News Archive
2/5/2024
Scottish Secretary Reacts To GDP Figures For February 2024
Alister Jack reaffirms UK Government's goal to achieve long-term growth with more than £3bn invested directly across Scotland to boost business and prosperity. Latest figures published this morning, 1 May 2024, show Scotland's onshore GDP is estimated to have fallen by 0.3% in February 2024.2/5/2024
UK Announces Steps To Provide More Consumer Choice Through Overseas Funds Regime
The new regime will support greater competition in the sector and more choice to consumers, supporting industry growth. The new Overseas Funds Regime (OFR) will give investors more certainty, replacing current transitional arrangements with more permanent access to funds.
2/5/2024
First Phase Of Detentions Underway For Rwanda Relocations
The first illegal migrants set to be removed to Rwanda have now been detained, following a series of nationwide operations this week. Operational teams within the Home Office have been working at pace to safely and swiftly detain individuals in scope for relocation to Rwanda, with more activity due to be carried out in the coming weeks.
2/5/2024
Monthly GDP Estimates For February - Scotland
Scotland's onshore GDP contracted by 0.3% in February 2024, according to statistics announced by the Chief Statistician. This follows unrevised growth of 0.6% in January 2024.2/5/2024
UK Government Debt And Deficit - December 2023
UK general government gross debt was £2,720.8 billion at the end of Quarter 4 (Oct to Dec) 2023, equivalent to 101.3% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £40.8 billion in Quarter 4 2023, equivalent to 6.0% of GDP.
2/5/2024
Scottish Firms Win In First UK Export Finance Deal For Oil And Gas Decommissioning
The UK's export credit agency has completed its first transaction in support of overseas offshore oil and gas decommissioning. $7.5 million UKEF loan guarantee allows Brazilian firm Ocyan to secure cutting-edge equipment from Scottish company Maritime Developments Ltd.
2/5/2024
Technology Is Rapidly Changing How We Communicate, And Amplifying The Spread Of Mis And Disinformation - UK Statement At The UN
Statement by UK Spokesperson to the UN Mungo Woodifield at the UN Committee on Information General Debate. Thank you Chair, and I would also like to thank the secretariat and commend Under-Secretary-General Fleming and the Department of Global Communications for its work, including on the Global Principles for Information Integrity.
2/5/2024
Act Now To Claim Dormant Funds Held By The Court Funds Office England And Wales 1 Month To Go!
Don't lose your opportunity to claim Unclaimed Court Money. The rules are changing and only 1 month remains to claim funds that have been held for 30 years or more.
2/5/2024
£1.8 Million Boost For Innovation To Decarbonise Freight
The Freight Innovation Fund is supporting businesses to innovate and back skilled UK jobs. businesses to bid for a share of £1.8 million to make freight cleaner, more sustainable and more efficient.
1/5/2024
New Timetable To Deliver Improvements For Communities Across Scotland
A new timetable to be introduced by ScotRail on Sunday, 2 June will see improvements for customers throughout the country, helping to ensure rail remains one of the easiest and sustainable ways to travel. There will be almost 100 additional services each weekday, including trains to new stations at Cameron Bridge and Leven, which form part of the reopening of the Levenmouth rail link.
1/5/2024
Adult Membership Of Credit Unions Is Increasing And Members Taking Out More Loans
The latest information from the Bank of England shows that adult membership of credit unions across the UK is increasing. The total number of adult members has been steadily increasing.
1/5/2024
Why Monopolies Are Harmful - Richard Murphy
Monopolies exist when one or a very few companies or organizations control a market and can exploit consumers as a result. The modern economy is riddled with monopolies, many of which are very powerful.
1/5/2024
Heat Pump Ready Programme - Stream 2 Wave 2 projects
The Heat Pump Ready Programme Stream 2 Wave 2 competition supports applied research and development projects, focused on driving down the lifetime costs of domestic heat pump deployment. The aims are to improve the domestic consumer experience and acceptability of heat pumps through technology, tools, business model and process innovation.1/5/2024
A Consultation On Replacing The UK Government's Industrial Injuries Scheme In Scotland
A consultation on replacing the UK Government's Industrial Injuries Scheme in Scotland has been launched. Views are sought on how the Scottish Government's planned Employment Injury Assistance should be delivered and on the next steps for introducing this benefit.1/5/2024
Closing Door To Immigrant Students Families Resulted In 80 Percent Drop
Strong action taken by the Home Secretary to transform the UK's immigration system and cut unsustainable and unfair levels of migration is delivering, new data published today shows. The number of dependants accompanying students to the UK has drastically fallen by almost 80%, with more than 26,000 fewer student visa applications made from January to March 2024 compared to the same period in 2023.
1/5/2024
Dingwall And Highland Marts Ltd - Sale 30 April 2024
DINGWALL, Dingwall & Highland Marts Ltd., (April 30th) sold 13 Prime Cattle. Prime Bullocks (11) averaged 296.26p per kg and sold to 306.0p per kg and £1,932.25 gross.1/5/2024
Time To Renew For Tax Credits Customers
Around 730,000 tax credits customers will start receiving their annual renewal notices from this week. HM Revenue and Customs (HMRC) said tax credits claimants will receive them between 2 May and 19 June 2024.1/5/2024
Will Local Government Pick Up The Tab For Increased Defence Spending?
The article published on the LocalGov web site on 30 April 2024 looks at the affect of an increase in defence spending from an English perspective u there may well be knock on effects for Scottish councils Cllr Graham Chapman, vice-chair of the Special Interest Group of Municipal Authorities (SIGOMA), looks at what the PM's announcement of an increase in defence spending means for local authorities. It is clear that last week's sudden announcement of a ‘substantial' increase in defence spending is not a well thought-through proposition.1/5/2024
Defence Sector Continues Contributing Significantly To UK Economy
The Joint Economic Data Hub (JEDHub) report shows growth in Defence sector employment, recruitment and revenue. The Joint Economic Data Hub (JEDHub) report shows growth in Defence sector employment, recruitment and revenue.1/5/2024
