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News Archive


3/2/2025
Possible Affects of the Tariff War on UK Inflation and Interest Rates
The recent tariffs imposed by the United States on goods from Mexico, Canada, and China could potentially affect UK inflation.  While the direct impact on the UK might be limited, the broader implications of these tariffs on global trade and economic stability could still have repercussions.  
3/2/2025
Damaging Trade War Begins - 25% TariffsThumbnail for article : Damaging Trade War Begins - 25% Tariffs
25% tariffs on Mexico and Canada threatens the North American economy.   A look at impact on all three economies.  
3/2/2025
The Arguments for and Against Tariffs in Brief
Tariffs are a complex and often controversial economic tool used by governments to manage trade.  Here are some of the main arguments for and against tariffs: Arguments For Tariffs Protecting Domestic Industries: Tariffs can help protect emerging or struggling domestic industries from foreign competition by making imported goods more expensive, giving local businesses a better chance to grow and compete.  
3/2/2025
Will UK Be Affected By The Trade War
The recent tariffs imposed by the United States on goods from Mexico, Canada, and China could indirectly affect prices in the UK.  Here are some key products that might see price changes: Crude Oil and Gas: Canada supplies around 60% of US crude oil imports, and Mexico contributes about 10%.  
3/2/2025
What is and isn't on Canada's first round of tariffs targets against the U.S.Thumbnail for article : What is and isn't on Canada's first round of tariffs targets against the U.S.
Prime Minister Justin Trudeau announced Canada will hit back against the US with tariffs on $155 billion worth of American goods in the coming days.   To start, Canada will slap 25 per cent tariffs on $30 billion worth of a far-reaching list of American goods coming into Canada as of Tuesday..  
3/2/2025
Scottish Government boosts NHS spending - and holds £350 million in reserve
In-year top-ups mean big increases in Scottish NHS spending this year - but that means plans for 2025-26 now look relatively less generous.   After setting its initial spending plans for a given fiscal year before it starts.  
3/2/2025
Urgent need to learn lessons from expensive energy support packages: better design could have saved £4.5 billion
Energy support packages significantly alleviated household losses, but they were poorly targeted and encouraged overuse of energy.   Between October 2022 and March 2023, as energy prices surged, the government spent £35 billion (more than 1% of annual GDP) on two schemes to support households.  
3/2/2025
North East Scotland leading the way on energy transitionThumbnail for article : North East Scotland leading the way on energy transition
Scotland Office Minister's visit to focus on clean energy.   Recently launched Skills Passport allowing workers more flexibility to move between sectors.  
3/2/2025
Share of 25- to 34-year-olds living with parents up by over a third since the mid 2000sThumbnail for article : Share of 25- to 34-year-olds living with parents up by over a third since the mid 2000s
The rise in people living with their parents has been concentrated among those in their late 20s and varies substantially by ethnicity.   Between 2006 and 2024, the proportion of 25- to 34-year-olds living with their parents increased from 13% to 18%, hitting a peak of 21% during the COVID-19 pandemic before falling back slightly.  
3/2/2025
Dunoon scuba diving business to enhance offering and create jobs
A dive charter company in Argyll is reducing costs and carbon emissions, while improving their customer experience, increasing turnover and creating new jobs.   Dunoon based Wreckspeditions Dive Charters Limited offers scuba diving charters in the Firth of Clyde for divers all around the UK and further afield.  
3/2/2025
Prime Minister to hold defence and security talks with European partners
Europe must double down on its efforts to crush Putin's war machine as Russia's economy shows signs of weakening, the Prime Minister will warn today [Monday 3 February2025].   Prime Minister to call on European countries to continue bearing down on Putin in the face of the struggling Russian economy.  
3/2/2025
Live Updates From CNN - The latest on Trump's presidency as tariffs on Canada, Mexico and China loomThumbnail for article : Live Updates From CNN - The latest on Trump's presidency as tariffs on Canada, Mexico and China loom
Things move quite fast today with stock markets slumping all around the world.   Americans getting ready to pay higher prices for some foods cars and at the gas pumps in coming months.  
3/2/2025
£16 million for new projects to boost UK benefits of satellite constellationsThumbnail for article : £16 million for new projects to boost UK benefits of satellite constellations
Two innovative projects are awarded a share of £16 million from the UK Space Agency today (3 February 2025) to position the UK at the forefront of the latest advancements in satellite communications.   The funding will enable UK industry to capture a greater portion of the satellite mega-constellation market by developing technology that improves their efficiency and capability.  
3/2/2025
What are tariffs, which countries is Trump targeting and will prices rise?
Donald Trump imposed tariffs on goods from Mexico, Canada and China over the weekend.   The US president said tariffs are needed to "protect" Americans from the "major threat of illegal aliens and deadly drugs", including fentanyl.  
3/2/2025
"Trump Will MELT DOWN When He Realizes This" - Richard Wolff's Dire WarningThumbnail for article :
Richard D.  Wolff is an American economist and professor emeritus at the University of Massachusetts Amherst.  
3/2/2025
Richard Wolff - Trump's tariffs will make inflation EXPLODEThumbnail for article : Richard Wolff - Trump's tariffs will make inflation EXPLODE
Trump wants to slap tariffs on China and other countries.   What are tariffs? How will they affect your wallet? Dr.  
2/2/2025
New controls on sheep and goat products to protect against peste des petits ruminants (PPR)
Strict new controls suspending personal imports of certain sheep and goat commodities, such as meat, cheese and milk products, have been announced.   Strict new controls suspending personal imports of certain sheep and goat commodities, such as meat, cheese and milk products, are in force to safeguard Britain's sheep and goat populations from outbreaks of peste des petits ruminants (PPR).  
2/2/2025
Trump is a threat to developing countries who owe their debts in dollarsThumbnail for article : Trump is a threat to developing countries who owe their debts in dollars
The world's developing countries mainly owe their debts in dollars.   Trump is, however, making it harder for them to earn dollars, and is trying to inflate the dollar’s value.  
2/2/2025
Government of Canada announces next steps in its response plan to unjustified U.S. tariffs
Department of Finance Canada has issued the following statement.   Canada will not stand by as the United States imposes unjustified and unreasonable tariffs on Canadian goods.  
New Estate Agency In Caithness - No Sale No FeeThumbnail for article : New Estate Agency In Caithness - No Sale No Fee
An estate agent offering best value has opened in Caithness.   Crawford and Coghill is tucked away near Wick Harbour next to Wick Heritage Centre.