Supermarket executives are being questioned by MPs over why food prices are still rising as some wholesale costs are falling. The UK’s biggest grocers – Tesco, Sainsbury’s, Asda and Morrisons – are facing a parliamentary committee examining the cost of ...
The sharp fall in the price of oil and gas will lead to a huge drop in revenue from the government’s windfall tax. Announced in November of last year, the energy profits levy hiked an existing tax on oil and ...
tech entrepreneurs Although some have questioned the attractiveness of the UK, particularly London, as a destination for technology businesses, a poll conducted last week among foreign technology entrepreneurs and trade delegations by the law firm Kingsley Napley shows the UK’s ...
As the outlook for the UK economy continues to remain uncertain, UK business owners’ fears over insolvency have dropped considerably. New research from leading wealth management and professional services group Evelyn Partners finds that just under one in three UK businesses ...
A record number of people are looking to embark on a new career in cyber this year through applications to the government’s Upskill in Cyber programme. Of the more than 3,600 applications received, almost half have been submitted by women ...
Upfront Diagnostics, a healthcare company focused on discovering novel biomarkers that can be applied to medical diagnosis, has announced a seed funding round of £1.6 million. The investment was led by APEX Ventures’ Medical Fund, following grant funding from SBRI ...
The global payment market is growing while UK banks are ordering less cash, indicating the growing popularity of cashless payments. With mobile payments rising, there are strong indicators that the UK is rapidly shifting away from physical payment options, preferring ...
SEOUL — When former Samsung executive Choi Jinseog won a contract with Taiwan’s Foxconn in 2018, he tapped his former employer’s supplier network to steal secrets to help his new client set up a chip factory in China, a sealed ...
BRUSSELS — The European Union (EU) will call on countries to prepare for “spill over” effects from increased climate change-driven conflicts, according to a draft document, and warn of the need to assess new risks posed by large-scale technological interventions ...
SOUTH KOREANS will become at least a year younger tomorrow as the nation, which traditionally counts newborns as one year old, joins international standards. As of Wednesday, all judicial and administrative areas in the country will begin using the international ...