The UK is heading for a major cost‑of‑living squeeze later this year, driven by a sharp rise in the July energy price cap and the likelihood of another high cap in October, all on top of surging oil prices. Every credible forecast shows the same pattern: energy costs rise first, then everything else follows.
FTSE 100 set to gain ground amid gentle optimism about a Middle East peace deal. As expected retail sales volumes fell in April, dropping by 1.3% following a rise of 0.6% in March 2026.
Most people think the next economic crisis will begin when shortages become obvious and prices start soaring. I disagree.
If you’re over 50 and living in the Highlands, there’s finally some good news on the travel front — and it comes straight down the line. ScotRail’s latest Club 50 rail offer has arrived, and it’s one of the most cheerful bits of transport news we’ve had in a while.
The Highland Council has successfully completed phases one and two of new modular “park-style” homes at the Gypsy/Traveller site at Longman Park, Inverness. Funded primarily through the Scottish Government’s Gypsy/Traveller Accommodation Fund, more than £7 million has been invested to upgrade and future-proof accommodation and site facilities.
Highland Council strengthens Net Zero progress with improved reporting and funding commitments Members of Highland Council’s Climate Change Committee today welcomed progress in delivering the Council’s Net Zero Programme, with new measures to improve carbon reporting, strengthen investment decisions, and secure funding for projects across the Highlands. Taken together, these measures reflect a wider shift towards a more coordinated, programme-led approach to climate mitigation, adaptation and resilience, following the direction agreed by Council in March 2026.
The Scottish housing market is currently defined by a striking contrast between national resilience and extreme regional fragmentation. On a macroeconomic level, Scotland continues to display steady, incremental growth despite broader economic headwinds.
If you want to understand whether the UK grid can cope with the surge in electric vehicles, don’t start in London or Birmingham. Start in Caithness, where the limits of the energy transition are already visible in the cables, substations, and single‑track roads that hold the region together.
Bill introduced to Parliament this week will unlock growth and investment across the country and boost protections for consumers. Wider access to credit unions for consumers, simplifying regulation and reducing the number of regulators are some of the changes being brought forward.
The Government has announced a support package for motorists. Costs lower for millions of drivers as government holds pump prices down, extending the 5p fuel duty cut until the end of year Hauliers get a 12-month road tax holiday saving up to £912 per vehicle, red diesel slashed to its lowest rate in over 20 years until the end of the year Chancellor keeps taxes down for drivers after strong growth at the start of the year, showing government has right economic plan.
Consumer watchdogs to gain new investigatory powers. Chancellor introduces tougher measures to protect people from unjustified price hikes Consumer watchdogs to gain new rapid investigatory powers to target firms taking advantage of crises to unfairly raise costs.
Chancellor to announce ‘Great British Summer Savings’ - a UK wide scheme to help families enjoy this summer. Free bus travel for children throughout August, helping families across England get out and explore Scotland already has free bus travel for children and young people (see lower down this page).
First Minister of Scotland John Swinney has appointed his new Cabinet, unveiling a streamlined team of Cabinet Secretaries to deliver on the things that matter most to the people of Scotland. Comprising eight Cabinet Secretaries, including the Deputy First Minister, the First Minister has said his Cabinet will focus on the priorities of the people, including supporting people through the cost of living crisis, ensuring easier access to the NHS and delivering a fresh start with independence.
The Highland Council’s performance for homeless households has improved significantly over the past four years, while the national average has continued to rise over the same period. This sustained focus on improvement was acknowledged by the Scottish Housing Regulator at an engagement meeting in early 2026.
Wes Streeting is reportedly arguing that Capital Gains Tax (CGT) rates should be brought into line with income tax rates as part of his emerging leadership platform. Under the idea, someone paying 40% or 45% income tax could also pay similar rates on gains from shares, property investments, or business sales rather than today’s generally lower CGT rates.
Wages and GDP to see boost as UK and Gulf strike historic multi-billion-pound trade deal. Deal could boost the UK economy by an estimated £3.7 billion every year and increase wages by £1.9 billion annually in the long run.
Scotland is heading into one of the toughest financial squeezes since devolution. The warning lights are flashing brightest in places like Caithness and the Highlands, where services are already stretched to breaking point.
Chancellor announces further reforms on judicial review of major infrastructure projects. The Chancellor is expected to announce sweeping reforms that will give Parliament the authority to approve critical energy schemes and better protect infrastructure projects from judicial review.
A Dstl project has revolutionised training delivery across the Royal Air Force, strengthening Britain's air combat capability and operational readiness. Through pioneering neuroscience based training methods, the Developing Education Learning and Training Advances (DELTA) project reached over 1,200 Royal Air Force (RAF) personnel and industry technicians responsible for operating and maintaining the Typhoon platform - a cornerstone of UK air defence.
AI is no longer a distant concept drifting in from Silicon Valley. It is already reshaping Scotland’s financial‑services sector.