Institutional investors have offloaded the pound at the fastest pace since 2023 in anticipation of this week’s spring statement, where Chancellor Rachel Reeves is expected to unveil £15 billion in spending cuts as part of…
Business
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Office for National Statistics (ONS) data suggests more than a third (36%) of all small and medium-sized enterprises across the country engage in innovative activities. Despite this, fewer than 6% appear to submit R&D tax…
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Chinese electric vehicle manufacturer BYD has overtaken Tesla in global revenue, cementing its position as a serious contender for dominance in the electric vehicle (EV) market. The Shenzhen-based company reported a 29 per cent surge…
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Let’s set the scene: the LGBTQ+ community is making waves in the business world. From emotive branding to creative startups, their presence is stronger than ever. And it’s not just a passing moment, it’s a…
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Are you seeking means to globalize your business? If that is the case, you require more than only a commendable business product or service. A good strategy can help you globalize your business. Globalization is…
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In the constantly shifting world of content creation, AI detection tools have become both a blessing and a curse. For many content creators, the ability to leverage AI assistance while maintaining authenticity has become crucial.…
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Finding ways to reduce outgoings, economise, and minimise tax exposure has perhaps never mattered more for businesses than it does right now. Changes in business rates and continual increases in everything from utilities to supplier…
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Business
Millions of DNA records at stake as 23andMe files for bankruptcy and CEO quits to bid for business
Genetic testing giant 23andMe has filed for bankruptcy protection in the US as it seeks to sell off its business — placing the personal genetic data of millions of customers in a precarious position. The…
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Business
Trump’s steel tariffs put £2.7bn of UK exports at risk as British manufacturers brace for impact
British manufacturers are facing fresh uncertainty as Donald Trump’s sweeping new steel and aluminium tariffs threaten more than £2.7 billion ($3.43bn) worth of UK exports to the United States — a move that is already…
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The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due to declining foreign investment, falling export share and a drop in…