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News Archive


31/10/2024
2024 Uk Autumn Budget - Fraser Of Ailender Institute Reaction
A big tax-and-spend budget, and a lot more borrowing - but looser fiscal rules bail out the Chancellor This was a big first Budget from Rachel Reeves, and a big rebalancing of Government priorities.  Taxes were raised significantly - by an average of £35bn a year from April onwards - but spending has gone up by significantly more, at an average of £70bn.  
31/10/2024
What impact will the long-awaited Budget have on retail, manufacturing and logistics?
If 2022's mini-Budget created chaos for British businesses by introducing uncosted tax cuts, the same can’t be said for today’s announcements.  A £40bn tax rise means spending has been clearly costed but the ultimate cost to UK businesses remains to be seen, says the UK delivery expert Parcelhero.  
31/10/2024
Taste North Event On Sunday 3 November Biggest YetThumbnail for article : Taste North Event On Sunday 3 November Biggest Yet
An article in the Northern time by Alan Hendry highlights the Taste North festival at Wick High school on Sunday 3 November.   With even more exhibitors and return of a famous chef it is attracting a wider range of small producers.  
31/10/2024
Some Budget Analysis From The Guardian
Five key charts: what will underpin 2024 budget statement by Rachel Reeves?.   tax rises, debt rule changes and promised end to austerity.  
31/10/2024
Autumn Budget 2024: Initial Ifs Response
IFS Director Paul Johnson responds to the overall picture for taxation, spending and the public finances in the Autumn 2024 Budget.   IFS Director Paul Johnson said: "In broad brush strokes, that was the Budget we had been led to expect: big tax rises, more cash for public services, more borrowing and more investment.  
31/10/2024
Economic And Fiscal Outlook - October 2024 - From The Office For Budget Responsibility
The latest update of our forecasts was published on 30 October 2024 in the October 2024 Economic and fiscal outlook.  Read the Executive summary for the key messages of our forecast or the full report on our website.  
31/10/2024
Resolution Foundation - Chancellor Provides £326 Billion Boost To Public Services And Investment, Funded By The Biggest Tax Rises On Record And Higher Borrowing
The Chancellor has set out plans to boost real-terms spending on public services and investment (TDEL) by £326 billion (in current prices) across the next five years, funded in part by the biggest package of tax rises on record, the Resolution Foundation said on Wednesday in its quickfire analysis of the Budget.   In the first ever Budget to be delivered by a female Chancellor, Rachel Reeves sought to take on two key challenges facing Britain: failing public services and weak growth.  
30/10/2024
National Living Wage to increase to £12.21 in April 2025Thumbnail for article : National Living Wage to increase to £12.21 in April 2025
Since 1 April, employees aged 21 and over have been entitled to the National Living Wage.  Previously, you had to be 23 to qualify.  
30/10/2024
Did You Buy A Car, Van, Camper Van Or Motorbike On Finance? Get A Complaint In Asap
Martin Lewis, Money Saving Expert has just put out an important article that may affect anyone who bought vehicles on finance Apr 2007 to 28 Jan 2021.   Back in January, the financial regulator, the Financial Conduct Authority (FCA), launched its huge investigation into car finance mis-selling.  
30/10/2024
Ahead Of The Budget, Immigration, Economy And The Nhs Remain Britons' Top ConcernsThumbnail for article : Ahead Of The Budget, Immigration, Economy And The Nhs Remain Britons' Top Concerns
Immigration, the economy and the NHS remain the biggest issues facing the country, according to the October 2024 Ipsos Issues Index, with concern about immigration and the economy rising further since last month.   Thirty-eight per cent of Britons name immigration as an important issue this month, an increase of six points since September and the highest recorded level since September 2016.  
30/10/2024
What Are The Public's Expectations Of The Budget?
A new Ipsos poll reveals the British public's key concerns and expectations ahead of Chancellor Rachel Reeves' first Budget announcement on October 30th.   A new Ipsos poll reveals the British public's key concerns and expectations ahead of Chancellor Rachel Reeves' first Budget announcement on October 30th.  
30/10/2024
Millions Of Workers Set To Benefit From The Seventh Highest Annual Increase In The Minimum Wage's History
Commenting on reports that the Chancellor is set to announce that the headline rate of the National Living Wage will rise by 6.6 per cent to £12.20 an hour next April.   Nye Cominetti, Principal Economist at the Resolution Foundation, said, "Millions of low earners are set for good news in the Budget when the Chancellor announces the latest inflation-busting rise in the National Living Wage, which is expected to rise by 6.6 per cent to around £12.20 an hour.  
30/10/2024
No Increase in Income Tax Rates But Fiscal Drag Will Bring in more Tax
The previous Conservative Government froze personal allowances until 27/28.   It looks likely that Rachel Reeves will not change that and therefor automatically more tax will be taken in due what is now called Fiscal Drag.  
30/10/2024
The Army Gives The Lessons As STEM Comes To Salisbury Plain
Hundreds of Army cadets will try their hand at solving military-base challenges with STEM during their October half term.   Nearly 290 cadets are competing in STEM based challenges supported by 10 different Army units throughout half-term week.  
30/10/2024
Pay Boost For Millions Of Workers Next Year
Chancellor announces pay rise for over 3 million workers next year, as National Living Wage rises by 6.7%.   Chancellor announces pay rise for over 3 million workers next year, as National Living Wage rises by 6.7%.  
30/10/2024
Chancellor: "We Will Build A Britain Where Those Who Can Work, Will Work"
Ahead of Budget today 30 October 2024, the Chancellor pledges work and welfare overhaul so people who can work, do work.   £240 million Get Britain Working package to include work, skills and health support for disabled people and long-term sick.  
30/10/2024
New Funding To Kickstart Delivery Of Two Million Extra NHS Appointments In England
Chancellor confirms the NHS will receive funding needed to deliver extra 40,000 elective appointments per week.   Chancellor and Health Secretary confirm funding plans to increase elective appointments ahead of the Budget on Wednesday.  
30/10/2024
Scottish Monthly Gdp Estimates For August
Scotland's onshore GDP contracted by 0.3% in August 2024, according to statistics announced by the Chief Statistician.  This follows revised growth of 0.5% in July 2024.  
29/10/2024
Heating Oil Security Reminder
Residents in rural areas are reminded to review the security of their heating oil tanks following several thefts in the Huntly area.   Heating oil tanks have the potential to store thousands of pounds worth of fuel and are often located in remote areas - this can make them an attractive target for thieves.