The reforms designed to clean up Britain’s £8 billion research and development tax credit scheme have worked rather too well. More than six in ten businesses carrying out R&D have cut their investment as a direct result, according to new data from the advisory firm RCK Partners, with hiring frozenContinue Reading

UK inflation fell to its lowest level in more than a year last month, but small business owners should read the number for what it is: a snapshot of a June that has already been overtaken by events. Figures published by the Office for National Statistics on Wednesday showed inflationContinue Reading

Rolls-Royce has put Britain’s new chancellor on the clock, and the deadline is now. The Derby-based engineering group has told Andy Burnham’s government it needs a decision “as soon as possible” on financial support for its re-entry into the short-haul aircraft engine market, or it will go “elsewhere” to manufactureContinue Reading

From beach towns in Costa Rica to the skylines of the United Arab Emirates and the coasts of Portugal, remote work is reshaping where and how people live. The office, once a fixed place defined by routine and geography, has become something far more fluid. For millions of workers aroundContinue Reading

Defence shares rallied the moment John Healey was named chancellor. By Tuesday afternoon, Downing Street had declined to confirm the number the sector actually wants, and ruled out the funding mechanism some had hoped for. Healey resigned as defence secretary last month after accusing Sir Keir Starmer’s government of fallingContinue Reading