A short video from the BBC for kids. You've probably heard people talking about a 'cost of living' crisis and the problems it is causing recently.
The UK Treasury has been consulting on the concept of an ‘online sales tax', or OST, which could raise £1-2 billion annually to help pay for a reduction in business rates for physical retailers. This is a bad idea, for many reasons.
The Highland Council and its public sector partners are hosting paid placement opportunities, providing valuable work experience opportunities to those living in the Highland region who are not in employment, education or training. The placements are an opportunity to learn important employability skills, gain industry recognised qualifications whilst working in a trainee role, where they will earn Scottish Living Wage.
new pay protection laws on minimum wage for thousands of seafarers regularly entering UK waters. laws will prevent firms undercutting fair pay for seafarers by using legal loopholes to pay low wages.
All types of household energy bill are now heading above £3,000 a year this winter, say energy industry sources. The rise is 7% higher than the predicted prices on which the government's recently announced cost of living support package was based.
At the Highland Council meeting held on, 30 June 2022, elected Members agreed to progress the submission of two separate bids for round two of the UK Levelling Up Fund, these include the North Coast 500 (Transport Bid) and Portree Harbour (standalone Heritage bid). Economy and Infrastructure Committee Chair, Cllr Ken Gowans said: "The Levelling Up Fund offers Highland an opportunity to bid for funds that will make a transformational impact across our communities.
Report from the Office for National Statistics. In May 2022, half (50%) of businesses currently trading reported that the prices of goods or services bought had increased from April 2022, while 21% reported that prices sold had increased across the same period; both figures have remained stable since March 2022.
DINGWALL, Dingwall & Highland Marts Ltd., (July 5th) sold 18 prime cattle. Prime bullocks (6) averaged 251.4p per kg (-8.1p) and sold to 258.0p per kg and £1,517.25 gross.
Our new growth forecasts predict a difficult year to come for the economy. Much of our work this week has focussed on the publication of our Quarterly Economic Commentary.
The Scottish economy had shown healthy growth before contracting in April, but the cost of living crisis means that consumers are spending less on non-essentials Scotland's economic growth forecast for 2023 has been revised down due to the impacts of cost increases on consumers and businesses, and the likelihood that these will persist for longer than previously thought. This is according to the latest quarterly Economic Commentary from the Fraser of Allander Institute at the University of Strathclyde.
Enhanced 4G mobile phone coverage programme reaches halfway point. A £28.75 million programme has ensured 4G mobile phone coverage has been expanded in dozens of more rural areas.
Real typical household disposable income growth for working age families has slumped to just 0.7 per cent a year in the 15 years leading up to the Covid-19 pandemic. This has left households, particularly those in rented accommodation and with young children, brutally exposed to the current cost-of-living crisis, according to new research published today (Monday 4 July 2022) by the Resolution Foundation.
The UK's first-ever centre to collect and analyse information on the supply of critical minerals has officially launched. Critical Minerals Intelligence Centre to boost UK resilience and growth by providing up to date data and analysis on supply of critical minerals.
As of 26th June 2022, there have been a total of 14,953 deaths registered in Scotland where the novel coronavirus (COVID-19) was mentioned on the death certificate. In week 25 there were 51 deaths involving COVID-19 (10 more than the previous week).
Consultation on new legislation launches. Transformative changes are being proposed to the way Scotland's land is used and managed in order to ensure greater benefit to communities and the environment.
Package of measures will increase childcare support for parents, boost the number of childminders and drive take up of childcare offers, to address rising costs. The government has today announced ambitious new plans to improve the cost, choice and availability of childcare that will benefit hundreds of thousands of parents across the country.
Foreign Secretary Liz Truss will set out the wide-ranging package of support at the Ukraine Recovery Conference in Lugano, Switzerland. Wide ranging package of UK support will use UK expertise and British businesses to accelerate Ukraine's economic recovery.
Thalidomide survivors will now receive lifetime funding from the Scottish Government. The measure extends the previous 2013 agreement which granted survivors £14.2 million over ten years to help meet their health and living costs.
Report from Office of the Chief Economic Adviser of the Scottish government. This month's economic brief provides an update on data during the second quarter of the year, in which slowing output growth, rising inflation and tight labour market conditions are very much shaping current economic conditions.
In response to rising inflation, the Bank of England -- the UK bank, which is in charge of monetary policy -- has increased rates several times since March. This has a knock on effect through nearly every part of the economy, including things like credit cards.
