Women across the EU symbolically begin “working for free” from today, as the bloc marks the point in the calendar when pay inequality means women, on average, stop earning relative to men. With the EU…
Category:
Business
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Lakshmi Mittal, the steel magnate who dominated The Sunday Times Rich List for more than a decade, has left the UK after nearly 30 years, becoming the latest billionaire to relocate following Labour’s tax reforms.…
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A cross-party group of MPs will deliver a 152,000-signature FairFuelUK petition to 10 Downing Street on Tuesday, calling on Chancellor Rachel Reeves to cut or at least freeze fuel duty in next week’s Winter Budget.…
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The British Business Bank has published a new five-year strategic plan designed to deliver a step change in how smaller businesses across the UK access finance, following an expanded mandate and increased government backing. The…
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Business
UK launches Critical Minerals Strategy to reduce import reliance and power next-generation industries
The Government has unveiled a sweeping new Critical Minerals Strategy designed to end the UK’s overreliance on foreign suppliers of vital materials used in smartphones, electric vehicles, wind turbines and household electronics. The plan aims…
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Business
Late-night economy faces loss of 10,000 businesses and 150,000 jobs by 2028 unless Budget intervenes, industry warns
Britain’s late-night economy is at risk of losing up to 10,000 more venues and 150,000 jobs by 2028 unless the Chancellor delivers urgent support in the Autumn Budget, industry leaders have warned. The Night Time…
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Retail sales slipped in October as wary consumers delayed purchases ahead of the Chancellor’s Budget and the start of the Black Friday discount period. Sales volumes fell by 1.1%, the first contraction in three months…
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The operator of the Channel Tunnel has frozen millions of pounds of planned investment in Britain and warned that rail fares could rise after the Valuation Office Agency (VOA) proposed a 200 per cent increase…
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Business
Government unveils major AI investment package to drive UK growth and create thousands of jobs
The government has announced a sweeping package of artificial intelligence investments and reforms designed to accelerate economic growth, support national renewal and strengthen the UK’s position as a global leader in AI. Placing AI at…
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Business
Government borrowing overshoots forecast by £9.9bn, piling pressure on Reeves before Budget
The government has borrowed £9.9 billion more than expected so far this fiscal year, intensifying the economic pressure on Chancellor Rachel Reeves as she prepares to deliver next week’s Budget. New figures from the Office…