Rising paint prices and higher energy costs were among the reasons for a leap in the cost of motor insurance late last year, a trade body has said. The average price paid for cover rose by 8% in the final three months of the year, compared with the previous quarter, the Association of British Insurers […]
Infosys, the company founded by Rishi Sunak’s father-in-law NR Narayana Murthy, is in a multimillion-pound dispute with the UK tax authorities. HMRC and the Indian IT services firm, in which the prime minister’s wife, Akshata Murty, holds a stake of close to 1%, disagree over a corporation tax bill of about £20m, according to the […]
Many train firms will not run any services on Wednesday or Friday as Britain’s train services will be decimated by strike action on two days this week. Train driver members of Aslef and the Rail, Maritime and Transport union (RMT) will walk out on Wednesday and Friday in a long-running dispute over pay, jobs and conditions. […]
Almost three quarters of jobs in the creative sector are at risk of being replaced by artificial intelligence according to a new study. Roles including those of filmmakers, illustrators, game designers, sound engineers and special effects artists are among those that could become obsolete as AI becomes more advanced. Using AI bot ChatGPT, the data […]
Even attempting to burst onto the scene in the last three years deserves an award in itself. Let alone taking a concept and pushing forwards in the most challenging of times with the most tenacity to launch and make a profit. It’s time to congratulate the sheer imagination and talent behind the nation’s New Business […]
Codat – the universal API for small business data – and a group of lenders have written an open letter to Secretary of State for Business, Energy and Industrial Strategy, Grant Shapps, calling for the government to support improved data sharing initiatives to tackle the difficulties faced by SMEs in accessing credit. The letter has […]
New data has revealed one in five UK employees are sitting for more than eight hours each day, contributing to the decline in physical or mental health experienced by 79% of employees in the past year. The findings place UK employee health in the ‘high’ to ‘very high’ risk category*. This is particularly concerning as […]
Converge, the premier company creation initiative for Scotland’s universities and research institutes, is dispelling the myth that you need to call yourself an “entrepreneur” to set up a business as it reveals this year’s challenges. The initiative – which helps staff, students, and recent graduates to launch businesses – is instead highlighting the impact that […]
Rishi Sunak has suggested the government cannot afford any immediate tax cuts, saying people are “not idiots” and understand what is unaffordable. But the comments risked opening a fresh conflict with Conservative MPs who have been making the case for tax cuts in the spring budget, in light of improving economic forecasts and as a […]
Lloyds Pharmacy is closing all 237 of its outlets in Sainsbury’s supermarkets amid fears of insufficient government funding for the industry. The group said it was making the closures – which are thought to affect about 2,000 jobs – “in response to changing market conditions”, adding it was “currently exploring options for each individual branch”. […]