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News Archive

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8/8/2024

Financial Support For Families - Social Security Support As Children Prepare For Back To School

Parents and carers are being encouraged to check their eligibility for financial support as the summer holidays end and they prepare for their children going back to school.   Extra costs, including new shoes, stationery and lunch boxes, can soon add up.  

8/8/2024

 
Regional Employment And Wage Gaps Have Narrowed But Inequalities Prove Deeply Entrenched As Child Poverty Gaps Widen Further

Progress has been made in narrowing some geographic economic gaps, but the same areas have tended to either lag behind or prosper that did so thirty years ago, and spatial disparities in child poverty have widened since 2014-15 - according to new Resolution Foundation analysis published on Tuesday 6 August 2024.   The report, Uneven ground, uses a range of economic outcomes to assess the state of geographic inequality facing the new Government.  

8/8/2024

Scotland's FDI Attracts Record Results And Is Second To London In UK

A record 142 inward investment projects were secured by Scotland in 2023, the only part of the UK to record growth for five consecutive years, and to its highest in the past decade.   Edinburgh, Glasgow and Aberdeen in top ten UK cities The US is the top country of origin for inward investment into Scotland (27), followed by Germany (20) and France (10).  

8/8/2024

 
Housing Outlook Q2 2024 - Resolution Foundation Report

This latest housing report from the Resolution Foundation in sets out the situation in England but while the things may be slightly different there is a housing shortage in Scotland also so when reading you may see many similarities.   Welcome to this quarter's Housing Outlook, where we investigate changes in the number and distribution of bedrooms in England over time, evolving norms around the number of bedrooms households require, and the policy challenges in this space.  

8/8/2024

Hospital At Home Funding - Providing Older People With A Safe Alternative To Hospital

The number of patients using Hospital at Home in Scotland rose by almost a quarter last year, it has been revealed, as funding allocations for NHS boards were announced.   A total of 13 local healthcare providers have been allocated a share of £3.6 million for Hospital at Home for older people to help ease pressure on frontline acute services.  

8/8/2024

 
Whooping Cough Cases Rise To Over 10,000

UKHSA urges pregnant women to get vaccinated to protect their newborn babies as whooping cough cases rise to over 10,000.   New whooping cough data published today by the UK Health Security Agency (UKHSA) shows laboratory confirmed cases rising to over 10,000.  

8/8/2024

Chancellor Reeves - Pension Funds Can Fire Up The Uk Economy

Chancellor Rachel Reeves calls on UK pension schemes to invest more in the UK economy and deliver better returns for savers.   Chancellor Rachel Reeves wants UK to learn lessons from ‘Canadian model' ahead of meeting with major Canadian retirement funds.  

8/8/2024

Chancellor - I will take the difficult decisions to restore economic stability

Findings of a Treasury spending audit reveal £22 billion of unfunded pledges inherited from the previous Government this year.   Chancellor takes "difficult decisions" to find £5.5 billion of savings this year and £8.1 billion next year.  

8/8/2024

UK Bolsters Support To British Nationals In Lebanon As Foreign Secretary Says Leave Now

Ministers call for British nationals in Lebanon to leave now "as situation could deteriorate rapidly".   Government strengthens its support for British nationals as regional tensions in the Middle East increase.  

8/8/2024

Britain Is Open For Business - Chancellor Visits North America In Investment Drive

Rachel Reeves to bang the drum for Britain in visit to New York City and Toronto this week.   Chancellor to share her vision for growth and champion UK sectoral strengths across financial services, clean energy and infrastructure to investors and CEOs.  

8/8/2024

Gross Domestic Expenditure On Research And Development Uk 2022

Estimates of research and development performed and funded by businesses, higher education, government, UK Research and Innovation, and non-profit organisations.   Expenditure on research and development (R&D) performed in the UK was £70.7 billion in 2022 (in current prices), an increase of £4.4 billion since 2021 and £12.4 billion since 2018, which is the first period available since the redevelopment of R&D statistics began.  

8/8/2024

 
AI To Reduce Train Delays, Speed Up NHS Prescriptions And Train Construction Workers Gets £32 Million Boost

Government unveils AI projects to improve productivity and public services supported by a share of £32 million.   Government forges ahead with plans to improve the lives of working people with cutting-edge technology, supporting 98 AI projects with a share of £32 million.  

8/8/2024

Scotrail Issues Travel Advice Ahead Of Busy Weekend

ScotRail has issued travel advice ahead of a busy weekend for travel with Rangers playing Motherwell at Hampden Park and the Edinburgh Festivals in the capital.   Customers are reminded that a temporary timetable is currently in place due to fewer drivers making themselves available for rest day working, as is their contractual right, while pay talks are ongoing with the trade union ASLEF.  

8/8/2024

Government Research And Development Spending Is Vital To Rectify UK Private R and D Investment Stagnation, Says Ncub

New data released by the ONS has revealed, indicatively, that the total spend on research and development (R&D) across the UK reduced from 2.81% of GDP in 2021 to 2.77% of GDP in 2022.  The level of investment dropped by 0.11%, an £80 million reduction in real terms between 2021 and 2022.  

8/8/2024

 
Have High Interest Rates Created The Risk Of A Crash? - Richard Murphy

Economics says high interest rates should deflate share prices.  But that's not been true since 2021, because the real world does not work the way economics says it does.  

7/8/2024

 
Train Tickets - Understanding Spending Habits

New data shows the effect of strikes on train ticket sales, and the most popular second-hand cars in Great Britain.   From scanners at supermarket tills to ticket offices at railway stations, new data on everyday costs are improving our understanding of how prices are changing over time.  

7/8/2024

Record Number Of Scottish Students Secure University Place

Number of students from most deprived areas also hits new high.   A record number of Scottish students have secured places at a Scottish university this year, UCAS figures show.  

7/8/2024

 
Sales Of Second-hand Hybrid Cars Are On The Rise - Understanding Spending Habits

Second-hand sales data from Auto Trader provide information on an estimated 300,000 used car sales per month, dating back to 2018.   We use this to produce our petrol and diesel second-hand car inflation indices.  

7/8/2024

 
Government Finances Are Not Like Those Of Any Household - Richard Murphy

Politicians keep claiming that the government must run its affairs just like a household.  Absolutely nothing could be further from the truth or more harmful for our economy.  

7/8/2024

Summertime Blues For Uk Exporters - 24% Say They Exported Less In June Than Last Year

24% of UK companies doing business overseas exported less this June than in the same month last year, while just 16% reported an increase.  Similarly, 18% of UK importers said they imported less this June than in 2023, compared to just 13% reporting an increase.  

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