Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says February 27, 2024 Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.
Grocery inflation hits lowest level in two years, but non-food items keep rising February 27, 2024 Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years. British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]
Encourage investment and tackle skills shortages in Spring Budget, businesses say February 26, 2024 Chancellor Jeremy Hunt is unlikely to have significant scope for major tax cuts given the constrained fiscal position, but businesses are hoping Hunt will announce further measures to boost the economy.
Government backs SLAPPs bill to stop gagging of press amid warning it needs more work February 23, 2024 The UK Government has backed a bill that will crack down on SLAPPs that will prevent wealthy or corrupt people from gagging journalists by using the legal system. Strategic Lawsuits Against Public Participation (SLAPPs) is a term given to defamation cases and legal threat that are generally brought against journalists and campaigners as a form [...]
UK consumer confidence falls in February as technical recession is a bummer for Brits February 23, 2024 UK consumer confidence fell two points in February as reports of a technical recession dampened hopes.
Tech secretary working to ease UK access to Horizon Europe funding February 12, 2024 Tech secretary Michelle Donelan has said she is working to make it easier for British companies to access Horizon Europe funding as the UK looks to secure its science 'superpower' status.
Ukraine: Zelensky pledges push for victory on war anniversary February 24, 2023 The president of Ukraine pledged to push for victory in 2023 as he and other Ukrainians marked the sombre first anniversary of the Russian invasion that changed their lives. As dawn broke on a day of commemorations and defiance, president Volodymyr Zelensky tweeted that Ukrainians had proven themselves to be “invincible” in what he called [...]
Confirmed: Channel 4 privatisation cancelled as broadcaster to stay in public ownership January 5, 2023 Channel 4 will remain in public ownership after a planned privatisation – championed by Boris Johnson’s government – was binned today. The Culture Department confirmed the move today, confirming reports based on a leaked letter yesterday. The Culture Secretary Michelle Donelan had written to Rishi Sunak calling for the government to drop the plans to [...]
UK government takes pro-innovation approach to AI January 2, 2023 UK government’s push to bridge the AI skills gap comes with a focus on a risk based approach. As industry predictions indicate an AI boom in 2023, the UK government has stepped up to plug the skills gap in the sector. At the end of 2022, the government evaluated the Industry-funded Masters in AI (IMAI) [...]
UK government stumps up £12m to make 5G tech green and accessible December 20, 2022 The Department of Culture, Media and Sport is funding a £12m international project to make 5G telecommunication green and more accessible across the UK. The project named Towards Ubiquitous 3D Open Resilient Network (TUDOR) plans to use AI to improve the efficiency of 5G and in due course 6G infrastructures. TUDOR is led by the [...]