A majority of Britain’s millionaires believe they would enjoy a better quality of life overseas, as higher taxes and the rising cost of living fuel unease among the wealthy.
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
Pensioners to make up a quarter of Britain’s adults by 2075, review warns
Britain is heading towards a demographic tipping point, with pensioners set to make up more than a quarter of the adult population by 2075, according to an official review into the state pension age.
Visa refusals rise as UK risks losing global talent
New analysis shows the UK Home Office refused 664,000 visas in 12 months. Indian, Nigerian, Ghanaian and Pakistani workers face highest rejection rates.
AI ‘helper’ for jobseekers sparks fears of surge in junk applications
The UK government plans to launch an AI chatbot to help unemployed people fill in job applications, but critics warn it could flood employers with irrelevant CVs as firms already struggle with AI-driven spam.
BrewDog’s reliance on JD Wetherspoon shows a brand in retreat
BrewDog’s shrinking pub presence has left it reliant on JD Wetherspoon for distribution. Can the once-dominant craft beer pioneer reinvent itself, or is this the beginning of a long decline?
ASA bans online pharmacy adverts for weight loss injections in major enforcement drive
The UK’s advertising watchdog has banned online pharmacy ads promoting prescription-only weight loss jabs such as Wegovy, closing loopholes and targeting social media influencers.
Norway restarts North Sea drilling licences as UK faces calls to lift ban
Norway has reopened North Sea oil and gas exploration for the first time since 2021, prompting calls for the UK to follow suit and scrap its ban on new licences.
GMB urges government to showcase UK pottery in embassies worldwide to support ceramics industry
The GMB union has called on the government to commit to using UK-made pottery and tableware in all British embassies and High Commissions around the world, as part of a push to back the country’s struggling ceramics sector.
EVs and batteries move centre stage in the UK’s modern industrial strategy
The UK’s Modern Industrial Strategy puts EVs and batteries centre stage—£2.5bn for DRIVE35 R&D and capital, cheaper energy, battery passports, gigafactory finance and export support to lift output to 1.3m vehicles by 2035.
UK’s modern industrial strategy puts advanced manufacturing at the heart of 2035 growth
UK Government’s Modern Industrial Strategy pledges cheaper energy, £4.3bn for tech and new finance to near‑double advanced‑manufacturing investment by 2035.
Government urged to tackle ‘self-employed pension crisis’ as report warns of widening savings gap
Think tank calls for HMRC and financial firms to deliver targeted nudges to boost self-employed pension saving, as only 20% contribute compared to 78% of employees.
Harry and Meghan sign new multi-year Netflix deal
The Duke and Duchess of Sussex have renewed their multi-year “first look” deal with Netflix for film and TV projects, including a second season of With Love, Meghan.
Tata steel UK CEO Rajesh Nair appointed chair of UK Steel
Tata Steel UK CEO Rajesh Nair has been appointed Chair of UK Steel, taking on the role alongside his leadership of the company at a pivotal time for the UK steel industry.
Elon Musk’s Tesla applies for licence to supply electricity to British homes
Tesla has applied to Ofgem for a licence to supply electricity to homes and businesses in Great Britain, paving the way for a UK launch of its Tesla Electric brand.
How Europe’s car industry can survive the Chinese EV challenge
With Chinese EV makers growing fast, experts say Europe must invest, innovate and form strategic alliances – not rely on tariffs – to protect its automotive industry.
