New data published today reveals more than 65,000 businesses in Scotland benefitted from over £2.3 billion of support through government-supported loan schemes. over 63,000 loans worth over £1.8 billion have been offered under the Bounce Bank Loans Scheme over 2,600 loans and support worth £587 million have been offered under the Coronavirus Business Interruption Loan Scheme 29% of employees furloughed and 155,000 people supported through the SEISS More than 65,000 businesses in Scotland benefited from over £2.3 billion of support to bounce back from COVID through government-supported loan schemes.
Funding for digital and workforce training. Immediate investment in jobs and digital technology will provide the foundations for a strong economic recovery from coronavirus (COVID-19), Economy Secretary Fiona Hyslop said.
Subsea 7 will be moving the final two towheads from Wick Harbour to Wester Site tomorrow, 7th of August; leaving Wick Harbour around 09:00 (dates and times are subject to having suitable weather and Police availability). This move should be similar to previous towhead moves, leaving Wick Harbour and proceeding directly to Wester Site.
Early Learning and Childcare (ELC) update. At yesterday's (6 August) meeting of the Education Committee, Members were updated on the Council's provision of ELC, as part of the return of school and ELC settings.
The claims service for restaurants taking part in the Eat Out to Help Out Scheme is open. Outlets can now claim reimbursements from the UK Government for discounts given to their diners this week (Monday to Wednesday), and payment will be made within five working days.
From the Resolution foundation 1st August 2020. The number of people currently furloughed is less than half this amount.
DINGWALL, Dingwall & Highland Marts Ltd., (August, 7th) sold 9,164 store lambs at an average of £69.14 (up £10.21 on the year). Beltex (1,355) averaged £69.59 and sold to £94 gross from Simpsons Croft, Scotsburn.
Update to foreign travel public health requirements. Passengers from Belgium, Andorra and the Bahamas will be required to self-isolate at home or another specified address for 14 days on arrival in Scotland and England from Saturday, following a significant increase in the number of cases of coronavirus (COVID-19) in those countries.
International initiatives leading to the repopulation of islands and remote rural communities could be replicated across Scotland - with adequate financial and community backing. Researchers at Scotland's Rural College (SRUC) compared projects in Argyll and Bute and Orkney, with those in the Republic of Ireland, Canada, USA and Denmark, including the Faroe Islands.
From HMRC. If you claim tax credits and have returned to work after being furloughed but are still temporarily not working your normal hours due to COVID 19 you do not need to tell us.
Members at yesterday's (6 August) meeting of Education Committee, heard about the success of schools across Highland communities and, specifically, drivers of success from Highland Head Teachers from Portree High, Dingwall Academy, Thurso High, Kingussie High, and St Clement's School in Dingwall. Chair of the Education Committee, Councillor John Finlayson, said: "The achievements and resilience of our young people across the Highlands has to be congratulated along with the positive results we have heard about today.
U.S. and UK participants in the U.S.-UK Financial Innovation Partnership (FIP) met virtually on 5 August, 2020, to exchange views on topics of mutual interest as part of their ongoing partnership.
An update on the recruitment of teaching positions in Highland was presented to Members of the Council's Education Committee yesterday (6 August 2020). Head of Education, Nicky Grant, said: "I want to thank our staff members who have stepped into these vacancies while we continue in our recruitment of teaching and support staff.
Although the Bank of England on Thursday upgraded its forecasts for GDP significantly, its projections still suggest the UK has experienced one of the largest economic hits among rich countries, the Resolution Foundation said on Thursday in response to the Bank's Monetary Policy Report. The Bank notes that in its central case - in which a rapid recovery is underway this quarter - the economy is still expected to shrink by 9.5 per cent this year.
Paper presented to the Education committee, Highland council on 6 August 2020. Most posts filled but some posts to be advertised in August.
The Highland Council and Police Scotland are urging drivers to slow down near schools as term starts next week across Highland and pupils return to schools from 12th August onward. Highland Council is warning parents and pupils that part time flashing 20mph signs around Highland Schools will not be operating as normal - due to a technical error caused by inactivity of the signs over the long period of lockdown.
Partnering and co-ordinating infrastructure important for decarbonisation. The integration of offshore energy systems, including oil and gas, renewables, hydrogen and carbon capture and storage, could contribute to deliver approximately 30% of the UK's total carbon reduction requirements needed to meet the 2050 net zero target.
Visitors to Highland region are urged not to spoil it by littering when they're enjoying days out in our beautiful landscape. Highland Council is backing Zero Waste Scotland's new campaign: Scotland is Stunning - Let's Keep It That Way, which aims to inspire people getting out and about to enjoy the great outdoors without leaving litter, reminding them they should either bin litter or take it home.
The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present is to respond to the economic and financial impact of the Covid-19 pandemic.
The Financial Policy Committee (FPC) aims to ensure the UK financial system is prepared for, and resilient to, the wide range of risks it could face - so that the system can serve UK households and businesses in bad times as well as good. The Covid-19 pandemic is having a severely disruptive economic impact, with repercussions for UK households and businesses.
