British carmakers and manufacturers have welcomed the newly signed UK-US trade deal, which includes a significant reduction in tariffs on automotive and steel exports, offering long-awaited relief to key industrial sectors. The agreement — the first struck under President Trump’s renewed trade agenda — eliminates proposed American tariffs of 27.5% on British steel and reduces […]
Salmon Scotland, the trade body representing the UK’s largest food export, has called on the UK Government to pursue further negotiations with the United States after it was confirmed that a 10% tariff on Scottish salmon exports will remain in place under the newly announced UK-US trade deal. Speaking after discussions with UK Food Security […]
Electric vehicle (EV) sales in the UK continued to surge in April, with battery electric cars claiming more than one in five new registrations, even as petrol and diesel car sales sharply declined — a development hailed by campaigners as a “clear signal” of public support for the shift to cleaner transport. According to the […]
The UK’s green energy ambitions have suffered a serious setback after Danish energy giant Ørsted cancelled plans for Hornsea 4, one of the country’s largest proposed offshore windfarms, citing soaring supply chain costs and financial risks. Hornsea 4, expected to power 1 million homes with its 2.4GW capacity, was the fourth phase of the Hornsea […]
A growing number of wealthy Americans, scientists, and students are eyeing the UK as political instability under President Trump’s second term pushes them to look for safer ground — reversing a decades-long brain and wealth drain to the US. Lawyers, estate agents, and immigration experts are reporting a sharp spike in interest from affluent and […]
In today’s interconnected world, the foundation of successful business lies in authentic human connections. Leaders who embrace in-person meetings tap into the unique benefits of face-to-face interactions – such as building trust, interpreting nonverbal cues and fostering creativity that virtual meetings often lack. Mark Hooper, founder of hospitality experience platform Go Privilege, the piece explores […]
Swedish fintech giant Klarna has hit a major milestone in the UK, surpassing 11 million active customers and reporting 30% revenue growth in 2024, making the UK its third-largest market globally. The AI-powered payments and commerce network has also doubled its UK merchant base to 60,000, partnering with high-profile brands including Argos, eBay, Eurostar, and […]
Small food businesses across Britain are warning that the government’s new packaging tax could have catastrophic consequences, forcing price rises, damaging cashflows and even putting some companies out of business. The “extended producer responsibility” (EPR) levy, announced in December, requires any company with more than £1 million in annual sales and using over 25 tonnes […]
The founder of Mojo, a men’s sexual health and wellbeing app, has warned that HMRC’s aggressive crackdown on research and development (R&D) tax credits risks punishing genuine innovators, as his company battles a demand to repay more than £400,000. Xander Gilbert, 35, said he dreads the arrival of each new brown envelope from HMRC, after […]
Made Smarter, the Government-backed programme helping manufacturers embrace digital technologies, has launched a new £1 million funding round aimed at accelerating digital transformation across the North West’s manufacturing sector. The initiative, now in its seventh year, is offering match-funded grants of up to £20,000 to help small and medium-sized manufacturers adopt cutting-edge technologies such as […]