The Bank of England has issued a stark warning that the UK could face a credit crunch, as financial markets remain vulnerable to a “sharp correction.” Policymakers cautioned that a sudden crash in global markets could significantly raise borrowing costs ...
An official report has revealed that most UK businesses that benefited from £23bn in government Covid grants during lockdown would have survived without the financial aid. According to the Department for Business and Trade’s analysis, only a quarter of the ...
Donald Trump and Elon Musk want to make the federal government more efficient. But if the true aim of our political system is not to solve the problems facing Americans but to transfer wealth to the government and politically-connected, the ...
ALL.SPACE, an advanced communications firm known for its cutting-edge technology used in military operations, has raised $44m (£33m) in a new funding round led by defence-focused investment firm Boka Group, which recently appointed former UK defence secretary Ben Wallace as ...
The UK government is exploring the introduction of extended probation periods for workers returning from long-term sickness, in an effort to encourage businesses to hire them without the risk of legal repercussions. Deputy Prime Minister Angela Rayner and Business Secretary ...
Pensioners across the UK are scrambling to purchase heat-saving equipment as the government prepares to cut winter fuel payments for millions. DIY stores have reported a surge in sales as households look for ways to reduce energy bills ahead of ...
The incoming interim executive chair of Innovate UK, Stella Peace, is being encouraged to transform the £1.1 billion-a-year innovation agency into a more investment-focused body, according to Cambridge University’s entrepreneur-in-residence, Ewan Kirk. Kirk, who also serves on the board of ...
Sir Demis Hassabis, the CEO of Google DeepMind, has boldly predicted that artificial intelligence (AI) could be capable of curing all diseases within the next ten years. Speaking at The Times Tech Summit, the British AI pioneer suggested that achieving ...
Greggs, the UK’s largest bakery chain, has confirmed it will not raise prices again this year, even as it reports a slowdown in sales during its third quarter. CEO Roisin Currie announced that there are “no plans to put up ...
LHCM is an investment company that offers the EXANTE trading platform to clients in the UK. The trading platform offers investors access to over 50 markets and more than one million financial instruments that can be traded with a single ...