Tag: In Business

Aug 13

Rachel Reeves: Regulators must prioritise UK economic growth

Chancellor Rachel Reeves has reinforced the government’s stance on urging the UK’s financial regulators to actively promote the growth and competitiveness of the City of London. Speaking during her North American tour, Reeves reiterated her support for the introduction of a secondary objective for the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), […]
Aug 12

Sainsbury’s boss and retail union warn 17,000 shops face closure without business rates reform

Over 17,000 shops across the UK could face closure in the next decade unless the Labour government takes urgent action to reform the business rates system, according to warnings from Simon Roberts, CEO of Sainsbury’s, and Paddy Lillis, General Secretary of the Union of Shop, Distributive and Allied Workers (Usdaw). In an article published by […]
Aug 11

UK Government cancels £1.3 billion AI and tech funding amid economic tightening

In a significant policy shift, the UK government has cancelled £1.3 billion in funding earmarked for artificial intelligence (AI) and technology research and development, as part of broader efforts to stabilise the economy. The funding, initially promised by the previous Conservative government, was intended to bolster the UK’s position as a global tech leader but […]
Aug 9

Nearly half of UK small businesses unaware of new simpler recycling reforms, survey reveals

A recent survey has revealed that nearly half (42%) of SMEs across the UK are unaware of the forthcoming ‘Simpler Recycling’ reforms, which are set to significantly impact their operations. The reforms, announced by the Department for Environment, Food & Rural Affairs (Defra) in October 2023, aim to standardise recycling practices nationwide, ensuring consistent recycling […]
Aug 6

Gary Lineker’s Goalhanger celebrates record-breaking success with ‘The Rest is Politics’ and ‘The Rest is Football’

Goalhanger, the UK’s largest independent podcast company, has announced record-breaking downloads and views from May to July, driven by heightened global interest in its shows “The Rest Is Politics” and “The Rest Is Football.” From May 22nd to July 5th, “The Rest Is Politics” and its companion show, “Leading”, hosted by Alastair Campbell and Rory […]