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News
Food industry warns price rises will accelerate unless government steps in
3+ hour, 10+ min ago (572+ words) The Food and Drink Federation has forecast food inflation to hit 3.9% in December, before peaking at 6.4% next July. When the US and Israel attacked Iran six months ago, economists warned the conflict could make the food we eat more expensive…...
Fixed mortgage rates jump with ‘more moves expected in coming days’
1+ day, 11+ hour ago (336+ words) Some average fixed mortgage rates have increased to reach their highest level in weeks or months, as lenders respond to changing market conditions, according to a financial information website. The average two-year fixed homeowner mortgage rate on the market on…...
UK inflation rises by to 2.9% after Iran war fuelled increase in gas prices
2+ week, 6+ day ago (113+ words) It follows a 13% hike in Ofgem’s energy price cap last month, which increased the average gas and electricity bill by £221. UK inflation has jumped to its highest rate since March after energy prices were pushed up by the Iran war,…...
UK economy contracts for first time since last August
2+ mon, 3+ week ago (551+ words) Britain’s economy contracted last month for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors. The Office for National Statistics (ONS) said gross domestic product (GDP) declined by…...
Growth to slow and unemployment to jump to two million, says CBI
2+ mon, 4+ week ago (384+ words) The Confederation of British Industry warned that around 200,000 more Britons were on track to become unemployed. UK economic growth is set to falter and unemployment will worsen as the conflict in the Middle East and rising energy costs weigh on…...
Scottish pig farmers hit by slump in pork prices
3+ mon, 2+ week ago (584+ words) Pork producers have faced a drop of 15% in price since the beginning of 2026 - and fear for the future of the industry. Scottish pig farmers say they are facing one of the worst downturn in decades as a glut of pork…...
Make economic growth the number one priority, business group urges Swinney
3+ mon, 2+ week ago (606+ words) John Swinney must work “tirelessly” with businesses to make growing the economy the “defining priority” of his Government, the industry has warned. CBI Scotland said the First Minister is now in a “race against time” to deliver economic growth amid…...
Number of Scots in work falls by 34,000 over three months
3+ mon, 2+ week ago (236+ words) New figures for January to March also showed a rise in the number of people in Scotland who are unemployed Scotland’s unemployment rate remained lower than the UK’s – despite the number of people in work falling by 34,000 over the last…...
Sales fall for second month in row amid ongoing conflict in Middle East
3+ mon, 3+ week ago (127+ words) Figures showed total sales in Scotland fell by 1.2% in April compared with the same month last year, when they had increased by 4.5%....
Savers warned about ‘leaking bucket’ accounts that may leave them worse off
3+ mon, 3+ week ago (182+ words) Even those putting their money away into the most competitive cash savings deals may have seen the real value of their pots decrease....