London’s black cab industry is at risk of disappearing entirely by 2045 if current trends continue, according to a new report by Centre for London. The research highlights a dramatic decline in the number of…
Business
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HM Revenue & Customs (HMRC) has significantly increased the number of Research and Development (R&D) tax relief claims it has “corrected” using controversial powers, sparking concerns that the tax authority is bypassing due process. New…
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Elon Musk’s Starlink internet service has been installed at the White House, raising fresh concerns over potential conflicts of interest as the billionaire’s influence within the Trump administration continues to grow. The New York Times…
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Rachel Reeves is under pressure to ramp up government spending on research and development (R&D) to £30 billion by the end of the decade, as business leaders warn that the UK risks falling behind global…
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As the Spring Statement approaches, the UK’s small and medium-sized businesses (SMEs) are holding off on major investment decisions, despite strong ambitions for growth. New research from independent funder Bibby Financial Services (BFS) shows that…
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Donald Trump’s threat to impose a 200% tariff on wine and champagne imports from the European Union could provide an unexpected boost for English sparkling wine, as US importers look for alternatives to French champagne.…
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Britain’s two largest steelmakers have warned that President Donald Trump’s tariffs are already causing a decline in business from American customers, with further economic damage expected in the months ahead. Tata Steel, which operates from…
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AstraZeneca abandoned plans for a £450 million expansion of its vaccine site in northwest England after the UK government failed to meet a critical funding deadline, the company’s UK chairman has told MPs. The FTSE…
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The UK government’s decision to integrate artificial intelligence into public sector operations has raised concerns over potential job losses, particularly within the civil service. However, leading software consultancy Scott Logic has argued that the adoption…
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Angelos Frangopoulos says Ofcom investigation is part of a political campaign against free speech The chief executive of GB News has accused far-left activists of waging a “coordinated political campaign” against the channel after Ofcom…