Lord Sugar, the business mogul and star of the popular reality TV show “The Apprentice,” has found himself at the centre of a financial whirlwind involving a hefty tax bill of £186 million.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
BMW set to announce over £600M investment so Oxford plant can build election minis for the next decade
The long-term future of Mini production in Britain has been secured, with BMW set to announce an investment of hundreds of millions of pounds in its factory at Cowley in Oxford.
UK injects record $2bn into Green Climate Fund
The UK has provided $2 billion to the Green Climate Fund, the UK’s largest individual funding commitment towards climate change, at the G20 Summit in India.
Triple lock could add £45bn a year to cost of state pensions finds new research
Increases in the state pension will cost taxpayers up to £45 billion a year by 2050, a think tank has warned, adding pressure on ministers to raise the official retirement age.
UK’s first full-size electric autonomous bus takes to Oxfordshire’s roads
The UK’s first fully electric, full-size single decker autonomous bus service is now operating between Didcot Parkway train station and Milton Park
Lidl opens worlds largest warehouse in Bedfordshire
German supermarket Lidl has opened its largest warehouse in the world, in Bedfordshire.
UK set to re-join Horizon science scheme
The UK has announced that it is to re-join the EU’s flagship research scheme, Horizon.
Google to face multibillion-pound lawsuit from UK consumers
Google faces a new multibillion-pound lawsuit from UK consumers accusing the company of contributing to cost-of-living price rises.
Innovate UK awards £1.2m to University led West Midlands partnership to grow region’s battery manufacturing and innovation workforce
Following a successful bid for over £1.2m in funding from the Innovate UK Faraday Battery Challenge, the Digital Enhanced Battery Ubiquitous Training-West Midlands (DEBUT-WM) project brings together regional experts from universities, local government and industry to deliver the pioneering level 2 and level 3 training programme.
Amazon launches volunteering month
Amazon employees across the UK will help community groups to address issues from climate change and educational inequality, to food insecurity and disaster relief.
UK house prices fall at fastest pace since 2009 in August, says Halifax
House prices fell at their fastest rate since the financial crisis in August, according to the latest house price index from Halifax, the UK’s largest mortgage lender.
Bank of England governor Andrew Bailey says Peak interest rates ‘reached’
The governor of the Bank of England yesterday cast doubt on the need for further interest rate rises, sending the pound to a three-month low.
UK Export Finance strengthens ties with Japan’s export credit agency NEXI
The UK Export Finance (UKEF) and Nippon Export and Investment Insurance (NEXI) MoU sets out revised terms of cooperation which support ambitions for sustainable development outlined in the Hiroshima Accord, G7 Partnership for Global Infrastructure Investment (PGII) and UN Sustainable Development Goals.
FCA to investigate the treatment of PEPs by banks
The FCA has launched a review on the treatment of domestic Politically Exposed Persons (PEPs), setting out issues that it will consider as part of their inquiry into banks and financial institutions to inform whether necessary action by the regulator is needed.
Britain’s school concrete crisis could cost over £150M
The cost of fixing the school buildings crisis in England is approaching £150m and could rise much further, according to Guardian estimates based on figures from the construction industry, government and schools.
