Unprecedented government support helped to ensure that typical disposable incomes didn't fall over the course of the pandemic, and actually rose for poor families, in marked contrast to the biggest income squeeze in a generation that Britain is currently living through, the Resolution Foundation said on Thursday 23 March 2023 in response to the latest Households Below Average Income (HBAI) statistics. The DWP’s latest HBAI statistics for 2021-22 offer a detailed look at the impact of the pandemic and its aftermath on living standards.
The following information is for the latest survey period 8 to 19 March 2023, based on adults in Great Britain. When asked about the important issues facing the UK today, the most commonly reported issues continue to be the cost of living (91%), the NHS (84%), the economy (71%), and climate change and the environment (57%).
70 aircraft flown by six nations have taken part in the UK's biggest aerial training exercise lasting three weeks. Pilots from five nations have joined the Royal Air Force for the UK's biggest aerial training exercise this week, which boosts interoperability and helps to develop joint tactics in the air.
A surprise rise in inflation last month - with CPI rising from 10.1 to 10.4 per cent - will further complicate the decision over what to do about interest rates when MPC members meet tomorrow, the Resolution Foundation said in response to the latest ONS prices data. The inflation rise in February was against market expectations of a fourth consecutive monthly fall in the inflation rate.
Tim Reid, CEO of UK Export Finance, the Albanian Prime Minister and Finance Minister will today outline their £4 billion ambition for a closer export relationship. This could deliver a minimum of £800 million in value to businesses across the UK.
Tuesday 20 December 2022 - a Reaper struck a Daesh target in northern Syria. Royal Air Force aircraft have continued to conduct armed reconnaissance patrols against elements of the Daesh terrorist network in Syria, as well as supporting, as required, the Iraqi authorities' efforts to keep Daesh out of their country.
Seafood businesses and marine organisations in Scotland's coastal communities are set to benefit from a new year of funding through Marine Fund Scotland. A total of up to £14 million of funding will be available in 2023/24 to encourage the sustainable use of marine resources for economic growth, support livelihoods and jobs whilst preserving the health of marine and coastal ecosystem.
Skills boosting sustainability challenge launched for young workers in the Highlands and Islands. Highlands and Islands Enterprise (HIE), Zero Waste Scotland, and business transformation enterprise, Fuel Change are teaming up to launch a region-wide sustainability challenge to boost young workforce skills.
Visits to the UK increased from 3.0 million in September 2022 to 3.2 million in October 2022 and remained at 3.2 million in November 2022. Spending by overseas residents visiting the UK rose from £2.6 billion in September 2022 to £2.7 billion in October 2022; spending decreased in November 2022 to £2.1 billion.
Ukrainian Ambassador thanks British people for standing ‘shoulder to shoulder' with Ukraine. The government has hailed the British public's generosity and their enduring commitment to freedom one year on from the first Homes for Ukraine arrival.
DINGWALL, Dingwall & Highland Marts Ltd, (March, 22nd) sold 16 Young Farmers over-wintered cattle at their annual sale, kindly sponsored by John M Munro Butchers, Craiglands Quarry, Cloy Farm & Animal Health Highland. Bullocks (7) averaged 342.3p and sold to 539.0p per kg and £2,400 gross for the Overall Supreme Champion, Haltered Champion and 1st Prize Purchased Haltered Bullock a 445kg British Blue cross from Tilly Munro, Invercharron Mains, Ardgay.
DINGWALL, Dingwall & Highland Marts Ltd, (March, 22nd) sold 874 store cattle, 73 OTM cattle. Bullocks (480) averaged 288.8p per kg and sold to 340.2p per kg for a 485kg Limousin cross from Invercharron Mains, Ardgay and £1,900 gross for a 330kg Limousin cross from Teandalloch, Beauly.
The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22 March 2023, the MPC voted by a majority of 7-2 to increase Bank Rate by 0.25 percentage points, to 4.25%.
Small and medium UK businesses are being held back post-pandemic by a reluctance to adopt new technologies, experts have warned. Experts from TelephoneSystems.Cloud have warned that the future of many SMEs is at risk after the pandemic accelerated technological change across the wider business sector.
Arport by Emma Congreve. Emma is Deputy Director and Senior Knowledge Exchange Fellow at the Fraser of Allander Institute.
The latest poverty statistics, covering the period to March 2022, show little recent change in poverty levels for children, working-age adults and pensioners. Two out of the four child poverty measures in the Child Poverty (Scotland) Act (relative and absolute poverty) are broadly stable.
With the Easter school holidays nearly here, HM Revenue and Customs (HMRC) is reminding families in Scotland not to miss out on UK Government help to pay for childcare. Tax-Free Childcare can pay for any approved childcare for children aged 11 or under, or 16 if the child has a disability.
Jo Thorne of Wealth club comments on the latest interest rate rise. Rates rise 0.25% to 4.25%.
Small scale producers are set to have access to a range of new support designed to create more localised supply chains and cut food miles. The Scottish Government's Small Producers Pilot Fund aims to help individual small producers increase their resilience and enhance their contribution to the rural economy.
The new law is designed to protect those working on vessels operating an international service from being paid less than the National Minimum Wage. act designed to boost the pay of seafarers with close ties to the UK receives Royal Assent, as government continues to crack down on unfair practices.
