Article content The Canadian fund that managed $255.8 billion as of mid-2024 announced its decision internally this week, said the people, who asked not to be identified because the matter is private. “We will be optimizing our footprint in the Asia-Pacific region through our offices in Singapore and Mumbai, where we have teams focused across […]
Polaron, a spin-out from Imperial College London, has developed a groundbreaking AI solution that reduces the time needed to create advanced materials—from years to mere days. This innovation could transform the production of materials used in wind turbines, electric vehicle batteries, and infrastructure, supporting the UK’s push for economic growth and net-zero targets. Polaron’s AI […]
Santander has announced plans to close 95 branches across the UK, putting around 750 jobs at risk as the bank continues to downsize its physical presence in response to changing customer habits. The latest round of closures will see Santander’s branch network shrink from 444 to 290 full-service branches, alongside five Work Cafés—co-working spaces designed […]
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 data obtained by accountancy firm Price Bailey through a Freedom of Information request reveals that HMRC’s Fraud Investigation Service (FIS) […]
Jonathan Reynolds will urge Donald Trump’s administration to exempt British steel from punitive tariffs as he embarks on high-stakes trade negotiations in Washington. On Tuesday, the Business Secretary will become the first UK minister to hold direct talks with the new Trump administration, aiming to secure crucial exemptions from the US president’s global tariff regime. […]
The pound has surged to a four-month high against the US dollar as concerns over Donald Trump’s escalating trade war spark fears of an American recession. Sterling edged up by 0.1% on Tuesday, surpassing the $1.30 threshold for the first time since November, as the US president’s hardline stance on tariffs unnerved global markets. US […]
Chancellor Rachel Reeves is wert to meet with senior representatives from eight key regulatory bodies on today, seeking to strip away bureaucracy and accelerate economic growth in the face of fresh warnings about the UK’s outlook. The Organisation for Economic Co-operation and Development (OECD) has cut its forecasts for Britain in 2025 and 2026, citing […]
Chancellor Rachel Reeves is wert to meet with senior representatives from eight key regulatory bodies on today, seeking to strip away bureaucracy and accelerate economic growth in the face of fresh warnings about the UK’s outlook. The Organisation for Economic Co-operation and Development (OECD) has cut its forecasts for Britain in 2025 and 2026, citing […]
Americans are growing ever more uneasy about Donald Trump’s aggressive tariff strategy, despite the former president’s fervent reassurances. A fresh survey by the Harris Poll reveals that, out of a list of pressing issues including inflation, healthcare, and immigration, tariffs rank as a top concern for 72% of respondents — a sizeable jump from 61% […]
Americans are growing ever more uneasy about Donald Trump’s aggressive tariff strategy, despite the former president’s fervent reassurances. A fresh survey by the Harris Poll reveals that, out of a list of pressing issues including inflation, healthcare, and immigration, tariffs rank as a top concern for 72% of respondents — a sizeable jump from 61% […]