Monthly real gross domestic product (GDP) is estimated to have fallen by 0.5% in December 2022, following an unrevised growth of 0.1% in November 2022. Looking at the broader picture, GDP was flat in the three months to December 2022, and annual GDP output is estimated to have grown by 4.1% in 2022, following growth of 7.4% in 2021.
Today 10 February 2023 the Scottish parliament will vote on the income tax changes proposed in the Scottish Government's 2023-24 Budget. Together with other changes made to the income tax and benefit system over the past six years.
The Institute for Fiscal Studies podcast. With strikes, staff shortages, an enormous waiting list and an ever-ageing population (amongst other issues), the NHS is coming under greater pressure than ever.
This video presentation from the Institute for Fiscal Studies highlights how unfair the system of subsidies for pension contributions is. The system benefits the better off and especially those that pay higher rates of tax and does not help people on low incomes to save.
Award-winning, Independent Financial Advisory firm, Phil Anderson Financial Services has expanded it's Caithness operation with the opening of a new office and the appointment of additional team member. Following a record year, achieving a turnover of £1.63million, a 22% increase from the year before the firm has opened a new office at 13 Kirk Lane in Wick.
The first digger powered by a hydrogen combustion engine will soon be on UK roads and building sites. government approves the use of the world's first digger powered by a hydrogen combustion engine on UK roads.
Vestas is presenting a new solution that renders epoxy-based turbine blades as circular, without the need for changing the design or composition of blade material. Combining newly discovered chemical technology developed within the CETEC initiative, and partnerships with Olin and Stena Recycling, the solution can be applied to blades currently in operation.
February 1 was a date to celebrate for women in business everywhere. It happened to be the day that water group Severn Trent became the first large UK quoted company to be led by an all-female team by appointing Helen Miles as chief financial officer.
In recent years, there's been a huge, rising demand for donkey hides in China, where they are used to make an ancient health-related product called ejiao. Ejiao is made from collagen that's been extracted from donkey hides mixed with herbs and other ingredients to create medicinal and health consumer products.
Scotland's economy will contract throughout most of 2023, according to researchers at the Fraser of Allander Institute. The Institute's quarterly Economic Commentary, which includes an assessment of all the latest key data on the UK and Scottish economies, is published today.
Russia's invasion of Ukraine last year caused oil and gas prices to surge, triggering a cost of living crisis in many countries, including the UK. To pay for support for households and businesses experiencing this energy price crisis, the government introduced an additional 25% levy on oil and gas extraction from 26 May 2022.
The UK has sanctioned seven Russian cyber criminals through coordinated actions with the US government. Seven Russian nationals have assets frozen and travel bans imposed.
UK's first globally recognised certification scheme will help verify the sustainability of low carbon hydrogen, giving consumers the confidence to invest in cleaner energy. New certification scheme to verify sustainability of low carbon hydrogen, building transparency and confidence across the sector.
£500,000 in emergency funding is to be given to the Disasters Emergency Committee (DEC) to support the humanitarian aid efforts following the severe earthquake in Türkiye and Syria. Regions of southern and central Türkiye and western Syria were hit by a 7.8 magnitude earthquake in the early morning of Monday 6th February.
The Government Property Agency demystifies smarter working by looking at some common misconceptions. With organisations across all sectors racing to join the smarter working journey with more intensity than ever before, the momentum is also creating a community of misconceptions around what smarter working is.
The image of HM The King is an adapted version of the portrait created by Martin Jennings for the obverse of the new Royal Mint coinage and shows the new monarch facing to the left. The use of the coin image is a continuation of a long tradition stretching back to the creation of the Penny Black in 1840.
A digital pound is likely to be needed in the future according to a consultation paper published today by HM Treasury and the Bank of England. the Treasury and the Bank of England are consulting on a potential digital pound, or central bank digital currency (CBDC) a digital pound would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online.
DINGWALL, Dingwall & Highland Marts Ltd, (February, 8th) sold 562 store cattle, 35 adult head of breeding cattle and 82 OTM cattle. Bullocks (271) averaged 289.0p and sold to 347.2p per kg for a 360kg Limousin from Clury Farm, Dulnain Bridge and £1,720 gross for a 619kg Simmental cross from Borlum, Scaniport.
Fraudsters are offering false ‘common law' car insurance and claiming that the insurance is backed by the holder's ‘cestui que vie trust'. We’re aware of fraudsters claiming to sell car insurance and advising users to claim the funds from a personal trust held by the government.
Following the conclusion of the 16 days of action, a special meeting of the national Executive Committee was held late yesterday afternoon. In light of the fact that no new offer has been made or looks likely to be made any time soon, that 'negotiations' are not being approached as real negotiations by the Scottish Government and COSLA.
