In 1937 the English economist Joan Robinson proposed that "when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear". John Maynard Keynes, who had taught Robinson, suggested something similar a year earlier in slightly more qualified and technical terms, arguing that this would be "the most sensible way of gradually getting rid of many of the objectionable features of capitalism".
PORTREE., Dingwall & Highland Marts Ltd., (August 21 st) sold 3,379 store lambs and feeding sheep. Lambs (3,379) averaged £52.71 and sold to £105 gross for a pair of Beltex Crosses from 2B Penifiler, Portree.
From chip shops to tech start-ups, and even large, well-established companies, rising interest rates have had an impact right across the business world. After 14 consecutive base rate hikes by the Bank of England since 2021, this is causing particular problems for companies with a lot of debt.
Drugs and Alcohol Policy Minister Elena Whitham has welcomed a record fall in the number of drug-related deaths - and has reaffirmed her commitment to continue the National Mission to reduce deaths and improve lives impacted by drugs. The figures, published by National Records of Scotland, found that 1,051 people died due to drug misuse in 2022, a decrease of 279 deaths (21%) compared with 2021 and the lowest annual total since 2017.
The provisional total number of deaths registered in Scotland in week 32 of 2023 (7th August to 13th August was 1,117 (75 or 7% above the 5-year average). There were 17 deaths mentioning COVID-19.
Starting with RAF Leeming, the hydrogen power units (HPUs) will also be trialled at the Navy's HMNB DEVONPORT and the Army's Merville Barracks, Colchester. Trialling the use of hydrogen as an energy source is an important step in Defence's transition to a fleet which is zero-emissions at the tailpipe by the end of December 2027.
Schools are being encouraged to take advantage of free resources to boost cyber skills and set up aspiring young people to aim for careers in cyber. Teachers across the UK urged to sign up and access free resources to help secondary school children build skills and consider a career in cyber.
Online grabbed 27.4% of all retail sales in July, says the home delivery expert ParcelHero. That's its biggest share of the market since February 2022.
Up to £1250 is available over two years to support a review of a flock or herd, and help farmers consider health and welfare interventions that improve performance. In addition, the Scottish Government is providing additional funding in 2023-24 to help increase the provision of Official Veterinarians across Scotland.
Businesses in Scotland had 131,396 fewer unpaid invoices on their books in July 2023 than July 2022, according to new research from R3, the UK's insolvency and restructuring trade body. R3's analysis of data provided by Creditsafe shows that overdue invoice numbers in Scotland have fallen from 552,897 in July 2022 to 421,501 in July of this year - a drop of 23.8%.
The fund is provided by the Scottish Government and managed by SCVO. The objective of the fund is to provide capital funding to CLD organisations across Scotland to purchase digital devices that can be used by learners to support their learning.
Proposals to introduce electronic tracking and monitoring technology for small fishing vessels will be consulted on as part of package of new fisheries measures announced last week. The consultation proposes that vessel tracking devices will be required by Scottish commercial fishing vessels under 12 metres in length wherever they operate, and by all vessels of the that size when they operate in Scottish waters.
Reducing emissions from our buildings is one of the most challenging and important actions we can take to help end Scotland's contribution to climate change. Scotland's homes and workplaces must transform so they are more comfortable, efficient, and green and so Scottish Government is consulting on proposals for Energy Performance Certificate (EPC) reform and are seeking stakeholder views ahead of the introduction of new legislation.
Military personnel deployed on the battlefield will benefit from enhanced connectivity, following the award of an £89 million contract. UK Armed Forces to benefit from enhanced battlefield connectivity Contract will boost connection with allies on operations.
The priorities by which The Highland Council will treat roads in Caithness this winter have been approved. At the Caithness Committee meeting today (Monday 21 August 2023) members approved a winter maintenance plan for the area which includes priority road lists and maps showing the priority gritting routes.
Average rents in Scotland for new tenancies have risen by double digits for the third time in a row since the introduction of the Cost of Living (Tenant Protection) (Scotland) Act 2022, underlining what many in the industry feared from the outset that the new legislation would exacerbate the supply demand imbalance. It currently appears to be sustained in vice-like grip sending rents soaring across the country.
Leading member-owned co-operative, ANM Group has announced plans to consult over its high-level vision for the Thainstone Centre near Inverurie. It could see ambitious new plans come forward for the Thainstone based business to explore the concept of creating a new purpose-built auction centre, rural community, events and retail hub fit for the future on its own land at Thainstone, that is ready to serve its members, customers and wider community for the next 40 - 50 years.
If you're entitled to a Winter Fuel Payment for winter 2023 to 2024, you will get an extra £150 or £300 paid with your normal payment from November 2023. The full amount of Winter Fuel Payment (including the Pensioner Cost of Living Payment) you will get for winter 2023 to 2024 depends on when you were born and your circumstances during the qualifying dates.
ENOUGH announces it has raised €40 million in growth funding co-led by World Fund, Europe's leading climate tech VC, and leading food tech investor CPT Capital which continued its commitment. Other previous investors, including AXA IM Alts through the Axa Impact Fund, HAL Investments through 280ppm, Onassis Group through Olympic Investments Inc, Tailored Solutions and Scottish Enterprise also followed on.
Find out more about the Net Zero Energy Workforce Report from the National Grid, which explores the employment opportunities and skills required to help the UK's energy sector reach net zero by 2050. The UK is on a journey to reach net zero greenhouse gas emissions by 2050.