Uk Government

MPS are considering implementing a new exploration licence ban signalling the beginning of the end for the North Sea oil industry.

Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned. On Thursday, Chancellor Rishi Sunak announced that the contactless payment limit in shops would rise to £100.

The UK Government, through UK Research and Innovation (UKRI), is investing £153 million to develop new products and services based on advances in quantum technologies that will have a significant impact on financial services.

The UK Government has laid draft regulations in Parliament that implement the requirement for mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase.

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.

The UK Government has announced enhanced financial support for the seafood industry with cash grants for seafood and aquaculture businesses across the UK.

Economy secretary Fiona Hyslop is calling on the UK Government to provide further support to companies struggling to trade with the EU post-Brexit. Urgent financial assistance is needed to help small businesses hire customs agents to deal with the additional bureaucracy involved with importing from

UK Government borrowing hit £8.8 billion in January making it the highest January figure since record began in 1993, according to new figures from the Office for National Statistics (ONS).

The UK Government has provided the Scottish Government with an additional £1.1 billion to support people, businesses and public services affected by the coronavirus pandemic.

The UK Government has announced a £20 million SME Brexit Support Fund to support small and medium-sized businesses (SMEs) adjust to new customs, rules of origin, and VAT rules when trading with the EU.

A £70 million investment in economic growth for Argyll and Bute was agreed today with the formal signing of the area’s rural growth deal. The rural growth deal (RGD) brings together £25m each from the Scottish and UK Governments, and at least £20m via Argyll and Bute Council

UK bosses have hit out at a government plan to shake up the audit industry by imposing fines and bans on directors for inaccuracies in their companies’ accounts.

The UK’s new, empowered audit watchdog will not be launched until April 2023 despite business secretary Kwasi Kwarteng’s pledge to prioritise reforming the sector after a series of accountancy scandals.

More than 150,000 job seekers across the UK will benefit from new employment support, helping them build their interview skills, find local vacancies and quickly get back into work.

The UK Government has confirmed that Scottish firms exporting fish and shellfish to the EU who can prove they have suffered 'genuine loss' due to Brexit red tape will be able to claim up to £100,000 in compensation.