An independent review, the Lilac review, has highlighted significant challenges faced by disabled entrepreneurs in the UK, identifying inaccessible support services, poor access to finance, and the “burden of proof of disability” as key issues that need addressing. The provisional findings from this government-backed review, launched in February and jointly chaired by Kevin Hollinrake (Minister […]
The forthcoming election presents a significant opportunity to rethink the role of business in society, according to Chris Turner, campaign director of the Better Business Act. Speaking to a Barbican audience during a panel event celebrating the third Better Business Day, Turner emphasised the potential for the Better Business Act to fundamentally change how firms […]
German businesses plan to increase investment in people and production in the UK, but more needs to be done to improve post-Brexit trading, say leading business and tax advisory firm, Blick Rothenberg. Nils Schmidt-Soltau, a Partner at the firm, said: “A recent survey by the German-British Chamber of Commerce found that most UK-based German businesses […]
We know being active is great for your physical health, but when your body feels good your mind does too. Yetunde Bankole, Lead Mental Health and Wellbeing Coach at Vitality explains that’s why this year’s Mental Health Awareness Week focussed on movement, and the power it has to strengthen and improve your mental health. At […]
The UK enjoys a competitive advantage in a third of green products and services, positioning itself ahead in the global race to achieve net zero, according to a new report by the Institute for Public Policy Research (IPPR), a progressive thinktank. Despite experiencing four decades of industrial decline, the IPPR highlighted that UK firms are […]
Tesco is under fire from charities struggling to distribute unwanted food to homeless and hungry people due to new rules requiring evening-only collections. The supermarket giant has transitioned to a system where charities must collect surplus food, such as items nearing their best-before dates, only in the evening when stores close, rather than the following […]
OpenAI has launched GPT-4o, the latest iteration of its AI chatbot, promising enhanced speed, conversational prowess, and expanded capabilities. This new version, available to all ChatGPT users, introduces features like image analysis, language translation, and emotion recognition, along with improved memory for recalling past interactions. GPT-4o boasts faster response times and a more natural conversational […]
The UK economy is poised for accelerated growth this year, with analysts revising GDP forecasts upwards following robust first-quarter performance that saw GDP expand by 0.6%, marking the fastest growth in nearly three years. Investment banks and City consultancies have responded positively to the data, signalling a brighter economic outlook and increased momentum for recovery. […]
London-based specialist lender Simply Asset Finance has reached a significant milestone, posting a record annual revenue of £52.3 million for the fiscal year 2023, marking a remarkable 37% increase from the previous year. This achievement underscores the growing trend of small and medium-sized enterprises (SMEs) seeking alternative financing options over traditional big banks. Despite challenges, […]
Former Chancellor Nadhim Zahawi has confirmed to the BBC that he paid nearly £5 million to authorities to settle his tax affairs. The settlement was related to an investigation by HMRC into the allocation of shares in YouGov, a polling company he had founded before becoming an MP. Mr. Zahawi expressed regret for not being […]