Ministers are preparing to cap the profits landowners can make from selling green belt land as part of the government’s strategy to deliver 1.5 million new homes by 2030. The proposed reforms would give councils the power to compulsorily purchase ...
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 ...
UK inflation is anticipated to rise again, weeks after the Bank of England reduced interest rates for the first time in over four years. This increase is expected to be reflected in figures due to be published this week, with ...
Gather, the investment app backed by Arsenal footballer Jorginho, has collapsed into administration after failing to repay a government pandemic loan, leading to significant expected losses for taxpayers. The app, designed to democratise access to funds from major asset managers ...
HM Revenue & Customs (HMRC) has conceded that it is unlikely to recover more than £19 billion in unpaid taxes, as the department grapples with a significant rise in uncollected tax debt and a dramatic increase in customer service failures. ...
Asda has announced plans to increase the number of staff on manned checkouts across its stores, acknowledging that it has reached the limit with self-service tills. While the supermarket giant maintains that self-checkouts work well for many customers, it has ...
The UK government is on the verge of agreeing to a £600 million bailout for British Steel, with the funds set to secure the future of the company’s Scunthorpe plant. This move comes as Labour signals a fresh determination to ...
PHINXT Robotics, an AI-driven robotics software company, has secured £2 million in an oversubscribed funding round to advance its innovative edge AI platform that simplifies and scales robotics automation in warehouses. The round was led by Sure Valley Ventures with ...
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 ...
Michelle Mone, the embattled businesswoman and former lingerie tycoon, has been granted permission to dissolve two more of her companies, leaving just one active business in what was once a thriving empire. The closures come as Mone, 53, and her ...