News Archive

25/6/2026

Great British Summer Savings: Tax cut on kids’ meals and days out goes live

Tax cut on meals and days out come into force.   Every family across the UK will pay less tax on meals and days out as new VAT cut helps families enjoy trips to the seaside and making memories with loved ones.  

25/6/2026

Trading Standards - Wifi Booster Scam Emails

There have been reports of scam emails that appear to have been sent by internet providers such as BT or EE and offer customers the chance to win a Wifi booster by clicking on a link.   One of the scam emails includes the BT logo and branding and says that, as a 'valued customer', you can claim a 'priority reward' to receive a discount on a booster.  

25/6/2026

Bond programme moves forward as Scottish Government Looks To Borrow £1.5 billion

Nine banks have been appointed to a framework that will advise and support on the delivery of the Scottish Government’s £1.5 billion bonds programme over the next five years.   As part of this process, HSBC Bank Plc, Merrill Lynch International, NatWest Markets Plc and RBC Europe Limited have been selected to act as the joint bookrunners – lead managers for the bonds for the Scottish Government’s inaugural bond issuance.  

24/6/2026

ISA Rules Changing - A Summary

The biggest Rachel Reeves–era ISA rule changes coming into force (mainly from April 2027) are as follows.   A 22% tax on interest earned on cash held inside Stocks & Shares ISAs.  

24/6/2026

Prologis Eyes British Land: A Potential Mega‑Takeover of the UK’s Biggest Property Company

The UK commercial property market is bracing for what could become one of the largest real‑estate takeovers in British history.   Prologis, the world’s biggest industrial and logistics property company — and a US giant — is reportedly weighing a bid for British Land, the UK’s largest listed property company and the former Slough Estates.  

24/6/2026

The North Sea Oil And Gas - Looking At Three Positions

A major part of the argument being made by the industry, many workers in Aberdeen, and opposition politicians is that we should allow more exploration and use the oil rather than importing it.  However, it is not the whole story.  

24/6/2026

 
Leaving EU behind - How Britain lost its trading edge and whether Brexit is to blame

In the five years since 2019, the period in which Britain formally left the EU, UK exports have tilted from goods towards services about three times faster than before.  Worryingly, this reflects weakness in goods – with the UK experiencing the largest fall in goods exports in the G7 – rather than strength in services.  

24/6/2026

Recorded Crime in Scotland, 2025-26

cotland’s Chief Statistician today released Recorded Crime in Scotland, 2025-26.   Between 2024-25 and 2025-26: Crimes recorded by the police in Scotland increased by 5%, from 299,111 to 315,357.  

24/6/2026

 
Driving bans for those who refuse to repay benefit debts as new DWP powers come into force

People who have stopped receiving benefits but still refuse to repay money owed to the Department for Work and Pensions (DWP) could be banned from driving under sweeping new powers that come into force today.   Fraudsters and debtors who refuse to pay face tough new consequences including direct deductions from bank accounts, as new laws come into force.  

24/6/2026

Which Types of UK Businesses Are Most Foreign‑Owned?

Around 25% of UK companies are foreign‑owned, but the figure rises dramatically in key sectors such as energy, manufacturing, finance, food distribution, care homes, and commercial property.   In some industries — including energy and senior‑care real estate — foreign companies now control the majority of major assets.  

24/6/2026

Brake Brothers Staff in Scotland Threaten Strike - What’s Behind the Dispute? Who Owns Brake Brothers?

Brake Brothers — one of the UK’s largest food‑service wholesalers is facing major industrial unrest in Scotland, with staff threatening strike action over pay, conditions, and treatment at work.   The dispute has the potential to disrupt food supplies to schools, hospitals, restaurants, hotels, and care homes across the country.  

24/6/2026

Prime Day and the Cost-of-Living Test: What Amazon's Biggest Sale Says About the Economy

Amazon Prime Day 2026 is taking place from 23–26 June, making it a four-day event rather than the traditional two-day sale.  Amazon moved it forward from its usual July slot this year.  

24/6/2026

Are UK Care Homes Quietly Being Taken Over?”

The UK’s care‑home sector is undergoing a transformation that many families, residents, and even investors haven’t fully noticed yet.   Behind the scenes, American real‑estate giants are rapidly buying up the buildings that house Britain’s elderly population — and the biggest example is the £5.2 billion takeover of Barchester’s property portfolio by US‑based Welltower.  

24/6/2026

Not Got An ISA - Why You Should Consider Saving With One

Even with the new Rachel Reeves ISA changes, ISAs remain one of the most powerful, flexible, and tax‑efficient ways for UK savers and investors to grow wealth, especially compared with holding money in normal bank accounts or taxable investment accounts.   Why people without an ISA should still seriously consider opening one — and why the changes don’t remove their core advantages.  

24/6/2026

The Key Pension Changes From June 2026

1.  The “Value for Money” (VFM) rules begin rolling out.  

24/6/2026

The Great Rebalancing: From Foreign Aid to Defence and Domestic Priorities

Despite the large cuts under President Trump, the United States is no longer the world's biggest aid donor by volume.  According to the latest OECD figures for 2025.  

24/6/2026

Education Outcomes for Looked After Children – 2024-25

Statistics have been published today on Education Outcomes for Looked After Children.  The publication provides data from the 2024-25 school year on school attendance, exclusions, achievement of Curriculum for Excellence Levels, school leavers' stages and attainment, and school leavers' post-school destinations.  

24/6/2026

The Iran Agreement Allowing Oil To Ship Is Affecting The World Oil Prices

There is growing evidence that the market is already pricing in the prospect of more Iranian oil returning to world markets.  That is one of the main reasons oil prices have fallen sharply over the past week.  

24/6/2026

Reconviction rates in Scotland, 2022-2023 cohort

The latest reconviction statistics for the 2022-2023 cohort have been published today by Scotland’s Chief Statistician.  There was a small reduction in the proportion of people reconvicted within 12 months compared with the 2021-2022 cohort.  

24/6/2026

New career opportunities for Scotland’s oil and gas workers

£6m Oil and Gas Transition Training Fund opens for applications.   New funded training opportunities have been made available to help oil and gas workers across Scotland retrain for roles in other industries.