Prime Minister Rishi Sunak has urged the UK to become a global leader in developing international regulations and guidelines around artificial intelligence, ahead of a meeting with US President Joe Biden next week. Following the UK’s white paper issued earlier this year which highlighted the benefits of AI, the prime minister is rapidly changing his […]
The CEO and co-founder of UK fraud detection platform, Pasabi, has addressed delegates at the Marketplace Risk Management Conference alongside key speakers from Uber, Google and eBay. The event, which took place in San Francisco this week, saw tech entrepreneur Chris Downie of Pasabi address attendees about the rising threat posed by fake reviews, which have […]
Government proposals to streamline the research and development (R&D) tax relief system have been called into question by top 10 accountancy firm Azets. The plans would mean merging the two current schemes and potentially revamping permissible qualifying activity and claimant criteria. A consultation on the proposals by HM Treasury and HM Revenue & Customs concluded […]
The recent fall in fintech investment will strengthen the financial services sector in the long-term, says a leading financial services figure. Rafal Andzejevski, founder of the London-based financial services provider PayAlly, has argued that a drop in fintech deals last year will expose the weaker players in the industry and encourage organic growth. The intervention […]
As a business owner, I have come to realise that sustainability is not just a buzzword, but an essential aspect of any successful business plan. In today’s world, where climate change and environmental degradation are becoming increasingly pressing issues, it is more important than ever for businesses to prioritise sustainability in their operations. According to […]
The CBI’s time has passed and it is no longer fit for purpose, according to former Barclays’ director Baroness Wheatcroft. The peer said it was “increasingly difficult” for the business lobby group to represents the likes of both Amazon and a small manufacturing firm. The CBI and its future are under the spotlight following claims […]
With IR35 in the news again as celebrities including Gary Lineker and Eamon Holmes faced the outcome of their own legal battles, a leading trade body has reiterated its calls for changes to Off Payroll rules, including the need to introduce an offset mechanism to ensure double taxation isn’t unfairly impacting staffing firms. Tania Bowers, […]
According to government statistics total UK apprenticeship participation is 740,000 for 2021/22, forming a sizeable chunk of the UK workforce. Despite making a significant contribution to the economy, apprenticeships have had a stigma attached to them for many years. Prevailing stereotypes still linger of the badly paid apprenticeship for the under-qualified and inferior to traditional degree-type […]
Starting and running a business takes hard work, motivation, and persistence. It’s an exciting venture, but one that comes with its fair share of obstacles and challenges. However, when you’re a mother, you may also face an additional struggle that can make it harder to continue – the overwhelming feelings of guilt that come with […]
At Business Matters we have spoken to a number of experts to gauge their opinions about Jeremy Hunt’s Spring Budget, and whilst the Chancellors announcements have gone down well, many sound notes of caution. Gerard Grech, CEO of Tech Nation, told us: Today’s budget is a positive indication of the UK Government’s commitment to becoming a […]