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News Archive

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26/7/2025

GAD and the State Pension age review

The Government Actuary is to analyse the latest life expectancy projections data and assess the impact of various aspects of the rules around pensionable age.   The Government Actuary has been commissioned to prepare a report on the State Pension age as part of the third State Pension age review.  

26/7/2025

 
Is UK Economy Doomed? And Other Questions

A quick question and answers on recent comments about UK economy,.  

26/7/2025

 
EU issues major border update for UK travellers

Europe's much-delayed entry-exit system (EES) will begin to apply to some travellers from the UK to the EU on 12 October this year.   The scheme will connect all Schengen area frontiers to a central database.  

26/7/2025

IMF supports growth agenda and fiscal framework

IMF endorses Plan for Change growth mission and fiscal reforms.   The IMF's Article IV surveillance report has stated that economic recovery in the UK is underway, with growth projected at 1.2% in 2025 before gaining momentum next year.   The IMF also endorsed the government’s fiscal plans which it says strike a balance between supporting growth and safeguarding fiscal sustainability, and the Growth Mission covers the right areas to lift productivity.  

26/7/2025

Navigating McCloud Remedy - unauthorised payment charges for affcted pensioners

GAD's insight and technical expertise supported government's work in carrying out the McCloud remedy process for affected pensioners.   The Government Actuary's Department (GAD) developed methodologies to help scheme administrators further navigate the McCloud remedy.  

26/7/2025

UK strengthens cyber defence cooperation across Asia-Pacific region

Senior defence officials gathered in Singapore on cyber security and emerging technologies.   yber-attacks know no borders, and with the transnational nature of digital threats evolving we must work with allies to keep Britain safe.  

26/7/2025

Development Minister sets out new UK approach to development at G20 meeting in South Africa

The UK is resetting its relationship with countries in the Global South and helping countries exit the need for aid, as Baroness Chapman attends the G20 Development Ministerial Meeting in South Africa.   Development Minister Baroness Chapman will reset the UK's approach to international development at the G20 Development Meeting in South Africa (Friday, 25 July).  

26/7/2025

Development Minister sets out new UK approach to development at G20 meeting in South Africa

The UK is resetting its relationship with countries in the Global South and helping countries exit the need for aid, as Baroness Chapman attends the G20 Development Ministerial Meeting in South Africa.   Development Minister Baroness Chapman will reset the UK's approach to international development at the G20 Development Meeting in South Africa (Friday, 25 July).  

25/7/2025: Advisory / Counseling Services

 
HIE holding drop-ins for Wick Business Park expansion plans

People in the Wick area of Caithness are being invited to share their views on proposals to expand Wick Business Park.   Following the successful development of phase one, Highlands and Islands Enterprise (HIE) is planning a second phase of development on land next to the existing business park.  

25/7/2025

New Political Party in the UK -

A major development in UK politics: Jeremy Corbyn, former Labour leader, and Zarah Sultana, former Labour MP, have officially launched a new left-wing political party currently referred to as "Your Party".   Launch Date: 24 July 2025.  

25/7/2025

 
£4.5m upgrade announced for Kyle of Lochalsh railway

A major £4.5m refurbishment project is planned for the Kyle of Lochalsh railway in the Highlands this Autumn.   The Kyle line stretches more than 50 miles from Inverness to the banks of Loch Alsh and is one of the most scenic railway journeys in the country.  

25/7/2025

 
Will AI steal your job or give you a better one? - Richard Murphy

In this video, I compare AI in 2025 to the internet in 1995.   Back then, just 5% used the internet.  

25/7/2025

 
Is Labour threatening your retirement plans? - Richard Murphy

Labour says it's launching a pensions review to make retirement more secure.   But dig into the details, and it's clear: this is about cutting costs, not helping pensioners.  

25/7/2025

Retail sales, Great Britain June 2025

1.Overview Retail sales volumes (quantity bought) are estimated to have risen by 0.9% in June 2025, following a fall of 2.8% in May 2025 (revised down from a fall of 2.7% in our last bulletin).   Food store sales rose following a fall in May 2025, with retailers reporting the warm weather had a positive effect.  

25/7/2025

Additional funding for independent hospices

The Scottish Government is to distribute £5 million of funding in 2025-26 to support independent hospices with pay parity for clinical staff with their NHS counterparts.   Hospices have now had their funding allocations confirmed and the investment, set out in the 2025-26 Budget, will ensure that frontline staff providing essential palliative and end-of-life care in independent hospices are fairly paid in line with NHS pay scales.  

25/7/2025

Online spending was on fire in flaming June

The latest ONS retail sales results show a 2.3% jump in the amount Brits spent online in June.  That helped e-commerce snatch 27.7% of all retail sales last month, says the home delivery expert Parcelhero.  

25/7/2025

 
Celebrating Scottish innovation - Summit to capitalise on economic potential

Scotland's first National Innovation Week will take place later this year, Business Minister Richard Lochhead has announced.   Taking place from Monday 22 September to Friday 26 September, it will celebrate Scotland's proud legacy of innovation while showcasing the country's global leadership in pioneering the transformative technologies and industries of the future.  

24/7/2025

 
Prime Minister secures thousands of British jobs and £6 billion in investment and export wins as historic trade deal with India signed

Thousands of jobs created for Brits through new Indian investment and export wins worth almost £6 billion.   New figures show that £4.8bn trade deal will unlock economic growth for each region and nation of the UK - delivering on the government's Plan for Change.  

24/7/2025

Brits planning to holiday in the UK falls by 21%

Over three quarters (77%) of UK adults plan to take a summer holiday in 2025, down from 85% last year The number of people planning UK staycations is down by 21% (from 57% to 45%).   Financial concerns are the leading reason for Brits opting not to travel this summer - 46% of those who forego holidays cite money as the reason why.  

24/7/2025

Government will fail to meet its employment target unless firms recruit and retain more disabled workers

The UK Government will struggle to achieve an 80 per cent employment rate unless it further incentivises firms to employ disabled workers - via return-to-work recruitment incentives and a new Right to Reintegration - according to new research published today (Thursday 24 July 2025) by the Resolution Foundation.   The report Opening Doors notes that while the headline employment rate for disabled people has risen from 44 to 54 per cent between 2014 and 2025, new analysis reveals that when accounting for the rising prevalence of disability among the working-age population, disability-related labour market exclusion has actually deteriorated.  

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