More than 3m UK households owe £2.7billion on 'buy now, pay later' (BNPL) borrowing, according to a new analysis by economists at the Bank of England. The figures, which showed those aged between 25 and 34 were the most likely to use it, shed light on the extent of the unregulated practice.
Joseph Rowntree Foundation's analysis shows the weekly Universal Credit standard allowance is £35 less than the cost of essential items for a single person, contributing to millions of people forced to use food banks because they can't make ends meet. Read more about why so may are forced to use Foodbanks.
Foster Care across the UK has been in crisis for some time. Covid highlighted the problems followed by the fast increase in the cost of living.
LOCHMADDY, Dingwall & Highland Mart Ltd, (August 28th) sold 2,344 store lambs. Lambs (2,344) averaged £73.47 and sold to £160 gross for a pair of Cheviots from 24 Liniclate, Benbecula.
12 projects awarded a share of £5 million to reduce rates of fatal drug overdoses, as part of Vaccine Taskforce style approach to tackle health challenges. Projects will look at how AI and other innovative technologies can detect overdoses to alert healthcare professionals, family and local communities to provide emergency lifesaving support to people who use drugs.
The Scottish Fiscal Commission has today published an evaluation of its December 2021 economy, devolved taxes and social security forecasts used to set the 2022-23 Scottish Budget. Since Scottish income tax outturn data is published later, the report evaluates the income tax forecast used in setting the earlier 2021-22 Scottish Budget.
Leading military trauma surgeons from Defence Medical Services and the Royal Centre for Defence Medicine shared their skills with Ukrainian medical personnel. Lieutenant Colonel James Baden, a specialist in reconstructive surgery following combat injury, led the UK team delivering training to six Ukrainian medical professionals.
Excellent discussion with Russell Brand. Russell demonstrates a sound grasp of the reality of numerous situations and asks perceptive and challenging questions.
Foreign Secretary James Cleverly will visit the Philippines and meet with President Ferdinand Marcos Jr and Foreign Secretary Enrique Manalo. Foreign Secretary James Cleverly will visit the Philippines to discuss the new UK-Philippines Enhanced Partnership.
DINGWALL, Dingwall & Highland Marts Ltd., (August 29th) sold 13 Prime Cattle. Prime Bullocks (2) averaged 279.1 per kg (N/C) and sold to 290.0p per kg and £1,917.00 gross.
An annual update on Homelessness Statistics covering 2022-23 has been released by Scotland's Chief Statistician. Findings for that period show: There were 39,006 applications for homelessness assistance - an increase of 3,247 (9%) compared with 2021-22, and higher than pre-pandemic (37,053 in 2019-20).
The families of more than 316,000 under-16s were benefitting from Scottish Child Payment by the end of June this year, according to the latest official statistics. New figures published today show the payment of £25 per week, which is unique in the UK, was reaching 316,190 - an increase of more than 13,000 compared to 31 March 2023.
Climate campaigners are highlighting research shows that two carbon storage fields in Norway have experienced unpredictable carbon movement underground and reduced storage capacity. The projects are held up as the industry gold standard.
More work is required on reducing alcohol-related harm, Drugs and Alcohol Policy Minister Elena Whitham has said. Ms Whitham reaffirmed the Scottish Government's focus on measures to tackle alcohol abuse, as the latest statistics show a small rise in deaths caused by alcohol.
Richard Murphy professor of Accounting has recently produce some podcasts that will educate you on the subject of money in the economy. the podcasts are short and very easy to understand and with some of his knowledge you may begin to doubt the word of many politicians and others.
Full-service law firm Thorntons is opening its first office in Inverness as part of its ambitious growth plans. The firm has secured modern premises within Beechwood Business Park with space to develop a significant legal presence in the city.
Well worth looking at and the failure to answer worrying questions about increased myocarditis after the covid vaccine..
Political economist @RichardJMurphy tells @SangitaMyska how Labour should raise tax funds ‘all from the wealthiest' - as Rachel Reeves pledges to scrap the Wealth Tax. See the short interview HERE You can follow Richard Murphy and sign up for his regular newsletters at www.taxresearch.org.uk.
Scottish Government deputy first minister Shona Robison confessed in a meeting with NFU Scotland that the £33m ring-fenced cash may not even be returned to farmers next year, and that the SNP executive may dip further into agriculture funds to fix a £1bn budget black hole. It was "deferred" from during the government's Emergency Budget Review in 2022 with then-finance secretary John Swinney promising the cash would be returned in future years.
The British energy regulator Ofgem has announced the energy price cap for the last quarter of 2023, including early winter. Gas and electricity should be slightly cheaper than last year, but they are still too expensive.