loans
Self-employed electrician abused Government's Covid support scheme. Shaun David Dixon claimed two separate Bounce Back Loans in two consecutive months.7/11/2024
£32m For Four Independent Social And Economic Research Centres
This investment will go to four independent research centres funded by UKRI and ESRC to address a variety of important social and economic topics. This includes a new centre that will focus on mitigating the effects of, and finding solutions to, the health impacts of the climate crisis.7/11/2024
Hemp Licence Burdens To Be Cut Back To Help Grow UK Economy
Hemp to be made easier for farmers to grow as licence burdens reformed. Reforms to current hemp licence regulations are set to be introduced, making it easier for regulated farmers to grow the crop and maximise its economic potential.
7/11/2024
SAE Working With Biggest Names In Sector Towards Delivery Of The Next Phase Of The Meygen Project
Further to the announcement by Proteus Marine Renewables (PMR) that it has signed an MoU with SKF Marine and GE Vernova's Power Conversion business (the "Alliance"). This sets out a framework for the supply of tidal turbine generation systems (TTGS) to developers of tidal arrays for commercial, multi-megawatt tidal stream projects.7/11/2024
Tidal Power Has Potential To Address Energy Challenges Faced By Scottish Coastal Communities
A more creative approach to using power generated locally by tidal energy projects could help businesses and homes around Scotland's coastline become less reliant on expensive and polluting oil and diesel sources of power. This should remove the need to wait for greater grid capacity, according to a new study.
7/11/2024
How The Trump Presidency Might Change The Global Economy
Donald Trump's victory in the 2024 election - and his threat to impose tariffs on all imports to the United States - highlights an important problem for the global economy. The US is a technological powerhouse, spending more than any other country on research and development and winning more Nobel prizes in the last five years than every other country combined.
7/11/2024
