New Households Below Average Income (HBAI) data for 2022-23, released today by the DWP, sheds fresh light on the cost of living crisis, with households across the income distribution experiencing a fall in real household incomes during this period, due to an inflation hit of 10 per cent. The share of people living in absolute poverty rose from 17 to 18 per cent (up by 600,000 people to 12 million), with the child poverty rate jumping by 2 percentage points to 25 per cent (up by 300,000 to 3.6 million children).
Caithness and Sutherland are magical parts of Scotland. With their ruggedly beautiful scenery, historic homes, adventurous activities and, of course, fine whisky, they're a must-see destination.
the Department for Work and Pensions released the latest official statistics on household incomes, poverty and income inequality, covering April 2022 to March 2023. As well as being the first official data on household incomes since the cost of living crisis reached its peak, this is also the final release before the next general election, and so is a key source for measuring how material living standards have evolved during this parliament.
What this video to Find out about payroll software and how to use it to send reports to HMRC HMRC is the UK's tax, payments and customs authority. We collect the money that pays for the UK's public services and help families and individuals with target financial support.
The just transition to a green economy, one that doesn't leave workers behind, is also a matter of intra- and intergenerational equity. Transformation requires a resilient workforce, with social protection, employment and skills.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership Act receives Royal Assent. UK poised to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group later this year as the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act receives Royal Assent Business and Trade Secretary Kemi Badenoch signed the accession treaty for Indo-Pacific bloc last July following two years of negotiations With the UK as a member CPTPP will account for 15% of global GDP - worth £12 trillion in 2022 The UK is today [20 March] one step closer to joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) later this year, as the new Trade (CPTPP) Act received Royal Assent.
CPI inflation fell to 3.4 per cent in February, confirming the fastest 12-month fall in inflation since 1978 and bringing inflation to its lowest level since September 2021, the Resolution Foundation said. This latest fall takes UK inflation within touching distance of US CPI inflation (3.2 per cent), although remains above the euro area (2.6 per cent), having experienced far higher inflation in recent months.
A military laser which could boost the UK Armed Forces with greater accuracy while reducing the reliance on high-cost ammunition has reached its next milestone. During a trial at the MOD's Hebrides Range, the DragonFire laser directed energy weapon (LDEW) system achieved the UK's first high-power firing of a laser weapon against aerial targets.
Covering the period until March 2023, the latest statistics show little recent change in poverty levels for children and pensioners. Poverty for working-age adults is slightly higher than in recent years, which could be driven by people becoming economically inactive as a result of the pandemic.
The proposals, which are subject to parliamentary approval, will include the following: a standard online application made from within the UK will rise to £88.50 for adults and £57.50 for children a standard postal application will increase to £100.00 for adults and £69.00 for children a standard online application when applying from overseas will rise to £101.00 for adults and £65.50 for children a standard paper application when applying from overseas will increase to £112.50 for adults and £77.00 for children The new fees will help ensure that income from these applications better meets the cost of delivering passport and associated operations, reducing reliance on funding from general taxation. The government does not make any profit from the cost of passport applications.
The Chief Statistician has released figures on 2022-23 farm incomes. These show that average income increased to its highest level since 2012-13, after adjusting for inflation.
Igniting innovation: With the help of DASA funding, engineers from the University of Glasgow successfully test-fired a rocket that eats itself for fuel. With the help of DASA funding, the University of Glasgow has successfully test-fired an autophage rocket that consumes its own fuselage for fuel This technology can help significantly reduce the dry mass of launch vehicles, increasing payload fraction and facilitating miniaturisation DASA played a key role in offering a flexible and outcome-oriented funding approach, which helped the engineers achieve their objective of demonstrating the feasibility of the self-eating rocket.
The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 20 March 2024, the MPC voted by a majority of 8-1 to maintain Bank Rate at 5.25%.
SSEN Transmission, part of leading electricity infrastructure company SSE, welcomes today's (19 March 2024) publication by National Grid ESO (the ESO) of its ‘Beyond 2030' report. Today's publication builds on the ESO's ‘Pathway to 2030' Holistic Network Design from 2022 which established the blueprint for the electricity transmission network infrastructure required to enable the UK Government’s 2030 50GW offshore wind target, which included around 11GW of ScotWind generation.
SSEN Transmission has this week published its new Innovation Strategy which sets out the foundations for driving and implementing transformative innovation and recognising innovation as a tool to deliver a reliable and resilient network for net zero. The new strategy has been developed benefitting from horizon scanning and engagement at every level to ensure that it not only complements other strategies across SSEN Transmission but also aligns with the needs of stakeholders and customers.
Smoking Kills and it is well proven for tobacco but do vapers need to await statistics to prove what we all know - putting chemicals in your body probably leads to serious health problems. Public Health Minister Jenni Minto has welcomed the introduction of proposed legislation to ban the sale of tobacco products to anyone born on or after 1 January 2009 and allow tougher measures on vaping.
Statement by Ambassador Archie Young at the UN General Assembly for the 68th Session of the Commission on the Status of Women. Societies flourish when all people, especially women and girls, can thrive, complete their education and take control over their own lives; when women can take up positions of power and leadership in politics and in business; when women and girls have access to the rights and services that make this possible.
The independent Inclusion at Work Panel has today published a report on the state of equality, diversity and inclusion (EDI) business practices in the UK. Expert panel sets out how employers can move beyond ineffective diversity and inclusion practices.
The main aim of the New Routes programme is to reduce reoffending in Scotland by supporting individuals to reintegrate into their communities beyond their prison sentence and build a sustainable future through inclusion in society. The scheme provides mentoring and support six months pre-release and post-release from prison.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.8% in the 12 months to February 2024, down from 4.2% in January. On a monthly basis, CPIH rose by 0.6% in February 2024, compared with a rise of 1.0% in February 2023.
