On 5 October 2018, the Institute for Fiscal Studies released a report looking at how different post-Brexit trade arrangements might impact and different UK industries, regions and workers. Peter Levell, Senior Research Economist at IFS, gave the first presentation on "UK's participation in global value chains: implications for post-Brexit trade policy".
The reduction in Scotland's drink-driving limit has had little effect on the level of deaths and accidents on the nation's roads, according to a University of Strathclyde study. Researchers found that the lower limit for blood alcohol content (BAC) had not been followed by a statistically significant overall drop in road fatalities, including during the peak accident periods of night-time and weekends.
For much more see the IFS we site at www.ifs.org.uk/.
Budget Day Monday 29th October 2018. There is much speculation as always about the coming budget.
1. The Office for National Statistics and HM Treasury published their Statistical Bulletin on the September 2018 Public Sector Finances this morning, covering the first half of the 2018-19 fiscal year.
The UK Government must deliver on its pledge to end austerity in its budget, according to Finance Secretary Derek Mackay. Speaking ahead of the UK Government's budget, Mr Mackay has called for a 'meaningful uplift' in public services funding, as well as expressing concerns about the direction of Brexit negotiations and the roll-out of Universal Credit.
Survey illustrates robust trading performance, but manufacturing confidence and overall investment fall amid rising material costs and uncertain political environment The survey, produced by the Scottish Chambers of Commerce Network in collaboration with the University of Strathclyde Business School's Fraser of Allander Institute, illustrates a broadly positive Scottish economy, but slowing investment across a range of sectors, and a challenging set of results for the manufacturing sector, suggest that the need for certainty on the UK's Exit for the European Union is paramount. Driven by rising costs of raw materials, the manufacturing sector has posted its first negative result for optimism / business confidence since 2016, despite a reasonably strong set of financial results.
Weeks commencing 15th & 22nd October. Energy & Business Services: Cavendish Dounreay Partnership, the Parent Body Organisation at Dounreay, made a significant announcement last week on opportunities for its workforce .(https://www.gov.uk/government/news/dounreay-management-makes-long-term-employment-commitment-to-workforce), which included a commitment to "develop training and support programmes to put individuals in the strongest possible position to move into another local job with one of the growing industries such as space or renewable energy.
An Official Statistics Publication for Scotland Scotland's council tax base increased to 1.988 million Band D equivalents in September 2018. This figure, calculated after taking account of Council Tax Reduction is 1.1 per cent higher than for 2017, Both years are calculated using the new multipliers in Bands E to H, which took effect from April 2017.
Scotland's economy has continued to strengthen in the first half of 2018 with annual GDP growth the strongest since 2014 and above the UK as a whole. Independent growth forecasts suggest growth could strengthen further over the next couple of years, however, uncertainty relating to the form and timing of agreement for leaving the EU remains a key concern for many sectors of the economy.
Hotels across Scotland and offices in Aberdeen are amongst those who will benefit from a cap to their business rates bill following an announcement by Public Finance Minister Kate Forbes. Having already benefited from the cap in 2017-18 and 2018-19, hospitality businesses will now see rates capped at a maximum of 12.5% in real terms each year until 1st April 2022.
The Highland Council are running a free return to teaching course for any fully or provisionally registered teacher based anywhere in the Highland Council area who is considering a return to teaching. If you have had a break from teaching, are a retired teacher or are new to the area and are keen to apply for a teaching post or join the supply register that allows you to set your availability around your lifestyle and family commitments, come along refresh your skills and gain confidence, meet a Head Teacher, Care and Learning Staff as well as new colleagues who are also returning to teaching in Highland.
DINGWALL, Dingwall & Highland Marts Ltd., (October, 25th) sold 5,736 breeding & feeding sheep. Gimmers (751) averaged £89.14 and sold to £140 gross (4 times) for Texel crosses from Smerral Farm, Bower and Balmaglaster Farm, South Laggan, Crosses from 12 Annat, Torridon and Cheviot Mules from 134 West Langwell, Rogart.
The Highland Council has agreed to commence a public budget engagement process beginning on 1 November 2018. The Council is planning for a potential budget gap of £66.7 million over the next three years.
At his final meeting of The Highland Council (Thursday 25 October 2018), Chief Executive Steve Barron received tributes from Councillors across the chamber. Mr Barron retires after 10 years' service with the local authority, the last 5 of which were as Chief Executive.
Each year we survey our Citizens' Panel on their views on performance and attitudes and the results are used to help inform Council decisions and drive continuous improvement activity across the organisation. The survey shows that what is important to people is maintaining good quality services, providing value for money, listening to local people and being efficient.
Six Rural Infrastructure Fund projects have been successful in attracting £1.1m of funding from the £3m available in the first round of the Scottish Government's Rural Tourism Infrastructure Fund. These funds are in addition to significant Council and LEADER funding for new facilities to help meet the needs of growing visitor numbers.
Immediate action is needed to shift the NHS towards long-term, fundamental change. In her annual review of the NHS, the Auditor General for Scotland finds that performance continued to decline in 2017/18 and the NHS is not financially sustainable in its current form.
Equiniti Group plc ("Equiniti"), one of the UK's largest pension administrators, is delighted to announce that it has been awarded pension administration contracts for the UK Atomic Energy Authority and for the Combined Nuclear Pension Plan (“CNPP”). The schemes, which have 60,000 members, support virtually all employees and former employees engaged in the UK nuclear industry, will be serviced from EQPaymaster’s office in Caithness, Scotland.
Eann Sinclair is the new area manager for HIE in Caithness and Sutherland. Eann is from Thurso and graduated from Glasgow University with a degree in Scottish and English Literature before gaining an MSc in Tourism.