News Archive
19/9/2024
New Fund Announced To Support Growth In Life Sciences Sector
Up to 50% match funding grants of between £25,000 and £75,000 to help companies accelerate their growth plans. Life sciences businesses in the Highlands and Islands that are looking to invest in capital growth projects will be able to apply for support through a new fund announced today (18 September).
19/9/2024
US Interest Rates - the first cut is the deepest
The Fed cut interest rates to 4.75-5.00%. The cut is the first in four years after holding rates at a 20 year high for a year.19/9/2024
Keeping The Promise to care-experienced young people
Progress made towards ‘Keeping the Promise' by 2030 has been set out in a new report. The Promise is the outcome of the Independent Care Review and is a commitment to bring about the necessary changes to ensure all care-experienced children in Scotland grow up loved, safe and respected, with the ability to reach their full potential.19/9/2024
Russia's Illegal War Continues To Be A Military Disaster - UK Statement To The Osce
UK military advisor, Nicholas Aucott, says Russia's illegal war suffers further setbacks as casualties mount, and it loses its first submarine in combat since the second world war. Thank you, Mr Chair.19/9/2024
Frameworks For Effective Fraud Prevention Measures
Speech by Andrea Bowe, director of the specialist directorate, at the Westminster Legal Policy Forum Keynote Seminar. Introduction Stephen Bush, a columnist for the Financial Times, recently wrote about the reason we have a visceral reaction to being defrauded.
19/9/2024
New FCA Rules To Protect Access To Cash Already Having An Impact
New rules from the Financial Conduct Authority to protect access to cash have come into force and are already having a positive impact in local communities. Since the rules were confirmed in July, LINK, which manages the UK's cash access and ATM network, has reassessed the needs of local areas where banking services are changing.19/9/2024
Scottish Secretary Responds To GDP For June 2024 And Q2, 2024
Ian Murray underlines government mission for growth, with Scotland playing a critical part in rebuilding UK economy. Scottish Secretary Ian Murray said, "Scotland is critical in the UK Government's mission for economic growth, as the Chancellor underlines today in Glasgow where she'll meet with key members of the business community to turbocharge Scotland’s regeneration.
19/9/2024
Crack Down On Late Payments In Major Support Package For Small Businesses
New package of measures aimed at tackling scourge of late payments. New Fair Payment Code and fresh rules on company reporting and major consultation unveiled as part of package to tackle late payments.19/9/2024
FCA Publishes Update On Cash Savings Market And Fair Value
The average interest paid on easy access savings accounts rose to 2.11% in June 2024, up from 1.66% in July 2023 when we published our review. We estimate savers are £4bn a year better off from higher interest rates as a result.18/9/2024
Scottish Government Considers Merging Desktop And Mobile Device Deals Into £200m Framework
The Scottish Government is considering merging two existing frameworks for the provision of mobile and desktop devices to create a single £200m commercial vehicle. The government currently has two separate agreements in place: a £125m agreement for mobile devices; and a £75m engagement for desktop machines.18/9/2024
UK Poultry Imports Return To The Philippines
The British Embassy is celebrating a significant milestone in UK-Philippine trade relations: the return of UK poultry imports to the Philippines. The British Ambassador to the Philippines hosted a networking reception at her residence on September 17, celebrating a significant milestone in UK-Philippine trade relations: the return of UK poultry imports to the Philippines after a three-year ban due to highly pathogenic avian influenza (HPAI).
18/9/2024
Freebies For Prime Ministers Like Winning The Lottery Every Week
The press are having a field day with more and more revelations about what freebie and gifts are given to top politicians. Keir Starmer has declared more free tickets and gifts than other major party leaders in recent times, with his total now topping £100,000 after recent support for his lifestyle from Labour donor Waheed Alli.18/9/2024
Marine Planning Zone Consultation - Views Sought On Planning Gap For Fish And Shellfish Farms
Plans to extend marine planning zones have been put out to public consultation. Fish and shellfish farms require planning permission out to twelve nautical miles, however local authority responsibilities for planning controls currently only extend to three nautical miles.
18/9/2024
UK CPI - Air Fares Drive Inflationary Lift Off
Annualised inflation came in at 2.2% in August unchanged from the 2.2% reported in July. Annualised inflation was forecast to come in at 2.2% (Trading Economics).18/9/2024
Producer Price Inflation UK - August 2024
Producer input prices fell by 1.2% in the year to August 2024, down from a revised increase of 0.2% in the year to July 2024. Producer output (factory gate) prices rose by 0.2% in the year to August 2024, down from an increase of 0.8% in the year to July 2024.
18/9/2024
UK House Price Index for July 2024
The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland. On average, house prices have risen 0.6% since June 2024 there has been an annual price rise of 2.2% which makes the average property in the UK valued at £289,000.18/9/2024
Live At 7.30pm The Federal Reserve Announced half percent drop in interest rate
Main announcement - Interest Rate Reduced by half a percent Watch Fed Res announcement live on 18 September. Bank of England announcement on 19 September.
18/9/2024
UK Commits To Bolstering European Security As Foreign Secretary Visits Norwegian Military Command
Foreign Secretary travels to Norway to strengthen defence and security cooperation. the Foreign Secretary will visit Norwegian Joint Headquarters with Norway's Foreign Minister Espen Barth Eide to discuss deepening UK-Norway security collaboration.
18/9/2024
Consumer Price Inflation UK - August 2024 - Inflation Steady At 2.2%
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.1% in the 12 months to August 2024, unchanged from July. On a monthly basis, CPIH rose by 0.4% in August 2024, the same rate as in August 2023.
18/9/2024
