Breadcrumb Trail Links Innovation News Canada’s Digital Services Tax, enacted last June, could be on the chopping block as trade negotiations continue Published Feb 14, 2025 • Last updated 32 minutes ago • 4 minute read United States President Donald Trump in the Oval Office at the White House in Washington, D.C. Photo by Andrew Harnik/Getty […]
TikTok is once again available for download in the US, after former president Donald Trump granted a 75-day extension on enforcing a law that would ban the app unless its Chinese owner, ByteDance, sells its US operations. The popular video-sharing platform, which has more than 170 million American users, briefly disappeared from Apple and Google’s […]
Concerns are mounting that UK businesses could face steeper trade taxes after former US president Donald Trump announced plans to introduce “reciprocal tariffs” that factor in VAT. Trump has instructed his team to develop a system where tariffs on imports match levies imposed on US goods, potentially affecting trade with the UK. While Britain was […]
The government has issued new guidance instructing public sector buyers to make it easier for small businesses to win a larger share of the £400 billion spent annually on goods and services. The national procurement policy, which comes into effect on 24 February, encourages 20,000 public agencies to simplify tendering processes for small and medium-sized […]
JP Morgan has ordered its 14,000 London-based employees back to the office full-time—only to find that it does not have enough desks to accommodate them. The US investment bank, which operates from Canary Wharf and the City, is now scrambling to increase its desk space after scrapping its hybrid working policy, which previously allowed staff […]
Scottish salmon exports soared to a record-breaking £844 million in 2024, cementing its status as the UK’s top food export, driven by booming sales in France and the United States. HMRC trade data revealed a 45 per cent year-on-year increase, comfortably surpassing the previous high of £618 million in 2019. Export volumes also surged, rising […]
Retailers in London’s West End missed out on £640 million in sales last year due to the removal of tax-free shopping for international visitors, according to new research. Figures from the New West End Company, which represents businesses in the district, reveal that the revenue lost from tourist spending increased from £400 million in 2023, […]
A majority of high-net-worth individuals (HNWIs) who backed Labour in the last election now regret their decision, as confidence in the UK economy nosedives, according to a new survey. The poll, conducted by wealth manager Saltus, found that two-thirds of affluent voters who supported Sir Keir Starmer’s party in July now wish they had not. […]
Plans to demolish the Beehive Centre in Cambridge and replace it with offices, labs, and community spaces have been recommended for refusal by Cambridge City Council. The council’s planning officer cited concerns that the proposed redevelopment near Coldham’s Lane would significantly reduce daylight and sunlight for neighbouring residents, potentially impacting their quality of life. Railpen, […]
Inflation in the United States rose unexpectedly to 3% in January, fuelling speculation that the Federal Reserve may keep interest rates higher for longer. Data from the Bureau of Labour Statistics showed inflation increasing from 2.9% the previous month, defying analysts’ expectations that it would remain unchanged. On a monthly basis, prices rose by 0.5%, […]