News Archive

2/7/2026

 
Trading Standards - Holiday Booking Scams on Social Media

A recent survey by Opinium has found that 34% of holidaymakers have noticed an increase in potential scams on social media platforms over the past year.   Over 50% of holiday scams reported last year originated on social media, with many adverts fraudulently using logos from travel protection agencies such as ATOL, ABTA, or ABTOT to appear legitimate.  

2/7/2026

Gen Z have higher incomes than their millennial predecessors and are staying longer at the ‘Hotel of Mum and Dad’

Young people born from the mid-1990s onwards are enjoying higher living standards than their millennial predecessors so far in their careers, in part by becoming the stay-at-home generation, according to new Resolution Foundation research published (26 June 2926).   They’re coming home – supported by the Economic and Social Research Council (ESRC) funded Centre for Population Change, as part of the Connecting Generations research programme – uncovers a mixed picture of the living standards of today’s under-30s, all in the context of the huge social change that is the shift to living with parents deep into adulthood.  

2/7/2026

 
The New Fed Chair's Plan to Cancel $39T Debt Crisis: Top Economist - Steve Keen

In 2026, Kevin Warsh steps into the most powerful economic role on earth Federal Reserve Chairman inheriting America's staggering $39 trillion debt.   World-renowned economist Steve Keen, who famously predicted the 2008 global financial crisis, delivers a sobering warning: Warsh is "cut from the same cloth" as every Fed chair before him.  

2/7/2026

 
Public to have their say on National Lottery Good Causes

The government is launching a 12-week call for evidence asking the public to help shape the future of National Lottery Good Cause funding.   The government is launching a 12-week call for evidence asking the public to help shape the future of National Lottery Good Cause funding Since 1994, players of the National Lottery have generated over £53 billion for good causes across the UK, funding everything from Olympic and Paralympic champions and iconic institutions to local youth clubs and community halls For 12 weeks, anyone can take part in the ‘National Lottery Good Causes: Fund What Matters to You’ call for evidence.  

2/7/2026

 
The Dark Side of China’s Economic Dominance - Tejvan Pettinger

If everything seems to be made in China these days, it’s probably because it is.   China manufacturers roughly the same amount of goods as the US, Japan, and Germany combined.  

2/7/2026

 
Where is the next crash coming from? - Richard Murphy

The media thinks government debt will cause the next financial crash.   I think they’re looking in entirely the wrong place.  

2/7/2026

 
Slow progress in reforming post-school education and skills

The Scottish Government’s intentions to reform post-school education and skills lack a clear delivery plan.  Progress is slow.  

2/7/2026

Targeted subsidies, rather than wasteful tax breaks, are needed for firms to tackle Britain’s NEETs crisis

Firms have a critical role to play in hiring Britain out of its NEETs crisis – but targeted subsidies, rather than expensive tax breaks, are the most cost-effective way of supporting employers to get young people into work, according to new Resolution Foundation analysis, published on Monday.   Take a chance on me warns that Britain’s NEETs crisis – the number of young people not in employment, education or training (NEET) passed one million earlier this year – risks scarring the living standards of a generation.  

1/7/2026

The UK’s Major Transmission Upgrades (2024–2040) - Could Scottish Government Apply A Levy for Income?

These projects come from National Grid ESO’s Pathway to 2030, Beyond 2030, and Ofgem approvals.  They represent the largest expansion of the UK’s electricity network since the 1960s.  

1/7/2026

Is Britain Ready for the New Commodity Economy?

Britain has spent decades worrying about inflation, interest rates and economic growth.  Yet the next great economic challenge may not be financial at all.  

1/7/2026

Preparing for the New Economy: How Families and Businesses Can Build Resilience in an Age of Higher Costs

For years, we assumed that most goods would become cheaper, deliveries would arrive on time and borrowing would remain relatively affordable.   That world may be changing.  

1/7/2026

Are We Entering a New Economic Era? From Globalisation to Scarcity, Security and AI Power

Every so often, the global economy doesn’t just change direction—it changes character.   The post-war era was defined by rebuilding and industrial expansion.  

1/7/2026

 
Waiting Times For Medial Appointments in Scotland Improving But So Slowly It Will Take Years To Get The Backlog down

The Scottish Government is right to highlight that there has been measurable progress, particularly in reducing the number of people waiting more than a year.  However, when you examine the underlying Public Health Scotland statistics, a more nuanced picture emerges.  

1/7/2026

The New Global Scramble: How AI, Defence and Net Zero Are Competing for the Same Resources

For much of the twentieth century, the world's great economic battles centred on one commodity—oil.   Nations went to extraordinary lengths to secure it.  

1/7/2026

The AI Power Boom: Where the New Energy Infrastructure Will Rise And What It Means for the Highlands

Artificial intelligence is no longer just a software revolution—it’s becoming one of the largest physical infrastructure build‑outs in modern history.  Microsoft, Amazon, Google, Meta, Oracle, OpenAI, xAI and others are collectively committing hundreds of billions of dollars per year to AI data‑center expansion.  

1/7/2026

Scotland's Councils Aren't Running Out of Money – They're Running Out of Choices

The latest Scottish Government local government finance figures reveal a story that is both reassuring and worrying.  Councils are not collapsing financially, nor are they suddenly awash with cash.  

1/7/2026

The Coming Local Government Crunch: Five Difficult Decisions Every Scottish Council May Soon Have to Make

For years, Scotland’s councils have been operating under financial pressure.  Budgets have risen, but so too have costs, demand, and statutory obligations.  

1/7/2026

The Dollar, the Fragmenting World Economy, and Why Scotland No Longer Has Its Own Banks

The global economy is shifting.  Sanctions, trade wars, geopolitical rivalry, and the rise of regional blocs are slowly pushing the world toward a more fragmented, multipolar financial system.  

1/7/2026

New Housebuilding and Affordable Housing Supply 2025-26 in Scotland But The Target Looks Very Hard To Reach

There were 17,268 new homes built and 14,955 new builds started across the social and private sector in 2025-26.   On the basis of the latest figures, the Scottish Government is behind the pace required to meet its own affordable housing target, although it is still too early to say that the target is impossible to achieve.  

1/7/2026

Welfare reforms saving taxpayer £1 billion come into force

Reforms to the Motability scheme come into force today (1 July 2026), saving taxpayers £1 billion by 2030 while protecting disabled people's access to cars, scooters and powered wheelchairs.   Reforms to the Motability scheme to ensure fairness for taxpayer, whilst still supporting disabled people’s mobility, come into force today.