British manufacturers have urged the government to ensure that small and medium-sized businesses are major beneficiaries of the UK’s rising defence spending by embedding legally binding offset agreements in future military procurement contracts. Ahead of the release of the government’s revised Defence Industrial Strategy, MakeUK Defence — the trade bodyContinue Reading

More than two thirds (68 per cent) of leaders of small and medium-sized businesses believe that their company is resilient after weathering the recent storms brought on by external events. The annual American Express Business Barometer found that this sense of resilience was matched by growing optimism. Almost three quartersContinue Reading

Small and medium-sized enterprises (SMEs) across the UK are showing remarkable resilience by prioritising employee welfare and environmental sustainability, despite mounting economic pressures, according to new research by Purbeck Insurance Services. As inflation and the cost of living continue to strain households and businesses alike, over half (51%) of SMEsContinue Reading

At her spring budget, Chancellor Rachel Reeves outlined an ambitious vision: to make Britain a “defence industrial superpower”. In doing so, she joined a growing wave of European leaders rethinking their military budgets not just through the lens of national security, but as tools for economic growth. As war returnsContinue Reading