economy: Last News

Scottish Tory MSP Maurice Golden has criticised the Prime Minister's watering down of climate pledges. Writing for the Times, the north east list MSP said the announcements made last week from Downing Street were "regressive".

Glasgow City Council will pay a staggering £1.5billion to rent its own buildings over 30 years to settle £770million of equal pay claims.

Jennifer Maas TV Business Writer Warner Bros. Discovery is giving DC Studios a primary production hub at its U.K.-based TV and film studio Warner Bros. Studios Leavesden, the home of HBO’s “House of the Dragon,” amid a sprawling plan to expand the location by more than 50% capacity and 10 sound stages.

Additional projects to provide more new homes for tenants and residents across North Lanarkshire have been added to a council initiative.

Offshore works are now underway at the £48 million Millport Flood Protection Scheme on the Isle of Cumbrae and will involve the construction of breakwaters between small offshore islands.

The Prime Minister insists 'very credible people' had discussed the possibility of a meat tax and compulsory car sharing before he 'ruled them out' in yesterday's eyebrow-raising speech. Rishi Sunak this week revealed his latest environmental plans at a press conference on Wednesday (September 20).

Seeing the Northern Lights is something on the top of most people’s bucket lists and Iceland is one of the best places to spot them during the winter months. For a limited time Icelandair is offering a holiday package deal with flights, accommodation and tours all included for less than £500 per person.

There are 3,000-plus reasons to celebrate the success of a scheme that’s nurtured the talents of Greater Manchester’s self employed workforce.

The Prime Minister will deliver a speech today in Downing Street at 4.30pm.

The rising cost of living has slowed down slightly according to surprise new official figures. The Office for National Statistics (ONS) says annual inflation stood at 6.7% in August, down from 6.8% in July.

Manchester needs a bigger city centre with more office space, 126,000 more homes around it and better transport links if it is to grow like London, a new report has recommended. The Resolution Foundation has said that, despite perceptions, Greater Manchester is 'still at the foothills' of its economic revival.

Over 800,000 families could be in for an electricity bill shocker if they fail to take action by the end of March 2024.

The cost of living will continue to rise as the UK is set to have the highest inflation rate out of the world's most advanced economies this year.

A new online petition argues that the State Pension is “too low” and should be increased to match the National Minimum Wage. If that sounds like a familiar proposal it’s because another petition, which has received more than 36,700 signatures of support, has made a similar proposal, but was rejected by the Department for Work and Pensions (DWP) last month.

It’s not just parents who are worrying about the cost of living crisis – now children are all too aware too. With more than half of UK parents unable to contribute to their kids’ financial future, and many families slipping into debt, children as young as eight are now taking matters into their own hands by starting to save up for house deposits and university fees.

A multi-million pound revamp of Ashton-under-Lyne’s market square with a huge new ‘feature canopy’ has been given the green light.

Scotland needs to add more than 20,000 skilled workers to the construction sector to retrofit all our homes and buildings for the green revolution, a new expert report has said.

Universities contribute almost £5billion to Greater Manchester's economy and support tens of thousands of jobs, according to a new report.

Patrick Frater Asia Bureau Chief Japan has unveiled details of a location production incentive scheme that it hopes will attract more film and TV shoots to the island nation. The scheme offers reimbursement of up to 50% of qualifying expenditure in Japan, with an upper limit of JPY1 billion ($6.4 million) on the disbursement. The scheme is the product of the Ministry of Economy, Trade Industry and two agencies, the Visual Industry Promotion Organization, described as the program operator, and the Japan Film Commission, described as the program coordinator. The scheme is open to “large-scale international film and television projects.” These must have either minimum direct production spending in Japan of $3.2 million or, in the case of projects distributed in ten or more countries, have Japanese production spend higher than $1.1 million. Additionally, all projects must fulfil four other criteria: benefit to the Japanese content industry through employment or use of studios; shoot in Japan; promote the location where the filming took place; help the global appeal of Japanese works. Significantly, the guidelines make no reference to the eligibility of post-production or visual effects work conducted in Japan.

Kicking off this morning with a defence of the iconic gig space’s “economic and cultural importance” and “not being one of those venues that’s on the police’s radar”, the two-day hearing at Lambeth Council will determine whether or not the Academy Music Group can continue to operate their licence at the building. The venue was forced to shut its doors following a fatal crowd crush that occurred at an Asake concert back in December.The event — which left two dead and one in critical condition — ultimately led to the Academy having its licence suspended.

Legendary Glasgow venue The Arches is set to open as a nightclub for the first time in almost 10 years.