News Archive

19/2/2026

£8.3bn fall in goods exports means UK's annual trade figures flatter to deceive

At £923.3bn, the UK's total export results for 2025 seem healthy at first glance, representing a 3.5% increase over 2024.  But UK goods exports were only £377.5bn, down -2.2%.  

19/2/2026

UK medical device testing hits record high as MHRA backs growth in brain and AI technology

Patients benefit from earlier access to technologies that could improve or save lives, as the MHRA approved 17 per cent more clinical investigations in 2025 compared with 2024, and launches measures to support innovation and growth.   UK patients could be among the first in the world to benefit from breakthrough medical devices, as clinical investigations reach their highest level on record in 2025.  

19/2/2026

Investing in the Mossmorran workforce

Deputy First Minister Kate Forbes has announced that workers facing redundancy from ExxonMobil's Fife Ethylene Plant in Mossmorran will receive tailored support to help them find new jobs.   The Scottish Government-funded initiative, delivered by Fife College, will see both direct employees and contractors receive individual assessments of their training needs.  

19/2/2026

Double good news as big fall in January CPI signals rapid return to ‘normal' inflation

CPI inflation fell in January, dropping by 0.4 percentage points compared with December to reach 3.0 per cent.  This is the largest fall since September 2024 and should now settle back around the 2 per cent target in the coming months for the first time since before the pandemic, the Resolution Foundation said on Wednesday 18 February 2026.  

19/2/2026

Minimal changes since the Budget means the Spring forecast will be a low-key event, but economic policy should not stand still

With no big changes expected in the fiscal forecasts on 3rd March, the Government's priority should be to minimise policy uncertainty and double-down on boosting growth, the Resolution Foundation said today (Thursday).   New analysis published by the Foundation today estimates that in the three months since the Budget, news on the economy has been small and offsetting.  

18/2/2026

 
Consumer Price Inflation UK: January 2026 Fall To 3%

UK CPI (Consumer Prices Index) rose by 3.0% in the 12 months to January 2026, down from 3.4% in December 2025.   This is the lowest annual CPI inflation rate since March 2025.  

18/2/2026

Youth Employment in Scotland: A Different Picture from the UK Crisis

Scotland's overall job market is relatively stronger than the UK average, with lower unemployment for all ages and reasonably high employment rates.   Youth unemployment in Scotland is lower than the UK average, with past estimates showing roughly ~10-11% for 16–24-year-olds — notably less severe than recent UK youth joblessness figures near ~14–16%.  

18/2/2026

Waiting for Cheaper Mortgages: How Falling Inflation Is Shaping UK Interest Rate Expectations and Home-Buyer Behaviour

The latest inflation data from the Office for National Statistics (ONS) has strengthened the sense that the UK economy is moving into a new phase—one defined less by runaway prices and more by cautious optimism.   With consumer price inflation easing to 3.0% in January 2026, its lowest level in almost a year, attention has rapidly shifted from inflation itself to what comes next: interest rates, and crucially, how households especially prospective home buyers are responding in anticipation.  

18/2/2026

Gender pay gap means women effectively work for free for 47 days a year

New TUC analysis published recently (Sunday) revealed that the average woman effectively works for 47 days of the year for free and only starts earning from today compared to the average man.   New TUC analysis reveals the earnings gulf between women and men leaves women making over £2,548 a year less than men on average.  

18/2/2026

Rearming Europe: Will "Buy European" Defence Plans Trigger a Transatlantic Trade Row?

A recent report by Royal United Services Institute (RUSI) has put a stark figure on Europe's new defence ambitions: up to €650 billion in rearmament capital over the next four years, channelled through the Security Action for Europe (SAFE) mechanism.   At the heart of the proposal is a controversial idea — a "Buy European" mandate that explicitly prioritises the European Defence Industrial Strategy (EDIS).  

18/2/2026

Producer price inflation UK: January 2026

Input Prices (Costs to Manufacturers) Annual change: -0.2% in the year to January 2026, down from a rise in December 2025.   This indicates manufacturers paid less for materials and fuels overall compared with a year ago.  

18/2/2026

 
Martin Lewis' Credit Card Warning: when 1p costs as much as £1,000...

Is the message in the video true? Yes and Here's why.   The video features Martin Lewis explaining a common misunderstanding about credit cards: If you spend £1,000 on a credit card and repay £999.99, you don’t pay interest on the missing penny you pay interest on the entire £1,000.  

18/2/2026

Is the UK Facing a Youth Jobs Crisis?

Yes there is a strong signal that young people in the UK are struggling more in the labour market than usual.   According to the latest figures, the youth unemployment rate (among 16 to 24-year-olds) has climbed sharply and recently hit around 16.1%, its highest level outside the COVID-19 period in more than a decade.  

18/2/2026

Round-the-clock mental health support in Scotland

People in Scotland will have access to expanded 24/7 mental health support, backed by an estimated £1.5 billion of investment on mental health and wellbeing support from the Scottish Government.   This funding includes £3.5 million of new investment announced today which will make it easier for people to get the help they need, reducing pressure on A&E and other emergency services like Police Scotland.  

18/2/2026

Is the UK government likely to hold back on equalising the minimum wage for young people?

This subject is all over the news so tension is building as to what he government will finally say.   Based on the most recent reporting, the answer is there are strong signs of a possible delay, even though ministers publicly insist the policy has not been abandoned.  

18/2/2026

Supporting social care: recruiting international workers who are already in the UK

Up to 30,000 extra hours of adult social care work are expected to be secured every month through the Adult Social Care Displaced Workers Scheme.   The scheme, backed by £500,000 Scottish Government funding, is helping employers recruit international workers who are already in the UK and find themselves without sponsored employment at no fault of their own.  

18/2/2026

When Inflation Falls but Hardship Rises: The Rural Scotland Reality

For months now, political leaders and commentators have pointed to falling inflation as evidence that the cost‑of‑living crisis is easing.  Technically, they're right: the rate at which prices are rising has slowed.  

18/2/2026

Communities benefit from renewable energy

New proposals for onshore renewable energy developments.   Communities across Scotland could see more money invested in their area as a result of onshore renewable energy developments under new proposals published today.  

18/2/2026

Inflation easing boosts expectations of rate cuts: Bank of England may hold back

Inflation easing boosts expectations of rate cuts but this may need further reductions in inflation before a further cut in interest rates is likely.   January 2026 CPI inflation fell to 3.0%, the lowest in nearly a year, largely due to weaker prices for petrol, food and airfares.  

18/2/2026

 
At a Standstill? UK Productivity Falters Amid Sluggish Growth

The most recent productivity figures from the Office for National Statistics (ONS), covering the final quarter of 2025.  It paints a mixed picture of the UK's productivity performance, highlighting both progress relative to pre-pandemic levels and slowing momentum compared with recent quarters.