Angela Rayner upgrades Cornish Lithium’s Trelavour pit to a “project of national significance,” fast-tracking the site’s development to help meet the UK’s growing demand for battery-grade lithium.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Rightmove rejects Rupert Murdoch’s £5.6bn takeover bid as ‘opportunistic’
Rightmove has turned down a £5.6 billion takeover bid from Rupert Murdoch’s REA Group, labelling the offer as “opportunistic” and asserting that it undervalues the UK’s leading online estate agent.
UK risks falling behind in global quantum computing race, warn start-up founders
UK start-up founders warn that cuts to quantum computing research funding could leave Britain lagging behind global competitors like the US and China. Discover the latest concerns over the UK’s role in the next wave of technological innovation.
Apple loses €13 billion tax battle in landmark EU court ruling
Apple has suffered a major setback in its long-running tax dispute with the European Union, as the European Court of Justice ruled that Ireland had granted the tech giant “unlawful state aid.”
F1 design legend Adrian Newey joins Aston Martin in bid for world championship
Adrian Newey, widely regarded as the greatest designer in Formula 1 history, has joined Aston Martin as managing technical partner, with a mission to lead the team to a world championship.
Labour urged to consider £9bn tax on staff pensions to curb government spending
Rachel Reeves is being urged by the Resolution Foundation to implement a £9bn tax on pension contributions in the upcoming Budget to address rising government spending.
Think tank urges Labour to consider inheritance and road pricing in budget proposals
The Resolution Foundation has recommended that Rachel Reeves consider significant tax changes in the upcoming Budget, including increases to inheritance and capital gains taxes, to address the rising fiscal challenges faced by the government.
Entain bounces back with strong online gambling growth as new CEO settles in
Entain, owner of Ladbrokes and Sportingbet, sees early success under new CEO Gavin Isaacs as online revenues return to growth, boosted by sports events like Euro 2024 and the Olympics.
Labour finalising £500m rescue for Tata Steel’s Port Talbot plant
The UK government is nearing completion of a £500 million rescue package for Tata Steel’s Port Talbot plant, following the closure of its blast furnaces.
Two million self-employed workers face pension crisis, warns IFS
Nearly two million self-employed workers in the UK are facing a looming pensions crisis due to inadequate savings, the Institute for Fiscal Studies (IFS) has warned.
Lowest-paid workers set for 6% minimum wage boost amid concerns from businesses
Over a million low-paid workers in the UK are set to receive a wage increase of about 6% next year, as the government pledges to raise the national living wage to £12.10 an hour.
Santander tightens hybrid working rules, urging staff back to the office
Santander has tightened its hybrid working policy, instructing its UK office-based staff to work the equivalent of three days a week at its offices.
British journalist accuses Barclaycard of anti-semitism over credit card dispute
Martin Blackham, a UK journalist reporting from Israel, lodges a formal complaint against Barclaycard, alleging anti-Semitism after a credit limit dispute. He urges Barclays CEO C.S. Venkatakrishnan to take immediate action.
Google accused of exploiting advertising dominance to overcharge publishers
Google has been accused by the UK’s Competition and Markets Authority (CMA) of abusing its dominance in the online advertising market, allegedly overcharging publishers and stifling competition.
Body Shop rescue deal secures 113 stores and over 1,000 jobs
The Body Shop has been saved from administration in a rescue deal led by cosmetics tycoon Mike Jatania, securing 113 stores and safeguarding more than 1,000 jobs.
