Government Actuary's Department - GAD is supporting the government in the development of Sizewell C. We have applied our experience of funding models to advise the government.
Scotland's onshore GDP grew by 0.3% in May 2024, according to statistics announced by the Chief Statistician. This follows growth of 0.2% in April 2024.
Parents who have had a child taken into care will receive support from community services through £900,000 of Scottish Government funding this year. The annual investment, delivered through the Corra Foundation, will be shared in 2024-25 by 11 organisations who work closely with birth parents who see their mental health decline following the loss of their child.
While the decision will be met with relief from many borrowers, the mortgage market has already made optimistic strides over recent weeks. "Fixed mortgage rates have been falling at a steady pace, with lenders feeling more encouraged to re-price their deals due to positive swap rates," explained Rachel Springall, Finance Expert at Moneyfactscompare.co.uk.
Scottish food businesses, producers and groups are encouraged to apply for grants of up to £5,000 to promote and champion produce from their local area. Scotland Food & Drink Partnership's Regional Food Fund, launches its fifth round with £100,000 available from the Scottish Government to support regional food activity across Scotland.
When do you think you'll retire? Aged 65? Younger, if you're lucky? Maybe older if you're unlucky - or if you're young right now?. Someone from a high-income country starting their first job can expect to retire on average two years later than today's pensioners.
Latest HIE plan builds on the region's opportunities. The document sets out how the organisation will work towards building and sustaining a greener, fairer and more resilient region and strengthening the contribution this makes to Scotland's economy and that of the UK.
Commenting on the Government's announced budget for the 6th Allocation round of the Contracts for Difference scheme, Jonny Marshall, Senior Economist at the Resolution Foundation, said, "The failure of the last renewable energy auction has forced ministers to offer higher prices in the next one. While this is a necessary sticking plaster, future auctions should focus on low prices as well as rapid delivery.
The International Consortium of Investigative Journalists has exposed where huge amounts of money comes from to fund Israel particularly since the war in Gaza. In the weeks after the deadly Oct.
Rachel Reeves had hardly stepped down from the dispatch box to make her first big statement as chancellor of the exchequer before facing a furious backlash. She had claimed to have discovered a £22bn hole in public finances upon taking office and was using it to explain why the new Labour government will not be spending big to save failing public services.
Early data on the UK economy and society. These faster indicators are created using rapid response surveys, novel data sources and innovative methods.
It's an economic truth that every time a government spends, it creates new money to do so. It does not spend what is commonly called taxpayers' money.
If bank loans create money, then repaying those loans destroys money. The money in question literally ceases to exist.
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably.
The impact of challenges facing the economy and other events on UK businesses. Based on responses from the voluntary fortnightly business survey (BICS) to deliver real-time information to help assess issues affecting UK businesses and economy, including financial performance, workforce, trade, and business resilience.
Like almost all economic truths, austerity works in the opposite way to that which most people think. It does not save money.
The pair significantly under-declared the amount of tax their company owed to HM Revenue and Customs. Raja Usman and his wife Khair Un Nisa were directors of Umbrella Care Ltd, a Derby-based company which provided workers to the care sector.
The UK household saving ratio peaked at 27.4% in Quarter 2 (Apr to June) 2020, mainly because of the suppression of consumption opportunities during the coronavirus (COVID-19) pandemic; Having decreased to 6.6% in Quarter 2 2022, the ratio has risen steadily to 11.1% in Quarter 1 (Jan to Mar) 2024. These increases have coincided with cost of living pressures, weak consumer confidence and slower growth in household consumption.
In the first half of this year, 13,390 retailers and 10,595 transportation & storage sector companies were 'born' but a whopping 14,500 retailers and 13,150 transportation & storage companies 'died'. Worse still, fewer new companies are being launched than in pre-pandemic 2019 and significantly more are failing, says the delivery expert Parcelhero.
There were 45,935 live births registered in 2023, a slight decrease of 2% on the year before and the lowest annual total since records began in 1855. Births have been falling over the long term and fell to their lowest point in 2002 before increasing to reach a recent high point of 60,041 in 2008, generally decreasing since then.
