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News Archive


24/3/2023
Poverty Levels Broadly Stable - Poverty Levels Broadly Stable
The latest poverty statistics, covering the period to March 2022, show little recent change in poverty levels for children, working-age adults and pensioners.   Two out of the four child poverty measures in the Child Poverty (Scotland) Act (relative and absolute poverty) are broadly stable.  
24/3/2023
Crack Your Easter Childcare Costs With Tax-free Top Ups 
With the Easter school holidays nearly here, HM Revenue and Customs (HMRC) is reminding families in Scotland not to miss out on UK Government help to pay for childcare.   Tax-Free Childcare can pay for any approved childcare for children aged 11 or under, or 16 if the child has a disability.  
24/3/2023
Bank Hands Are Tied
Jo Thorne of Wealth club comments on the latest interest rate rise.   Rates rise 0.25% to 4.25%.  
24/3/2023
Supporting Scotland's Small Producers - New Fund To Help Grow Local Supply Chains
Small scale producers are set to have access to a range of new support designed to create more localised supply chains and cut food miles.   The Scottish Government's Small Producers Pilot Fund aims to help individual small producers increase their resilience and enhance their contribution to the rural economy.  
24/3/2023
New UK Law To Boost Seafarer PayThumbnail for article : New UK Law To Boost Seafarer Pay
The new law is designed to protect those working on vessels operating an international service from being paid less than the National Minimum Wage.   act designed to boost the pay of seafarers with close ties to the UK receives Royal Assent, as government continues to crack down on unfair practices.  
24/3/2023
Sellafield robotics: Using spot more for spotless nuclear clean-upThumbnail for article : Sellafield robotics: Using spot more for spotless nuclear clean-up
Spot the dog and its fellow robots are transforming the future of clean-up work at Sellafield.   Spot the dog has become a regular feature at Sellafield and a great mascot for the range of robotic tools and innovations that are transforming the way we work.  
24/3/2023
New Compensation Scheme Opens For Postmasters Who Exposed Horizon Scandal
Postmasters who first took High Court legal action against Post Office over the Horizon IT system and exposed the scandal can now apply to a new compensation scheme.   New scheme will make sure these postmasters receive full and fair compensation.  
24/3/2023
Why Mortgage Rates Will Not Return To Recent Lows Any Time SoonThumbnail for article : Why Mortgage Rates Will Not Return To Recent Lows Any Time Soon
The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023.  More than 4 million UK households now have significantly higher mortgage costs as a result, while also dealing with the impact of soaring prices for other items such as food and energy.  
24/3/2023
UKAEA And Kyoto Fusioneering To Advance Fusion MaterialsThumbnail for article : UKAEA And Kyoto Fusioneering To Advance Fusion Materials
Collaboration agreement signed by UKAEA and Kyoto Fusioneering to advance materials for commercial fusion energy.   Japanese fusion company, Kyoto Fusioneering (KF) and the United Kingdom Atomic Energy Authority (UKAEA) have signed a collaboration agreement to develop fusion related technologies.  
24/3/2023
Retail sales, Great Britain: February 2023Thumbnail for article : Retail sales, Great Britain: February 2023
Retail sales volumes are estimated to have increased by 1.2% in February 2023, following a rise of 0.9% in January 2023 (revised from a rise of 0.5%); when compared with the same month a year earlier sales volumes fell by 3.5%.   Looking at the broader picture, sales volumes fell by 0.3% in the three months to February 2023 when compared with the previous three months.  
24/3/2023
HMRC Late Payment Interest Rates To Be Revised After Bank Of England Increases Base Rate
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 4.25%.   The Bank of England Monetary Policy Committee announced on 23 March 2023 to increase the Bank of England base rate to 4.25% from 4%.  
24/3/2023
February retail figures - shoppers seek a bargain
The office for National Statistics has reported retail sales figures in Great Britain for February.   Retail sales volumes are estimated to have increased by 1.2% in February 2023 following a revised rise of 0.9% in January.  
24/3/2023
As Sales Soar, It's Good News At Last For High Street And Online Retailers, Says Parcelhero
Today's ONS retail figures saw sales volumes climb by 1.2% in February and the amount shoppers spent rise by 1.6%.  Online sellers also grabbed their share of the action, with e-commerce spending climbing 2.6%.  
23/3/2023
Public Invited To View Plans For Wick High Street
The Highland Council will hold a drop-in session at the end of the month to share the design for the pedestrian zone in the High Street and the Bridge Street/High Street junction, part of the wider regeneration of Wick town centre.   The purpose of the session is to share more detail so the Council can finalise the design, secure a funding stream and move on to preparing tender documents and the construction phase.  
23/3/2023
NHS Pay Rise Delivered In April For Scotland
Healthcare staff will begin to benefit from largest overall investment in Agenda for Change pay in a single year from next month, following unions' unanimous agreement.   160,000 NHS staff - including nurses, midwives, paramedics, allied health professionals, porters and others – will receive an average 6.5% increase in pay in 2023-24.  
23/3/2023
Public Sector Pay Strategy Published
The framework for public sector pay increases in 2023-24 has been published, recognising the volatility of economic conditions while balancing the need for sustainable public services.   The new Public Sector Pay Strategy recommends public sector workers receive an increase of 3.5%, in line with the UK Government's recommended pay rise for the public sector.  
23/3/2023
The Ferry Fiasco Continues For Scottish Government - 5 Years Late And A Spiralling Budget OverrunThumbnail for article : The Ferry Fiasco Continues For Scottish Government - 5 Years Late And A Spiralling Budget Overrun
The people of Scotland and island communities have been badly let down, says Holyrood's Public Audit Committee in a report published today which exposes a ferry fiasco riddled with failures in governance, transparency, accountability, communication and record-keeping.   The cost is now approaching £500 million and some commentators have pointed out that at least 20 ferries of similar capacity could have been purchased from established Norwegian companies for that sum.  
23/3/2023
How Sustainable Are Scottish Tax And Spending Policies?Thumbnail for article : How Sustainable Are Scottish Tax And Spending Policies?
Analysis from The Fraser of Allender Institute looking at - The Scottish Fiscal Commission have today published their first Fiscal Sustainability Report.   This is a very different analysis to their regular forecasts for the Scottish Economy, tax receipts and social security payments.  
23/3/2023
FOOD WORKERS SUPPLYING TESCO, SAINSBURY'S AND WAITROSE HEAD TO PARLIAMENT AFTER 1,000 HIT WITH FIRE AND REHIRE THREAT
The GMB Union have reported - Food workers supplying Tesco, Sainsbury's and Waitrose are heading to Parliament after 1,000 workers were hit with a fire and rehire threat.   Pilgrims Food Masters, which also supplies Aldi and Morrisons, has told workers they will be sacked and reemployed on worse terms and conditions - including no paid breaks, reduced sick pay and the removal of Diwali holiday pay.  
23/3/2023
American Interest Rate Rises Another Quarter Percent To 5%
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.  In support of these goals, the Committee decided to raise the target range for the federal funds rate to 4-3/4 to 5 percent.