On Monday 4th December 2023, the Prime Minister and Home Secretary announced the plan to curb immigration abuse and cut net migration. Alongside the package to restrict student dependants, is expected to mean around 300,000 people who would have been eligible to come to the UK under last year's rules, will now not be able to.
The milestone figure has been reached following the register's launch at Companies House last year. A world-first register launched to shed light on overseas property ownership in the UK now has more than 30,000 registrations.
Shares in AMTE Power based in Thurso were suspended on the Stock Exchange on 19 December 2023. AMTE Power, a high-performance battery developer, has called in administrators in a fresh blow to Britain's net zero industry.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 4.2% in the 12 months to November 2023, down from 4.7% in October. On a monthly basis, CPIH fell by 0.1% in November 2023, compared with a rise of 0.4% in November 2022.
The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023. The act gives Companies House the power to play a more significant role in tackling economic crime and supporting economic growth.
Central banks on both sides of the Atlantic kept their main interest rates unchanged for the fourth successive month in December 2023. These rates are closely watched because they set the minimum interest at which your bank borrows and lends.
Fraser of Allender Institute Explains. Shona Robison presented her first budget to parliament this afternoon.
Hard facts surrounding the latest Scottish Budget for 24/25 are published by the Scottish Fiscal Commission. Our report, Scotland's Economic and Fiscal Forecasts - December 2023, was published on 19 December 2023 setting out our five-year forecasts of the Scottish economy, tax receipts, social security expenditure and an assessment of whether the Scottish Government's projections of borrowing are reasonable.
All limited companies, whether they trade or not, must deliver annual accounts to Companies House each year. This includes dormant companies.
Acas has launched a new campaign to inform people about employment contracts. The campaign offers advice for both employers and employees.
Attacks launched by Yemen's Houthi group on commercial ships at the southern end of the Red Sea have prompted several shipping companies to divert vessels, avoiding a route that would take them through Egypt's Suez Canal in the north and its link to the Mediterranean Sea. The Iran-aligned group says the aim of the attacks is to support the Palestinians as Israel and Hamas wage war.
Money to help with heating costs is on its way to around 400,000 people on low incomes through the Scottish Government benefit Winter Heating Payment. Winter Heating Payment is paid in batches to eligible clients, with the first payments paid this week.
11.9 million Winter Fuel Payments and Pensioner Cost of Living Payments - worth over £4.8 billion - have been made to pensioners across the UK over the past month. Around 11.9 million Winter Fuel Payments and Pensioner Cost of Living Payments have been made to pensioners across the UK over the past month.
The £80m Green Recovery Challenge Fund supported 150 projects, created more than 2,600 jobs and connected more than 400,000 people with nature. More than 2,500 jobs have been created in the environmental sector thanks to the government backed Green Recovery Challenge Fund, a new report published today (21 December) shows.
The ground-breaking fusion machine, Joint European Torus (JET), has finished its course of final experiments after 40 years. The Joint European Torus (JET) has performed its final experiments, marking the end of a 40-year era for the groundbreaking machine.
Scotland's onshore GDP contracted by 0.5% in October, according to statistics announced by the Chief Statistician. This follows unrevised 0.1% growth in September 2023.
The Independent Living Fund, which supports disabled people, is to reopen to new applicants after receiving £9 million investment as part of the 2024-25 Scottish Budget. The funding forms part of the £19.5 billion budget for NHS recovery, health and social care and will support around 1,000 new applicants.
Minister for Victims and Community Safety Siobhian Brown has welcomed the Scottish Parliament's backing for new laws that will prevent killers from acting as an executor on their victim's estate. MSPs voted unanimously to pass the Trusts and Succession (Scotland) Bill, which will close this loophole, allowing a court to remove someone convicted of murder or culpable homicide from a previously nominated role of executor.
Seasonal staff should check their pay to make sure they are being paid correctly. Festive workers who may be missing out on the National Minimum Wage or National Living Wage are being urged to check their pay.
UK house prices fell by 1.2% in the year to October 2023, compared with 0. 6% in September 2023.
