Day 11 of the PPE Medpro trial saw the defence deliver a scathing closing, accusing DHSC of changing arguments, withholding evidence, and failing to prove its £122m claim.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Millions of UK households face higher mortgage costs, warns Bank of England
Around 3.6 million households – just over 40% of mortgage holders – are likely to see their monthly payments rise over the next three years, according to the latest update from the Bank of England.
Red Bull shock: Christian Horner sacked as team principal after 19 years in charge
In a stunning development for the world of Formula 1, Christian Horner has been dismissed as team principal of Red Bull Racing, bringing an end to a 19-year tenure that oversaw six constructors’ championships and eight drivers’ titles.
Begbies Traynor profit surges on lucrative large-scale failures
Begbies Traynor’s profits nearly double to £11.5m as larger corporate failures drive demand for its insolvency and advisory services. Dividend raised for eighth year.
FTSE leaders and CBI urge stamp duty removal to boost UK stock market
More than 30 FTSE leaders and the CBI urge the UK government to scrap stamp duty on shares and ease boardroom pay rules to restore London’s global market appeal ahead of Mansion House speech.
UK Government unveils £92bn transport overhaul to drive growth and connect communities
The UK Government has announced a record £92bn investment in over 50 transport projects to cut journey times, create jobs, and unlock housing across England and Wales.
PPE Medpro delivers scathing closing in DHSC case, accusing government of buyer’s remorse and scapegoating
In closing submissions, PPE Medpro accuses DHSC of using the courts to cover its PPE procurement failures during the pandemic, branding the £122m case as “opportunistic” and “unsubstantiated.”
Monzo fined £21m after fraudsters open accounts using ‘Buckingham Palace’ as home address
Monzo has been fined £21m by the FCA after allowing fraudsters to open accounts using implausible addresses including Buckingham Palace and 10 Downing Street.
Government bans NDAs that silence harassment and discrimination victims
Employers will no longer be able to use NDAs to silence victims of workplace harassment and discrimination under new amendments to the Employment Rights Bill.
UK steel firms on edge as US tariff deadline looms amid incomplete deal
British steelmakers face mounting uncertainty as crucial talks with the United States over tariffs remain unresolved just days before a key deadline set by former US president Donald Trump.
Apple appeals €500m EU fine over App Store restrictions, accusing Commission of overreach
Apple has filed an appeal against a landmark €500 million (£430 million) fine imposed by the European Commission earlier this year, escalating tensions between Silicon Valley and Brussels over digital market regulation.
UK house prices stall in June as stamp duty change and weak economy hit confidence
UK house prices flatlined in June, with market momentum fading after the end of temporary stamp duty relief and amid growing economic uncertainty, according to the latest figures from Halifax.
Six pioneering AI and data projects hailed for real-world environmental impact after £2m Innovate UK backing
A £2 million investment by Innovate UK has successfully propelled six innovative artificial intelligence and data-driven projects into real-world application, delivering tangible environmental benefits while unlocking additional funding and commercial traction.
UK carmakers near EV sales targets despite government weakening rules after industry pressure
UK carmakers are on course to meet this year’s electric vehicle (EV) sales targets, despite having successfully lobbied the government to soften the rules.
Trump threatens 10% tariff on countries aligning with BRICS
US President Donald Trump has threatened to impose an additional 10% tariff on any country that supports the BRICS alliance and its policies that “go against American interests.”
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