Latest News

Today

World Cup booze ban for 7,300 offenders thanks to crime-cutting alcohol tags

Streets will be safer as thousands of offenders are to be banned from drinking alcohol during the World Cup this summer as part of the Government’s commitment to cut booze-fuelled crime.   Offenders to be fitted with innovative tags that measure alcohol intake 24/7 Drinking expected to soar as fans tune in to football games from pubs and at home Tags help to protect our streets from £21 billion cost of booze-fuelled crime Statistics show that around 7,300 criminals either released from prison or serving a community sentence will be forced to wear alcohol tags at some point during the tournament.  

Today

A Critique of the Barnett Formula — and the Alternatives Scotland Could Use Instead

The Barnett Formula has shaped Scotland’s public finances for nearly half a century.  It was introduced in 1978 as a temporary fix, yet it remains the backbone of how Scotland’s block grant is calculated today.  

Today

UK Whole of Government Accounts 2024–25: Key Features & Major Problems

The Whole of Government Accounts (WGA) is the UK’s single consolidated set of financial statements covering over 10,000 public bodies — central government, NHS, local authorities, devolved governments, academies, and public corporations.  It is globally unique and is meant to give Parliament and the public a full picture of the state’s finances.  

Today

 
The Great High Street Transformation – Who Disappeared, Who Survived and What Our Town Centres Look Like Today

Walk through almost any town or city today and one thing quickly becomes apparent.   The high street is not the place it was at the turn of the century.  

Today

More support for families with childcare costs - £15 million to help low-income households pay for childcare

Third sector organisations across Scotland are being invited to apply for a grant as part of a new £15 million Childcare Support Fund to help low-income families manage the cost of childcare.   The fund will provide short-term, flexible childcare through registered childcare providers, supporting families living in, or at risk of, poverty.  

Today

Why Are So Many Businesses Still Going Bust? Looking Beyond the Insolvency Statistics

Every month, the headlines tell us how many businesses have gone into liquidation, administration or other forms of insolvency.   The numbers matter.  

Today

The Barnett Formula Explained: How Scotland’s Funding Is Really Decided - A Clear Explanation

If you want to understand Scotland’s public finances, you need to understand the Barnett Formula.  It’s one of the most important — and most misunderstood — mechanisms in UK finance.  

Today

 
Border Force secures its largest ever cannabis seizure

12 tonne haul found at Southampton Port smashes records.   Border Force has seized a record-breaking 12 tonnes of cannabis as part of a major international operation.  

Today

The Whole of Government Accounts (WGA): A Plain‑English Summary

The UK Government has published its latest Whole of Government Accounts (WGA) — a 200‑plus‑page document that attempts to show the financial position of the entire public sector in one place.  It’s one of the most ambitious public‑sector accounting exercises in the world, but it’s also notoriously dense.  

Today

Scotland’s Public Finances Explained: How Money Really Works in a Devolved Nation

Scotland has one of the most complex fiscal systems in the world — not because it’s chaotic, but because it sits halfway between autonomy and integration.  Some taxes are devolved, some are shared, some are reserved.  

Today

What Devonshire Homes’ Administration Tells Us About the UK Building Industry

The news that Devonshire Homes, a £50m‑turnover regional housebuilder, has filed a notice of intention to appoint administrators is more than a single corporate failure.  It’s a symptom of deeper stress across the UK construction and housing market.  

Today

The UK’s Biggest Government Liabilities: What They Mean for Taxpayers

The Whole of Government Accounts reveal the UK’s largest financial obligations — the debts and promises the state must honour over decades.  These liabilities are huge, and understanding them is essential for understanding future tax and spending pressures.  

Today

Caithness Weekly News Review: Community, Culture and Local Pride

Caithness has enjoyed a week defined by community spirit, youth achievement and cultural celebration, with events across the county highlighting the strength and resilience of local groups.  From music and sport to heritage and environmental work, residents once again demonstrated the energy that keeps the far north thriving.  

Today

How UK Housing Policy Impacts Builders

UK housing policy has created a system where big developers can survive, small and mid‑sized builders struggle, and overall housing delivery remains far below national targets.  The pressures come from planning rules, environmental regulations, financing conditions, and shifting government incentives — all of which shape how (and whether) builders can operate.  

Today

WGA vs OBR vs National Accounts: What’s the Difference?

The UK publishes several major financial reports, and it’s easy to confuse them.   Here’s a clear comparison of the three most important ones.  

Today

Up to £70 million investment in essential spares for UK military aircraft

The National Armaments Director (NAD) Group has awarded a £27 million contract to Leonardo (UK) Ltd to supply critical aircraft consumable spares across the UK’s entire fixed-wing and rotary-wing fleet.   The National Armaments Director Group has awarded an initial £27 million contract to Leonardo (UK) Ltd to supply critical consumable spares for the UK Armed Forces’ entire fixed-wing and rotary-wing fleet, including aircraft on live operations in the Middle East.  

Yesterday

A balanced budget for Scotland has been delivered for 2025-26

The Scottish Government’s provisional outturn for the financial year is £55.9 billion against a total fiscal budget of £56.3 billion.   The underspend of £358 million, presented to Parliament this afternoon, represents 0.6% of the Scottish Government’s total budget.  

Yesterday

FM launches £36.9 million fund to reduce drug and alcohol deaths

Three-year investment to support prevention, treatment and recovery across Scotland.   First Minister John Swinney will today call for a new collective approach to reduce deaths and harms from drugs and alcohol, as he addresses a summit on drugs deaths in Edinburgh.  

Yesterday

Volatile labour market delivers real wage falls in the private sector since October

The economic volatility of recent months has been reflected in the UK labour market with real regular pay in the private sector falling since October and the number of self-employed jobs and zero-hours contracts rising far quicker than regular employment, the Resolution Foundation said on Thursday 19 June 2026.   The latest ONS data showed a mixed picture for the labour market – with unemployment nudging down to 4.9 per cent.  

Yesterday

Has the Scottish Government Really Slimmed Down Or Just Shifted the Weight?

The Scottish Government’s March 2026 workforce statistics claim a leaner, more efficient government.  But when you look past the headline, the picture becomes far murkier.