A £26.3 million equivalent loan backed by UK Export Finance has allowed the Ukrainian government to start rebuilding bridges near Kyiv. A £26.3 million equivalent loan backed by the UK Government has allowed the Ukrainian government to start rebuilding six bridges and reopen vital supply routes near Kyiv.
The Scam. According to recent analysis by Lloyds Bank, someone in the UK experiences a shopping scam online every seven minutes, costing consumers more than £27m a year.
Worrying inflation data will reinforce market expectations that the Bank will need to raise interest rates higher and for longer, which are driving the increase in mortgage rates, the Resolution Foundation said on Wednesday 21 June 2023. Inflation data in May was once again above market expectations.
The amount of unpaid UK tax has remained at an all-time low of 4.8%, HM Revenue and Customs (HMRC) revealed today (22 June 2023). The annual Measuring Tax Gaps publication estimates the difference between the total amount of tax expected to be paid and the total amount of tax actually paid, which has remained the same as last year's revised estimate of 4.8%.
Over 200 employers are today (21 June 2023) being named by government for failing to pay their lowest paid staff the minimum wage. 202 businesses named for failing to pay the minimum wage to lowest paid workers.
DINGWALL, Dingwall & Highland Marts Ltd., (June 20th) sold 19 Prime Cattle. Prime Bullocks (11) averaged 276.3p per kg (-29.4p) and sold to 291.0p per kg and £2,001.00 gross.
Investment of UK companies abroad (outward) and foreign companies into the UK (inward), including investment flows, positions and earnings, by country, component and industry. Both the inward and the outward foreign direct investment (FDI) positions (stocks) increased in 2021 compared with 2020; the value of the UK's inward position increased by £83.1 billion to £2,002.4 billion, while the outward position increased by £16.0 billion to £1,769.3 billion.
DASA and the Nuclear Decommissioning Authority (NDA) hosted a demo day to showcase the progress of 10 projects funded through the Remote Monitoring of Sensitive Sites competition. 10 novel technologies funded through the Remote Monitoring of Sensitive Sites competition were showcased at a demonstration event held at the Satellite Applications Catapult.
Lorna Slater has survived a vote of no confidence by the conservatives in her position as circular economy minister, with opposition attempts to oust her failing at Holyrood. On Tuesday evening MSPs voted down the motion by 68 votes to 55.
The annual inflation rate for transport eased slightly from 1.6% in April 2023 to 1.3% in May. This continues the broadly downward trend in the rate seen since June 2022.
The Caithness Business index started on 29th April 2001 as an extension of Caithness.org. 22 years later it has surpassed the traffic of the parent site.
Food and non-alcoholic beverage prices rose by 18.4% in the year to May 2023, down from 19.1% in April and from 19.2% in March, which was the highest annual rate seen for over 45 years. The latest easing in the annual rate reflects a monthly rise of 0.9% between April and May 2023, compared with a larger 1.5% increase between the same two months a year ago.
Producer input prices rose by 0.5% in the year to May 2023, down from a rise of 4.2% in the year to April 2023. Producer output (factory gate) prices rose by 2.9% in the year to May 2023, down from a rise of 5.2% in the year to April 2023.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 7.9% in the 12 months to May 2023, up from 7.8% in April. On a monthly basis, CPIH rose by 0.6% in May 2023, compared with a rise of 0.6% in May 2022.
Eyes in the sky: this competition seeks novel low cost and adaptable autonomous air systems to give the UK an advantage. DASA has launched a new Themed Competition: Affordable and Adaptable Unmanned Air Systems Autonomy.
The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland. Average UK house prices increased by 3.5% in the 12 months to April 2023, down from 4.1% in March 2023.
Reservists are an important part of Strategic Command, bringing outside skills and experience to benefit Defence. Reservists balance their civilian life with a military career, giving up their spare time to serve in the Reserve Forces.
As the USA pushes ahead with its controversial clean energy marketplace reforms, its trading partners across the pond are responding to America's ‘green awakening'. France has announced a new 100% wind-powered cargo trimaran service and a fleet of ten 1,000 teu wind-assisted transatlantic container ships.
Public sector net borrowing (PSNB ex) in May 2023 was £20.0 billion, £10.7 billion more than in May 2022 and the second-highest May borrowing since monthly records began in 1993, with the growth in receipts being exceeded by the additional costs of the energy support schemes and increases in both benefit payments and staff costs. PSNB ex in the financial year to May 2023 was £42.9 billion, £19.6 billion more than in the same two-month period last year and £2.1 billion higher than the £40.8 billion forecast by the Office for Budget Responsibility (OBR).
Major conglomerates, international corporations, retail chains and businesses across the world signal their backing for Ukraine at recovery conference. Major conglomerates, international corporations, retail chains and businesses across the world signal their backing for Ukraine at recovery conference held in London.
