Only 6% of UK businesses have confidence in the UK Government to deliver economic growth in 2023. The survey, by accountancy network Moore UK, found that the majority of UK businesses do not have confidence in the Government to stimulate economic growth this year. There is considerable pessimism about the UK’s economic prospects in 2023. The International […]
UK businesses overpaid £11.9bn in corporation tax the past year says UHY Hacker Young, the national accountancy group. UHY Hacker Young warns businesses that HMRC will not automatically refund them if they overpay corporation tax. They must reclaim any overpayment themselves – and if they fail to realise they have overpaid, they will miss out […]
LinkedIn has become the latest tech firm to axe jobs, closing 716 roles out of a 20,000 workforce. The social media network which focuses on business professionals will also phase out its local jobs app in China.In a letter by the company’s chief executive Ryan Roslansky, he said the move was aimed at streamlining the […]
British businesses are increasingly worried about access to funding, with new data showing banks are reducing SME lending. According to figures from fintech firm Iwoca, 77 per cent of brokers said that high street banks are reducing their appetite to fund SMEs. The information was collated from more than 100 SME finance brokers who submitted […]
Ryanair has agreed a $40bn (£31bn) deal with Boeing that will see it purchase up to 300 new aircraft over the next decade. Half of the 737-MAX-10 order has been described as firm, with the remaining being options. The airline claims this is the largest order ever placed by an Irish company for US manufactured […]
Breadcrumb Trail Links News Economy Fewer people think they are worse off financially than last month More Canadians said they believed the national economy would strengthen over the next 60 days, according to the Maru poll. Photo by Peter J. Thompson/National Post Article content Canadians appeared to reach for some optimism regarding the economy and […]
Breadcrumb Trail Links News Economy For India and Canada to solidify their relationship, the will have to overcome several obstacles Get the latest from Naimul Karim straight to your inbox Sign Up People in a marketplace in Mumbai, India, on April 24. Photo by Rajanish Kakade/AP Photo Article content Indian Commerce and Industry Minister Piyush […]
The UK government risks sleepwalking into a confrontation with WhatsApp that could lead to the messaging app disappearing from Britain, ministers have been warned, with options for an amicable resolution fast running out. At the centre of the row is the online safety bill, a vast piece of legislation that will touch on almost every […]
Bramble Energy, an innovator in fuel cell technology, has joined forces with Equipmake, Aeristech and the University of Bath to develop a revolutionary new hydrogen double-deck bus integrating Bramble’s revolutionary, low-cost printed circuit board fuel cell (PCBFCTM) technology. Bramble Energy is the lead partner of the Hydrogen Electric Integrated Drivetrain Initiative (HEIDI) which has received […]
Britain’s manufacturing leaders have given a damning verdict on a decade of “flip-flopping” by Conservative governments and demanded a non-partisan industrial strategy established by a royal commission and overseen by a council independent of ministers. The industrial and manufacturing employers body Make UK will warn today that without a new industrial policy companies will remain […]