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News Archive
30/6/2023
Geological Disposal Facility (GDF) Report highlights real progress
This latest report published yesterday (29 June 2023) is pertaining to places in England but maybe interest here in the north of Scotland with connections in Caithness at Dounreay. The Geological Disposal Facility (GDF) Report has been published today and sets out significant progress of the programme to deliver a safe and permanent solution for the UK's most radioactive waste.
30/6/2023
UK Exports Enjoyed Steepest Rise Of All G7 Nations In April
ParcelHero has been analysing the latest OECD data and says the UK experienced the steepest monthly rise in exports of any G7 nation in April, up by 5.86%. In contrast, US exports came bottom of the table, down -5.30%.30/6/2023
How Innovation And Regulation In Financial Services Can Drive The Uk's Economic Growth
Speech by Sheldon Mills, Executive Director, Consumers and Competition of the FCA, delivered at the CityUK Annual Conference 19 June 2023. Sheldon was speaking ahead of Royal Assent for the Financial Services and Markets Act which is expected to be granted on 29 June 2023.
30/6/2023
Helping people access cash
The Financial Conduct Authority has updated its advice on access to cash in the UK. We are committed to making sure people can access the cash they need.30/6/2023
How Important Are Defined Contribution Pensions For Financing Retirement?
The demise of traditional defined benefit pension plans (which provide a guaranteed income from retirement to death) and the abolition of near-compulsory annuitisation of defined contribution pensions in 2015 has led to increasing interest. Or even concern, around how people access their defined contribution (DC) pension wealth.
30/6/2023
The Housing Crisis For Low-income Private Renters
Local housing allowance rates - which govern the maximum amount of support for their rent that low-income private renters can get - have been frozen in cash terms since April 2020. Only 1 in 20 private rental properties on Zoopla can be covered by housing benefit.
30/6/2023
FCA Joins Other Regulators To Call On Firms To Help Struggling Customers
The Financial Conduct Authority (FCA) will report on how well the cash savings market is supporting savers to benefit from higher interest rates. We will require the largest banks and building societies to explain the pace and extent of their pass through of interest rates, and how they are proactively supporting customers to switch to high interest rate products that might be suitable.30/6/2023
Tax Planning - How To Match Higher Taxes With Better Taxes
The UK's tax take is rising, and is likely to stay high, but the system is not improving. The UK needs a tax strategy to support its economic strategy, using the tax system to boost shared growth.
29/6/2023
WARNING - Covid Is Still A Mass Killer - But The Government Is Pretending Otherwise
Richard Murphy's Blog shows the numbers from other sites. Take a look and think about how you should be taking precautions again.
29/6/2023
A Different Way Of Working With Business By Scottish Government
Action on regulations and non-domestic rates, as well as closer collaboration with business on government policy, are key recommendations of the New Deal for Business Group, which has submitted its report to the First Minister. The creation of a new independent review board to oversee regulations will be taken forward, in response to requests from business to help government work more closely with industry.29/6/2023
Five Parts Of The Economy That Are Hit When House Prices Fall
UK house price growth is slowing. While prices rose 1.2% compared to last year, this is down on May's 1.9% growth, according to property website Zoopla.
29/6/2023
Scottish Trade Outperforming Other UK Nations
Figures released by the Office for National Statistics (ONS) show Scotland's trading performance as the strongest of the UK nations. The experimental statistics provide estimates of the value of international imports and exports and total trade from 2016 to 2021 from each area of the UK.29/6/2023
Scottish Parliament Passes Charities Regulation Bill
The Scottish Parliament has voted unanimously to pass the Charities (Regulation and Administration) Bill. The Bill will improve the accountability and transparency of charities and increase the powers of the independent Scottish Charity Regulator (OSCR).29/6/2023
Advisory Group On Tax Strategy Set Up By Scottish Government
Leading economists, academics and figures from the private, public and third sectors have joined a new advisory group on tax convened by Deputy First Minister Shona Robison. The Tax Advisory Group, established as part of the Medium-Term Financial Strategy, will discuss the tax system as a whole and identify opportunities for broader public engagement.29/6/2023
Nearly One-in-four Drivers Delay Servicing Or Go DIY As A Result Of Cost-of-living Crisis
Cost-of-living pressures have forced almost a quarter of drivers (23%) to either put off getting their vehicles serviced or do it themselves with or without the help of a friend or family member, a new survey of 2,000 UK drivers by the RAC has found. While 10% have postponed their next car service by up to a year to save money, one-in-20 (5%) have gone further and delayed getting their vehicles checked for more than a year, and are only relying on the annual MOT to ensure their car is roadworthy.
29/6/2023
Youth campaign challenges anti-social behaviour with new approach across Scotland 
Coinciding with the beginning of the school holidays, Fearless - the youth service of charity Crimestoppers - has today launched a new campaign to encourage young people to be safe and make positive choices this summer. In a bold move, the charity has chosen to lead with a ‘pro-social' behaviour stance rather than traditional anti-social behaviour messaging.
29/6/2023
Monthly GDP Estimates For April
Scotland's onshore GDP contracted by 0.5% in April, according to statistics announced by the Chief Statistician. This follows a 0.1% contraction in March 2023 (revised down from a 0.0% change).29/6/2023
Reforms For Post-school Education And Skills
A new national model of public funding for all colleges and universities, as well as apprenticeships and training, will be developed as part of widespread reforms across the education and skills sector. The Scottish Government will also take over responsibility for skills planning, with the new national qualifications body overseeing all publicly funded post school qualifications, except degrees.29/6/2023
Industrial Metaverse Essential For UK Fusion Energy Development
Supercomputing, AI and the Industrial Metaverse will advance the development of UK fusion energy prototype powerplant. Collaboration between the United Kingdom Atomic Energy Authority (UKAEA), Dell Technologies, Intel and the University of Cambridge to advance the development of the UK's prototype fusion powerplant.
29/6/2023
£80 Million Boost To Help Uk Businesses Tackle Carbon Emissions
Businesses across the UK have today received a share of over £80 million government funding to ditch costly fossil fuels for cleaner alternatives. Over £80 million cash boost to help companies cut their carbon footprint, including some of the UK's leading brands funding set to be announced by Energy Minister Graham Stuart at the UK’s Climate Innovation Forum.
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