News Archive
20/10/2024
New air defence laser engages multiple missiles at once
RAF pilots are one step closer to being equipped with a cutting-edge air-protection laser self-protection system, following 100% successful live-fire trials. Air protection laser defeats 100% of targets in live firing trial.20/10/2024
Scottish Economic Insights - October 2024
The Scottish Government has published the monthly Scottish Economic Bulletin. The impacts of the inflation and cost of living shock have been persistent for over two years, leading to sustained higher price levels and higher interest rates.19/10/2024
Caithness Fabrication Firm Gears Up For Big Contracts
A family run engineering fabrication firm in Caithness is investing in a project to improve productivity, grow business turnover and create new jobs. Gow's Lybster Limited has been working with development agency Highlands and Islands Enterprise (HIE) over several years to develop its growth plans.
19/10/2024
Retail Sales Great Britain - September 2024
Retail sales volumes (quantity bought) are estimated to have risen by 0.3% in September 2024, following a rise of 1.0% in August 2024 (unrevised from our last publication). Computers and telecommunications retailers grew strongly but were partly offset by decreases in supermarkets.
19/10/2024
Over £570 Million Stolen By Fraudsters In The First Half Of 2024
UK Finance today releases its Half Year Fraud report, detailing the amount its members reported as stolen through payment fraud and scams in the first half of 2024. Criminals stole £571.7 million through unauthorised and authorised fraud, a 1.5 per cent decrease compared to the first half of 2023.
19/10/2024
Authorised Fraud Push Payment Fraud Reimbursement - New Law
How do banks and other payment service providers reimburse victims of authorised push payment fraud? Authorised push payment (APP) fraud happens when you are tricked by a criminal into sending money by bank payment to an account that they control and which you do not. Rules have been set by the Payment Systems Regulator (PSR), the body that regulates payment systems in the UK - and only apply to payments made on, or after 7 October 2024.
19/10/2024
Trends in UK real GDP per head: 2022 to 2024
The rate of increase in real gross domestic product (GDP) per head has slowed in recent years as the population has increased at a faster rate than the volume of output produced. In Quarter 2 (Apr to June) 2024, real GDP per head was 0.6% below its pre-coronavirus (COVID-19) pandemic level, while total real GDP was 2.9% above its pre-pandemic levels.19/10/2024
Why Uk Population Is Set To Fall Faster Than Forecast
A look at why UK population is set to fall quicker than expected. What will be the impact?.
19/10/2024
7 Reasons Why Uk's Economic Decline Could Be Ending
A look at reasons why some things with the UK economy may improve. But, how convincing are these arguments?.
18/10/2024
Low Carbon Transport Set To Save Households £22 Billion In 2035 - But Policy Changes Are Needed To Ensure That Lower-income Households Get Their Fair Share
Decarbonising Britain's transport will be challenging as it accounts for over a third of all UK emissions. But doing so effectively could save households £22 billion (£650 per household on average, in current prices) in 2035, according to new analysis from the Resolution Foundation published today (Thursday).
18/10/2024
Dingwall And Highland Marts Ltd - Sale 17 October 2024
DINGWALL, Dingwall & Highland Marts Ltd, (October 17th) sold 5,410 breeding and feeding sheep at the annual sale of N.C. Cheviot ewes and gimmers.18/10/2024
Future Of Great British Railways
Secretary of State for Transport outlines next steps for rail reform in Britain during the Derby rail skills event. Good morning everyone and let me start by thanking Derby City Council for organising this event.
18/10/2024
Transition Finance Market Review Launch
Keynote speech by Minister for Industry at the launch event for the Transition Finance Market Review. Thank you Councillor for your warm welcome and for your work as part of this review.
18/10/2024
Badly Timed Inflation Fall Will Hit Millions Of Low-income Families Next Spring
CPI inflation fell to 1.7 per cent in September, down from 2.2 in August, and ahead of a likely jump in October. This otherwise welcome temporary dip is bad timing for millions of low-to-middle income families, as the lower September figure will be used to uprate working-age benefits next Spring, the Resolution Foundation said on Wednesday16 October 2024.18/10/2024
Government Launches British Infrastructure Taskforce
Private finance experts met the Chancellor at No11 Downing Street today to boost investment in infrastructure and drive growth nationwide. Rachel Reeves convened the inaugural meeting of the British Infrastructure Taskforce as part of a new approach that involves government working with business to design policy that will unlock private investment, including by building business confidence in UK infrastructure investments.18/10/2024
Social Security Advisory Committee Says - Winter Fuel Raid Rushed And Ill-conceived
A letter from Social Security Advisory Committee to The Rt Hon Liz Kendall MP Secretary of State for Work and Pension was published yesterday 17 October 2024. It exposes how rushing the cut to Winter Fuel Allowance has many consequences and will not make the savings that chancellor Rachel Reeves hopes to get.18/10/2024
Dingwall And Highland Marts Ltd - Sale 16 October 2024
DINGWALL, Dingwall & Highland Marts Ltd, (October 16th) sold 476 store cattle and 138 OTM cattle Bullocks (278) averaged 304.3p per kg and sold to 475.5p per kg for a 265kg Limousin cross from Shop Farm, Scotscalder and £1,880 gross for a 580kg Limousin cross from Lower Whitebog, Fortrose. Heifers (183) averaged 287.6p per kg and sold to 428.6p per kg for a Limousin cross from Shop Farm, Scotscalder and £2,000 gross for a 640kg Limousin from Lower Whitebog, Fortrose.18/10/2024
Jobs Market Weakness Suggests Brief Era Of Healthy Pay Growth Could End Soon
The continued softening of the jobs market - with quarter-on-quarter growth in payrolled employment falling for the first time since January 2021 – suggests that the UK's brief era of healthy real terms pay growth could end soon, the Resolution Foundation said this week. While ongoing data quality issues mean little can be taken from the headline employment, unemployment and inactivity trends, other data points to a softening of the jobs market.18/10/2024
UK To Support NATO Space Launch Capabilities And Artillery Supplies
Defence Secretary agrees to range of initiatives from boosting ease of access to space and virtual training to developing cutting-edge drones. NATO allies could be set to use Britain's launch vehicles and space ports, following new work that will see the alliance start work to rapidly deploy assets to space.
18/10/2024
