Category: Bussiness

government rolls out British Industry Supercharger measures to put Britain’s energy-intensive industries on competitive footing with global counterparts energy intensive industries (EII) including steel will save an estimated £320 million – £410 million in 2025 Around 370 businesses employing 400,000 skilled workers around the country are set to benefit from lower costs as a result...

28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Over one million properties protected from higher bills by freezing the small business rates multiplier for a fourth consecutive year Government backs British businesses as it sticks to the plan to cut taxes,...

The board of Thames Water was locked in crunch talks on Wednesday as shareholders prepare to dilute a pledge to inject funds into the company that would secure its survival. Sky News has learnt that the directors of Britain’s biggest water company met to discuss its financial future after months of talks involving debt and...

Expert panel sets out how employers can move beyond ineffective diversity and inclusion practices New research finds employers aren’t properly equipped to implement EDI policies that are based on evidence, and are resorting to ineffective, polarising practices Review of the latest evidence finds high workplace spending on EDI initiatives but poor results and low understanding...

Major package of reforms to support small businesses in PM’s first economic speech since the Spring Budget  £60 million new investment to enable up to 20,000 more apprenticeships, including for young people and small businesses  Unnecessary regulatory burdens to be slashed through Brexit freedoms saving around £150 million per year for thousands of small businesses...

UK launches talks with Turkey on a trade deal targeted at the UK’s strengths as a services superpower Trade Secretary Kemi Badenoch launched negotiations in London today alongside Turkish Trade Minister UK negotiation objectives focused on creating new opportunities for UK businesses in Turkey’s growing market of 85 million people The UK today [Thursday 14...

Britain’s economy is on the road to recovery. After a dismal end to last year as soaring living costs forced households to cut back their spending, official figures show growth returned in January with a modest 0.2% increase. The early signals show that the UK is on track to emerge from a minor recession within...

Texas is the largest and eighth US state to conclude a trade pact with the UK, bringing the combined GDP to £5.3 trillion – a quarter of US GDP Statement of Mutual Cooperation will strengthen trade between the UK and Texas Pact will benefit key sectors including energy, life sciences, and professional services   The UK...