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Small firms freeze hiring as Iran war drags growth to five-year low thumbnail
The Business Economics

Small firms freeze hiring as Iran war drags growth to five-year low

Britain’s businesses have stopped hiring and slipped into “survival mode”, with economic output stuttering to a five-year low in June as the Iran...

Red card for red tape: 96% of firms say regulation is failing them thumbnail
The Business Economics

Red card for red tape: 96% of firms say regulation is failing them

Britain’s businesses have shown the country’s regulatory regime a red card, with 96 per cent of respondents to an official government survey saying...

$300 a kilo: space cargo costs falling faster than steam ever did thumbnail
The Business Economics

$300 a kilo: space cargo costs falling faster than steam ever did

Sending cargo into orbit is getting cheaper faster than shipping freight did during the steamship revolution of the 1800s, and the cost could...

Festivals get longer licences and red tape cut in £45m music plan thumbnail
The Business Economics

Festivals get longer licences and red tape cut in £45m music plan

The small businesses behind Britain’s live music industry have been handed a rare piece of good news, as the government’s first long-term music...

Scrap green levies to cut energy bills by a fifth, Burnham told thumbnail
The Business Economics

Scrap green levies to cut energy bills by a fifth, Burnham told

Andy Burnham will walk into Downing Street next week with an in-tray already overflowing, but business has told him exactly where to start:...

Scrap National Insurance and the 45p rate, think tank tells Burnham thumbnail
The Business Economics

Scrap National Insurance and the 45p rate, think tank tells Burnham

Andy Burnham should abolish national insurance, stamp duty, inheritance tax and the 45p top rate of income tax if he wants to revive...

Monzo founder Blomfield joins Anthropic as AI talent war escalates thumbnail
The Business Economics

Monzo founder Blomfield joins Anthropic as AI talent war escalates

Tom Blomfield, the entrepreneur who built Monzo into Britain’s best-known digital bank, has been hired by Anthropic, the artificial intelligence group behind the...

‘Rotten to its core’: Apple accuses OpenAI of stealing its secrets thumbnail
The Business Economics

‘Rotten to its core’: Apple accuses OpenAI of stealing its secrets

Apple has filed a lawsuit against OpenAI, alleging the ChatGPT maker poached its employees and coaxed them into handing over confidential designs and...

Banker who bought Northern Rock named to lead audit watchdog thumbnail
The Business Economics

Banker who bought Northern Rock named to lead audit watchdog

The banker who bought Northern Rock and turned Virgin Money into a high-street challenger is the government’s choice to run the Financial Reporting...

Burnham will not ‘tax the hell out of you’, says Jim O’Neill thumbnail
The Business Economics

Burnham will not ‘tax the hell out of you’, says Jim O’Neill

Business owners bracing for a Burnham premiership have been offered a rare note of reassurance from one of the City’s most respected voices....