Uk Government

Inverness and Cromarty Firth Green Freeport (ICFGF) last week reached a historic milestone in establishing the Highlands as a major international hub for the offshore wind and renewable energy sector. A memorandum of understanding (MoU) creating a formal framework for co-operation and responsibiliti

The UK government has announced a new “Pride in Place” programme, dedicating £292 million to regenerate some of the most deprived communities across Scotland. The investment, part of the UK Shared Prosperity Fund, aims to empower local areas to improve their high streets, boost loc

UK government borrowing soared to £83.8 billion in the first five months of the fiscal year, the highest for this period in the last five years.

The UK government has announced £150 billion in new US investment in the UK, timed to coincide with President Donald Trump's state visit.

The Institute of Chartered Accountants of Scotland (ICAS) has responded to the government’s landmark package of consultations on the future of the UK’s sustainable finance framework. ICAS has urged stakeholders to actively contribute their feedback since the June launch of the highly ant

Angela Rayner has resigned as Deputy Prime Minister, Housing Secretary, and Deputy Leader of the Labour Party after an ethics inquiry found her in breach of the ministerial code. The investigation, led by the independent adviser on ministers' interests, Sir Laurie Magnus, followed Ms Rayner’s

Deputy Prime Minister and Secretary of State for Housing Angela Rayner has admitted to underpaying stamp duty by £40,000 on a property purchase but has attributed the error to incorrect professional advice. The admission follows days of denials and has left the Housing Secretary fighting for h

Chancellor Rachel Reeves has confirmed her second Budget will be delivered on Wednesday, 26 November, setting the stage for a critical fiscal statement amid a turbulent economic backdrop. After a challenging first year in power, the UK government is under pressure to stabilise the economy following

The UK government has announced its most significant legislative reforms in 25 years to support small businesses, aiming to tackle the crippling issue of late payments and unlock access to finance. The new measures, part of a "Plan for Change", are designed to give the UK the toughest late payment l

Glasgow City Region has been announced as one of three UK cities and regions receiving at least £30 million each from the UK government to unlock new, locally led innovation that can improve lives across the country.

The Institute of Chartered Accountants of Scotland (ICAS) has expressed its concern at the news the UK government is no longer planning to bring forward the already delayed and long promised audit reform and corporate governance bill in the current Parliamentary session, despite a draft bill ap

A major innovation programme has helped manufacturers across Scotland reduce energy costs by 28% and cut carbon emissions by approximately 30% by making better use of their data. The Data Lab, Scotland’s centre for data and artificial intelligence, played a key role in delivering the £53

UK government borrowing has reached a higher-than-expected £20.7 billion in June, fuelled by soaring debt interest payments that place Chancellor Rachel Reeves under increasing pressure ahead of her Autumn Budget.

The UK government has announced a review of the state pension age and revived the Pension Commission to tackle a looming retirement crisis, amid warnings that future pensioners are on track to be significantly poorer than today's. Work and Pensions Secretary Liz Kendall has initiated the legally req

Chancellor Rachel Reeves has unveiled a package of reforms for the UK’s financial services industry, aimed at cutting red tape and stimulating much-needed economic growth. Billed as the most significant overhaul in over a decade, the "Leeds reforms" are intended to reinvigorate an economy that