Business
Scottish Government Allocates £5 Million for Hospice Staff Pay

The Scottish Government has announced an investment of £5 million aimed at improving pay for frontline staff in independent hospices. This funding, detailed in the 2025-26 Budget, is intended to align hospice salaries with those of the National Health Service (NHS), recognizing the essential palliative and end-of-life care these facilities provide.
The initiative seeks to attract and retain skilled healthcare professionals as demand for palliative care services continues to rise amid increasing workforce pressures. Scottish Labour previously urged the government to allocate funds to support hospice workers, emphasizing the importance of fair compensation for their dedicated service.
Health Secretary Neil Gray expressed his support for the funding, stating, “Independent hospices provide vital care and support to people and families across Scotland at the most difficult times in their lives. I am pleased we are able to support these organizations in supporting pay parity for their clinical staff.” He highlighted the necessity of recognizing the compassionate care provided by hospice staff daily, ensuring their pay reflects the value of their work.
Despite the positive step, concerns have emerged regarding the sufficiency of the £5 million funding. Marie Curie Scotland, a prominent hospice provider with two facilities in the country, voiced skepticism about the impact of this one-time funding boost. Amy Dalrymple, associate director of policy and public affairs at Marie Curie, noted that while the funding is welcomed, it will not resolve the long-term financial challenges facing hospices.
“Investment in hospice staff is essential. There is only one chance to get end-of-life care right,” Dalrymple stated. She also highlighted the anticipated costs associated with the UK Government’s increased employer national insurance contributions, which are expected to cost Marie Curie Scotland close to £500,000 in the 2025-26 fiscal year alone.
Dalrymple advocated for a sustainable, long-term funding strategy from the Scottish Government that addresses the inequalities in end-of-life care. “We are calling on the Scottish Government to deliver a sustainable, long-term funding plan that includes ways to future-proof the workforce, so that wherever you live, whatever your illness, you’ll be able to rely on good care right to the end,” she added.
In November 2024, hospice leaders expressed alarm over a growing “insurmountable funding gap,” warning that they might have to turn people away due to insufficient resources. They emphasized the essential role hospices play within the broader health care system, despite not being part of the NHS, and the reliance on charitable funding to meet operating costs.
Chair of the Scottish Hospice Leadership Group, Jacki Smart, welcomed the funding as a necessary acknowledgment of the hospice sector’s needs, which delivers specialized palliative care throughout Scotland. “It is right for patients and staff that hospices can pay skilled professionals fairly and in line with NHS colleagues, and we need to keep pace on this,” she stated.
This announcement follows a recent initiative by the UK Government, which unveiled a £75 million funding package to be distributed among 170 facilities in England. This funding boost is considered the largest ever for the sector, aiming to improve care services across the region. Minister Stephen Kinnock praised the impact of hospices, stating, “Hospices play a vital role in our society by providing invaluable care and support when people need it most.”
As the landscape of palliative care evolves, the Scottish Government’s commitment to hospice funding represents a significant, albeit initial, step toward addressing the pressing needs of healthcare providers and the individuals they serve.
Business
Shoppers Flock to B&M for £20 Spaceways Shelf Amid Stock Shortage

A surge of interest has emerged for the £20 Spaceways Shelf at B&M, as shoppers across the UK rush to purchase the versatile storage unit. This item, which functions as both a set of shelves and a plant stand, has captivated customers seeking budget-friendly home organization solutions. According to B&M, stock levels are dwindling as demand continues to rise.
The Spaceways Shelf, measuring 38.5 x 33 x 151 cm, is designed for both indoor and outdoor use. Available in a sleek black finish, it offers an industrial aesthetic that has appealed to many consumers. The shelf can be arranged in multiple configurations, accommodating everything from plants and books to decorative items.
B&M’s reputation for value has played a crucial role in the product’s popularity. One shopper highlighted their find in the Facebook group, Extreme Couponing and Bargains UK, prompting a flurry of responses from others eager to secure their own shelf. Comments included enthusiastic remarks like, “ooop need this for plant pots!!!!” and “Fab idea. I want one now,” showcasing the excitement surrounding the product.
Product Details and Comparisons
In addition to the Spaceways Shelf, B&M features a range of discounted items. The retailer recently offered the Boucel Barstool in Beige for just £1, significantly lower than its regular price of £20. Shoppers are particularly eager to grab this deal before it sells out. B&M frequently reduces prices to clear inventory in preparation for new arrivals, which keeps customers engaged and returning for more.
Another noteworthy item is the Peyton Leather Effect Bench, now priced at £45, down from £90. The Chicago table has also seen a price cut, retailing at £40 after a reduction from £110, reflecting a 63 percent saving. With such substantial discounts, B&M continues to attract attention from bargain hunters.
Competing retailers like Asda and Tesco are also joining the trend of discounted furniture. Asda’s luxury rattan garden set is priced at £149, while Tesco offers a similar rattan set for just £16, down from an original price of £25. These price cuts illustrate the competitive nature of the market as retailers aim to capture consumer interest.
Consumer Trends and Shopping Tips
As shoppers flock to B&M and other retailers for these deals, it is essential to approach purchasing wisely. Just because an item is on sale does not guarantee it is the best option. Comparison websites like Google Shopping, Price Spy, and Idealo can help consumers evaluate prices and select the best deals.
Overall, the excitement surrounding B&M’s Spaceways Shelf demonstrates the power of social media in influencing retail trends. As shoppers share their finds online, the demand for budget-friendly, stylish home organization products will likely continue to grow. As B&M maintains its strategy of slashing prices, consumers can anticipate more viral products in the future.
Business
First Direct Shifts to Digital-Only Statements, Impacting 1.9M Customers

More than 1.9 million customers of **First Direct** will soon experience a significant change to their savings account management. Beginning on **September 1**, the online bank will transition from paper statements to digital-only statements. This move is part of a broader trend among financial institutions aiming to enhance efficiency and reduce environmental impact.
In an email sent to customers last week, First Direct announced that all savings account holders will no longer receive paper statements via post. Instead, they will have the ability to view, download, and print their statements through the bank’s app or online banking platform. This change solely affects those with savings accounts, while other account-related information may still be sent by mail.
Customer reactions have been mixed, with many expressing frustration on social media platforms. One long-time customer remarked, “Been with **@firstdirect** for 25 years. They’re fine except for ONE thing. I want a paper statement.” Another user added, “I just got an email from First Direct telling me they will no longer send me paper bank statements,” while a third commented, “So irritating!”
### How the Transition Works
First Direct clarified that the transition to digital statements will occur automatically, meaning customers do not need to take any action to implement this change. To ensure they receive notifications when new statements are available, customers are advised to update their email addresses in the ‘profile’ section of the app or the ‘my details’ section of online banking. Once a statement is ready, customers will receive an email prompting them to log in and access their new statement.
For those who prefer to continue receiving paper statements, First Direct has made provisions for customers to opt back into this service post-September 1. This can be done by logging into their online banking, selecting “my details,” and updating their statement preferences. Assistance is available through customer service in the “message us” section of online banking or via the app.
### Trends in Banking: A Broader Perspective
First Direct’s shift to digital statements is not an isolated occurrence. Other banks are also revisiting their account management strategies. Earlier this week, **Starling Bank** announced a temporary halt on the opening of second personal current accounts, a feature that many customers relied upon to manage their finances effectively. Starling stated that this pause is necessary while they implement improvements to their services.
Additionally, **NatWest** is increasing fees associated with cash and cheque transactions, effective **August 30**. Specifically, cash payments into and out of business accounts will see a fee rise from £0.70 to £0.95 per £100. Cheque payments will increase from £0.70 to £0.75, regardless of the processing method.
In a related move, **Santander** recently disclosed plans to charge customers an annual fee of **£120** for accounts that were previously advertised as “free forever.” This decision has left many small business owners and self-employed individuals feeling misled, as they are now required to pay **£9.99** per month starting in October for business accounts.
### Maximizing Savings Potential
With many savings accounts currently offering low-interest rates, individuals are encouraged to explore options that maximize their savings. According to **Lana Clements**, Editor at Sun Savers, flexible easy access savings accounts allow customers to withdraw funds as needed, though these accounts may have fluctuating interest rates.
For those willing to lock their money away for a fixed period, a fixed-rate account typically offers better interest returns. Regular savings accounts also present an opportunity, often yielding higher rates for individuals committed to making monthly contributions. Comparison websites like **Moneyfactscompare.co.uk** and **Moneysupermarket** can help users identify the best rates available across various account types.
As these changes unfold, customers are urged to stay informed and proactive in managing their finances, ensuring their savings are working effectively for them in an evolving banking landscape.
Business
Delta Air Lines to Replace Aging Charter Boeing 757s with A321neos

Delta Air Lines, the world’s largest airline by total passengers and departures, is set to upgrade its charter fleet. The National Basketball Association (NBA) has received approval to replace its aging fleet of Boeing 757 aircraft with modern Airbus A321neos, which will be operated by Delta. This transition is expected to enhance the travel experience for NBA teams during their demanding 82-game seasons.
With a daily operation of over 5,000 flights to 325 destinations across 52 countries, Delta has long been a key player in the aviation industry. Founded nearly a century ago, the airline has built a reputation not only for its commercial services but also for its dedicated charter services for professional sports teams. Currently, Delta operates 11 Boeing 757s specifically for the NBA, a fleet that has also served teams from the National Hockey League (NHL) and Major League Baseball (MLB).
Current Charter Fleet and Transition Details
Delta’s existing charter fleet of Boeing 757s has been configured for VIP travel, featuring 32 business class and 40 first class seats, accommodating a total of 72 passengers. This setup is ideal for transporting entire professional sports teams, including players and staff. However, these aircraft are aging, with many exceeding thirty years in service.
As reported by ch-aviation, the average age of the charter Boeing 757s is significant, with some notable examples including:
– **N650DL**: 36.21 years old
– **N651DL**: 36.08 years old
– **N662DN**: 34.54 years old
The NBA’s decision to upgrade was driven by the need for more reliable and comfortable aircraft. The US Department of Transportation (USDOT) formally approved the purchase of up to 14 Airbus A321neo aircraft to replace the aging fleet. These new jets, expected to be leased from SMBC Aviation, will be tailored for the specific needs of NBA teams.
A Look at the Airbus A321neo
The Airbus A321neo, which stands for “New Engine Option,” offers several advantages over the Boeing 757. Announced in December 2010, the A321neo is designed for improved fuel efficiency and passenger comfort. It can accommodate up to 220 passengers in a typical two-class configuration but will be customized for VIP travel similar to the 757s.
These aircraft will feature modern amenities, including larger overhead bins, high-speed Wi-Fi, and improved cabin humidity—elements crucial for players traveling across North America. The A321neo boasts a maximum takeoff weight of **206,100 pounds** and a range of **3,500 nautical miles** (approximately **4,030 miles**), making it a versatile choice for the NBA’s travel requirements.
With the initial lease scheduled for September 2024, Delta Air Lines aims to ensure that the new A321neos provide a superior travel experience for NBA teams, enhancing their overall performance during the rigorous season.
As Delta prepares for this significant transition, the replacement of the Boeing 757s marks a pivotal moment in the airline’s long-standing relationship with professional sports organizations, setting a new standard for charter travel in the industry.
Business
Aberdeen Shares Surge 68%: A Look at Recovery and Challenges

Aberdeen (LSE: ABDN) shares have experienced a remarkable rebound, climbing 68% since hitting an all-time low in April. Although the once-massive dividend yield of 11.6% has diminished, the asset management firm still offers an attractive yield of 7.1%. As the company prepares to release its first-half results next week, the market is keenly observing trends that could signal a sustained recovery in its share price.
Performance Indicators and Growth Strategies
The positive momentum observed in the first quarter of this year could be a precursor to further gains for Aberdeen. Notably, the firm’s direct-to-consumer platform, interactive investor (ii), has shown impressive growth, with customer numbers reaching 450,000, including 88,000 high-value Self-Invested Personal Pension (SIPP) accounts. This growth reflects a broader trend towards individual investing, as private investors are becoming increasingly influential in market dynamics.
During the recent market volatility, particularly due to tariff-induced sell-offs, ii reported record engagement levels, averaging 24,000 trades per day. The platform also recorded four of its highest trading days in early April as private investors capitalized on lower stock prices.
Despite these successes, Aberdeen faces significant challenges. The company’s Adviser business has struggled with substantial outflows, with £600 million leaving in the first quarter of this year. This figure, while better than previous quarters, highlights an ongoing struggle to regain the confidence of independent financial advisers. In earlier periods, outflows had reached billions, emphasizing the scale of the challenge Aberdeen faces in reversing this trend.
Future Prospects and Industry Context
Looking ahead, Aberdeen aims for over 70% of its total funds to outperform benchmark indices by 2026. The firm has demonstrated strong performance in its bond funds, often exceeding 90% returns. However, concerns remain regarding its equity funds, which have generally struggled to keep pace with industry benchmarks. This issue is not unique to Aberdeen; many fund managers have found it difficult to outperform the S&P 500 without significant exposure to top-performing stocks.
The broader UK wealth industry is poised for growth, with a projected £5.5 trillion expected to be transferred from baby boomers over the next 25 years. Additionally, around 750,000 individuals are anticipated to retire annually over the next three years, which could drive demand for effective retirement solutions. As awareness grows regarding the limitations of State Pension provisions, Aberdeen, with its expertise in long-term financial planning, is well-positioned to meet this demand.
In light of these dynamics, many investors, including myself, are taking the opportunity to acquire more shares in Aberdeen. The potential for recovery and long-term value may prove beneficial for those who act decisively in the current market environment.
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