HM Revenue and Customs (HMRC) has launched a digital tool to help businesses estimate what registering for VAT may mean for them. The VAT Registration Estimator has been developed after feedback from small businesses suggested an online tool would be helpful to show when their turnover could require businesses to register for VAT and its effect on profits.
Monthly real gross domestic product (GDP) is estimated to have grown by 0.4% in May 2024 after showing no growth in April 2024 (unrevised from our last publication). Real gross domestic product is estimated to have grown by 0.9% in the three months to May 2024 compared with the three months to February 2024, driven by a growth of 1.1% in services output.
A package of measures to help ensure refugees and people seeking asylum are supported to make their new communities their home has been unveiled. The New Scots Refugee Integration Strategy: Delivery Plan 2024-2026 - developed by the Scottish Government, Scottish Refugee Council and COSLA - includes commitments to work with employers to help them recruit refugees, to identify ways to improve English language provision and to ensure services are co-ordinated effectively.
The international community cannot waver in the face of relentless Russian aggression, the Prime Minister will told NATO yeserday. Prime Minister Keir Starmer recommits to £3 billion a year of military support for Ukraine until 2030/31 and for as long as needed He will warn Allies that the frontline defence of the Euro-Atlantic region is the Ukrainian trenches.
We estimate that monthly services output increased by 0.3% in May 2024, following an increase of 0.3% in April 2024 (upwardly revised 0.1 percentage points). The Index of Services (IoS) saw monthly increases in 8 of the 14 sectors in May 2024 with the largest contribution to monthly growth coming from "wholesale and retail trade, repair of motor vehicles and motorcycles" (1.8%); the next largest increases were "professional, scientific and technical activities" (1.0%); and "accommodation and food services activities" (2.4%).
Defence Secretary John Healey joined allies and partners in signing a document establishing a framework for the international capability coalition to supply drones for Ukraine. We, nations of the Drone Coalition, recognize the importance of the support for Ukraine in its fight against Russia's aggression.
The value of goods imports decreased by £2.3 billion (4.7%) in May 2024, primarily driven by a fall in imports from the EU. The substantial fall in imports from the EU was because of a fall in imports of machinery and transport equipment, following a rise seen the previous month.
Highland Council's multi-award-winning renewable energy installation, Hydro Ness, has scooped another national design award. Hydro Ness and designer Leslie Hutt Architect received a prestigious Royal Institute of Architects in Scotland award at a ceremony at the National Galleries of Scotland on 3 June 2024.
Monthly production output was estimated to have risen by 0.2% in May 2024; this follows an unrevised fall of 0.9% in April 2024. The monthly increase in output for May 2024 resulted primarily from a rise of 0.4% in manufacturing, which was supported by smaller contributing increases in water supply and sewerage (0.4%) and mining and quarrying (0.1%); these rises were partially offset by a fall in electricity and gas (1.9%).
Find answers to questions about space junk, the risk to satellites in orbit, and how space sustainability can help, as well as the UK Space Agency's work to address these issues. Space plays an increasingly crucial role in our daily lives, and the issue of space debris looms large on the horizon.
The 92 remaining hereditary peers in the House of Lords are a historical anachronism that preserves privilege for the aristocracy when that should have been gone long ago. It is time for them to go.
Our plan will create and save vital bus routes by allowing communities to take back control of bus services through franchising or public ownership. Louise Haigh visits Greater Manchester on her first official visit, with a pledge to support local leaders to deliver better buses.
There was a significant jump in stockpiling by UK companies in the period 17-30 June, in the run-up to the general election and crunch new economic data. The delivery expert Parcelhero says retailers and manufacturers must ensure their supply chains are robust enough to absorb unexpected challenges.
Now in it's third year, the Fusion Industry School ‘opened its doors' again in York from the 17th to the 20th June. Over 50 delegates - from private fusion companies, wider fusion industry and UKAEA convened at the iconic Guild Hall in York to hear from key note speakers on various fusion topics - from microwave heating to materials science ; diagnostics to digital design.
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Six talented young people working at Highlands and Islands Enterprise (HIE) over the past two years have secured permanent positions, bringing fresh perspectives and valuable skills to HIE's economic and community development efforts. Anna Fraser, 26, studied Business and Management at the University of the Highlands and Islands.
A £4.9m project in Caithness to restore one of the last water-powered grain mills in Scotland has been hailed as a great example of how funding can be used to leverage more investment into the region. Highlands and Islands Enterprise (HIE) approved a £250,000 contribution to the project led by the John O'Groats Mill Trust to restore the disused John O'Groats Mill, which it acquired in 2020 along with two adjacent holiday cottages and 9.5 acres of land.
Thistle Wind Partners (TWP) has submitted the offshore scoping report for the Ayre offshore wind project to the Scottish government. The developer submitted the documentation to the Marine Directorate - Licensing & Operations Team to request a Scoping Opinion under the environmental impact assessment (EIA) regulations.
NHS Highland is pleased to announce the launch of a new initiative to support pregnant women traveling from Caithness to Inverness for childbirth. Recognising the challenges faced by expectant mothers during long journeys, a comprehensive new map of accessible toilet stops that are happy to welcome soon-to-be mums, has been created to help ensure comfort and convenience.
HMRC has published its latest figures on non-domiciled tax payers, covering 2023. The figures show; 12,900 non-domiciled taxpayers arrived in the UK in the 2023 tax year, up 18% on the previous year, HMRC believes there are now 74,000 non-domiciled taxpayers in the UK, up 7% year-on-year.
