Protectionist trade policies, such as those proposed by Donald Trump, may inadvertently harm U.S. manufacturing firms by increasing input costs, leading to reduced investment, according to a study from the Frankfurt School of Finance & Management. With tariffs central to Trump’s economic vision, manufacturers may face higher costs on imported goods if he is re-elected, […]
The UK Government has launched GOV.UK Forms, a new digital tool designed to make it faster and easier for the public to access essential government services online. Following a successful pilot phase, the platform is now set for rollout across all government departments, allowing citizens to complete applications and forms online without the need for […]
In its first Autumn Budget, the Labour government has committed £500 million to improve broadband speed and mobile coverage across the UK, with a particular focus on rural areas. Chancellor Rachel Reeves highlighted that the funding will bolster ongoing projects like the £5 billion Project Gigabit, targeting 99% gigabit broadband by 2030, and the £1 […]
Shoplifting in the UK has reached unprecedented levels, with over 1.2 million cases recorded by police forces since April 2019, according to data obtained by Personal Injury Claims UK. The surge is particularly pronounced in 2023, with 344,709 offences logged—a 30% rise over the previous year—marking a new 20-year high in England and Wales. The […]
In a major shift affecting family-owned businesses, the Chancellor has announced that Business Property Relief (BPR) will be reduced to 50% from April 2026, exposing thousands of family firms to inheritance tax for the first time in decades. While previously exempt, business assets will now incur an effective 20% tax when passed to the next […]
Aston Martin Lagonda, Britain’s only carmaker listed on the London Stock Exchange, is grappling with substantial financial setbacks, missing all 2024 targets as production cuts, supply chain issues, and a steep drop in Chinese demand impact performance. The luxury automaker, led by new CEO Adrian Hallmark, is burning through cash at over £1 million a […]
Amid ongoing uncertainty around electric vehicle (EV) adoption timelines, demand for Land Rover and Range Rover plug-in hybrids (PHEVs) has surged. Jaguar Land Rover (JLR), the West Midlands-based, Indian-owned automotive group, has reported a 29% increase in global sales of its PHEV models for the first half of its financial year, ending in September. This […]
In her debut Budget, Chancellor Rachel Reeves has introduced £40bn in tax hikes, largely focused on increasing employer National Insurance Contributions (NICs) and implementing a temporary repatriation facility for non-domiciled individuals. According to Nimesh Shah, CEO of Blick Rothenberg, while pre-Budget rumours had suggested sweeping tax changes, the actual announcements were more focused, though still […]
Wealthy individuals threatening to leave the UK to avoid expected tax increases should “f— off,” according to Dale Vince, green energy tycoon and major Labour donor. Vince, who has donated £5 million to Labour, dismissed as “profoundly stupid” the idea that higher taxes could harm UK entrepreneurship, asserting that those solely interested in low taxes […]
Data centre investment in the UK is being stymied by delays in securing electricity supply, according to David Sleath, CEO of Segro, one of the country’s largest commercial property developers. Speaking on Times Radio, Sleath expressed his frustration at the long wait times for grid connections, which can stretch to several years, preventing Segro from […]