Category: News

London’s Mayor, Sadiq Khan, has officially announced today that a groundbreaking trial will kick off next Friday, 8th March.

UK car production surged ahead in January, as revealed by the latest data from the Society of Motor Manufacturers and Traders (SMMT).

Preparatory work for the £1.75bn Midlands Rail Hub initiative is poised to begin after the government allocated an additional £123m towards the project.

Rachel Reeves, the shadow chancellor, has conceded that it will require substantial time for a Labour government to steer Britain back on course, lambasting the Conservatives for what she described as economic vandalism spanning the past 14 years.

The property market saw a continued resurgence in February, with both buyers and sellers re-entering the fray, leading to an anticipated 10% increase in home sales this year, as per the latest data from property website Zoopla.

The Chancellor is currently examining the possibility of abolishing the tax status enjoyed by individuals residing in the UK but maintaining their tax domicile overseas.

Concerns loom large among business leaders as the specter of litigation threatens companies falling short of their environmental, social, and governance (ESG) targets.

Christian Horner, the team principal of Oracle Red Bull Racing, is on the verge of being cleared of misconduct following an independent investigation  following allegations of inappropriate behaviour towards a female employee prompted an inquiry by team owners Red Bull. 

Thames Water, the UK’s largest water firm, is facing financial challenges due to its massive £18 billion debt burden as the water regulator, Ofwat, has told the firm it must secure additional funding independently, rather than relying on a taxpayer bailout.

Aston Martin Lagonda fell short of its revised production targets for 2023, facing delays in the launch of the £185,000 DB12 sports car, resulting in 6,620 deliveries to dealers, below the revised goal of 6,700.

High street banks shut more than 140,000 accounts held by small businesses last year, according to figures obtained by MPs that will fuel concerns about debanking.

Apple has reportedly decided to cancel its plans to develop electric vehicles (EVs), a project that has been in the works for around a decade.

Tata Group has officially confirmed that Somerset, will host the UK’s largest electric vehicle battery manufacturing facility, with a £4 billion investment in a brownfield site near Bridgwater.

In the face of Chinese and US dominance in the electric car market, Renault’s CEO, Luca de Meo, emphasized the importance of European manufacturers not conceding defeat.

Public Accounts Committee ask questions of HMRC after call times increase, while tax office’s treatment of taxpayers’ scrutinised