Today's plan follows a review of the cash savings market and a roundtable held with banks in early July. The FCA found that while interest rates on savings accounts have been rising, this has been happening more slowly for easy access accounts.
Energy Security Secretary Grant Shapps welcomes report from Nick Winser, the UK's Electricity Networks Commissioner, and will consider the recommendations before presenting an action plan. Electricity Networks Commissioner Nick Winser review will help UK take full advantage of its renewable energy success.
Richard Murphy - Funding the Future, challenges the Bank of England decision on interest rate rises and what it may mean going forward. If there is one thing that I should be grateful to the Bank of England Monetary Policy Committee for it is that their incompetence provides me with seemingly endless material for this blog.
Economist Tejvan Pettinger looks at the problems if there is a big fall in housing values. High interest rates and falling house prices will fundamentally alter both the housing market, and also the economy.
A staggering sixty-five per cent of women's working hours are unpaid every week and excluded from official measures of economic activity, an Oxfam report has found. Radical Pathways Beyond GDP highlights how unpaid care - which accounts for forty-five per cent of all adults' working hours each week globally - is excluded from gross domestic product (GDP) calculations.
HMRC interest rates for late payments will increase following the Bank of England interest rate rise to 5.25%. The Bank of England Monetary Policy Committee announced an increase to the Bank of England base rate from 5.00% to 5.25% on 3 August 2023.
The Commercial team at Dounreay is committed to ensuring strong working relationships with the supply chain. The launch of Dounreay's supply chain newsletter will help us to keep the supply chain informed on current events on site and will be distributed quarterly.
Britain's first quarterly goods exports results for 2023 have significantly surpassed the same period last year. Exports to the UK’s key partners, the EU and USA, put Q1 2022’s figures firmly into the shade, says the international delivery expert ParcelHero.
The Bank of England has announced a .25% rise in the interest rate. Economists predict rates may still rise further next month.
The tireless work of Highland Council's Electric Vehicle (EV) Team has enabled the local authority to take huge strides toward the decarbonisation of its fleet and help tackle the ecological and climate emergency. The EV team has successfully promoted behavioural change towards decarbonising transportation and the significant developments that work has delivered has accelerated the transition to low carbon transport for the Council and its communities.
The Bank of England has today increased base rate by 0.25%, up from 5.00% to 5.25%. Moneyfactscompare.co.uk has analysed the average rates offered across savings and mortgages and considers what this decision may mean for consumers moving forward.
Unmanned Aerial Vehicle flights are successfully flown on the Sellafield site. Drone pilots have successfully completed 2 flight firsts on the Sellafield site leading the way to increased safety of employees during decommissioning.
New plans for heat network customers to receive fairer prices for cleaner heating. New rules for heat network customers to receive fairer prices for cleaner heating.
The UK has been leading NATO's air policing mission in Estonia for the last four months, demonstrating the UK's commitment to the Alliance and security in Europe. Royal Air Force personnel have returned to the UK after leading NATO's Baltic air policing mission in Estonia for four months, during which pilots intercepted 50 Russian aircraft and flew for a combined total of more than 500 hours.
A new life sciences company has been welcomed to Inverness Campus. Local health provider, Alert Health, has relocated its new clinic to a larger unit in the award-winning Aurora House, which is owned by Inverness Campus developer, HIE.
Do you even think about how much top executives get paid for running national charities before you make a donation. More and more people are shocked the levels now existing.
Engagement with four communities and site evaluation work underway. The Geological Disposal Facility (GDF) Report has been published (29 June 2023) and sets out significant progress of the programme to deliver a safe and permanent solution for the UK's most radioactive waste.
Thirteen new community diagnostic centres are opening across England to deliver more than 742,000 additional scans, tests and checks a year. The Elective Recovery Taskforce - formed last year to identify ways to cut waiting times - publishes plan to maximise independent sector capacity to treat NHS patients more quickly.
Leading figures from business, trade unions, equality groups and academia are coming together to advise the Scottish Government on its fair work agenda. Chaired by Wellbeing Economy Secretary Neil Gray, the Fair Work Oversight Group meets for the first time today (Thursday, 3 August 2023) and will help ensure that policies deliver on the aim of creating a fair, green and growing economy.
A provocative Channel 4 satirical programme, The British Miracle Meat, has led to hundreds of complaints to media regulator Ofcom. The mockumentary depicts ordinary Britons facing the cost of living crisis selling thin slices of their tissue to an innovative factory that uses it to grow lab meat.
