Category: Finance News

Feb 28

Instagram weighs standalone reels app amid TikTok uncertainty in the US

Instagram is reportedly considering spinning off its short-form video feature, Reels, into a standalone application. The move, revealed by Instagram chief Adam Mosseri in a meeting with staff this week according to tech publication The Information, could intensify competition with TikTok, whose future in the United States remains precarious. TikTok, owned by Chinese firm ByteDance, […]
Feb 28

Trump signals readiness for swift UK-US trade deal during Prime Minister’s Washington visit

President Donald Trump has given fresh hope for a rapid trade agreement with Britain, declaring that threatened tariffs “wouldn’t be necessary” if negotiations progress as he anticipates. The remarks came at a joint press conference with Prime Minister Sir Keir Starmer, who visited the White House seeking closer economic ties, clarity over US sanctions policies […]
Feb 28

Timber in construction gets major boost as government pledges new roadmap

Ambitious plans to promote timber as a primary building material and spur economic growth were outlined at the Timber in Construction (TiC) Summit in London. Environment Minister Mary Creagh announced an updated TiC Roadmap, designed to accelerate the UK’s adoption of timber-based builds, reduce carbon emissions, and ease the nation’s housing shortage. Under this expanded […]
Feb 28

Incredible British craftsmanship in demand as 80% of UK-made saddles sold worldwide despite export hurdles

A centuries-old craft at the heart of British manufacturing is under mounting pressure to navigate complex global trading obstacles, as fresh data reveals that 80% of UK-produced saddles are shipped overseas—particularly to the USA, Europe and Australia. Despite the prestige and international regard for British leatherworking, industry leaders warn that post-Brexit regulations, export financing, and […]
Feb 28

Chancellor urged to bolster UK’s late-stage entrepreneurs in spring statement or risk exodus

The Chancellor, Rachel Reeves, must use her upcoming Spring Statement to unveil targeted measures that will keep the UK’s late-stage entrepreneurial firms from seeking more fruitful investment avenues abroad. Simon Gleeson, a Partner at leading audit, tax and advisory firm Blick Rothenberg, argues that failing to support home-grown unicorns and pre-IPO companies could damage the […]