Deputy Prime Minister leads 450+ strong UK business delegation to Saudi Arabia for flagship summit – GREAT FUTURES Riyadh Supported by lead partners, British Airways and HSBC, the summit will accelerate vital business to business links between the kingdoms £3 billion of ongoing investment in the North East helping to sustain c.2000 jobs in the...
Category: Bussiness
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UK fears a £108 billion decline to creative sector as int’l student numbers reduce
Creative UK, an organization representing the creative industries, has warned that eliminating the option for international students to work in the United Kingdom (UK) post-graduation, could affect the sector’s £108 billion contribution to the creative economy annually. This is because universities in the UK have noticed a significant decline in applications from international students which...
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Backing businesses across the UK in partnership with Premiership Rugby | Funding Circle UK
As we reach the end of the 2023/24 Premiership Rugby season, we’re delighted with how our sponsorship has helped back small businesses across the UK with business grants, marketing workshops and hospitality. Funding Circle have been proud sponsors of Premiership Rugby since 2022, backing big players and small businesses and celebrating what they do for...
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Tony Elumelu To Engage Business Leaders on Africapitalism in UAE, UK, Italy – Arise News
The Chairman of Heirs Holdings, Mr. Tony Elumelu, will be travelling to key cities in the United Arab Emirates (UAE), United Kingdom (UK), and Italy to speak with business leaders and philanthropists on Africapitalism, and youth empowerment in Africa. Elumelu, who is also the Chairman of United Bank for Africa Plc (UBA) during the tour...
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UK has moved out of recession, official figures show
The UK is officially out of recession after figures showed the economy grew by 0.6% in the first three months of the year. The Office for National Statistics (ONS) said the period from January to the end of March marked a return to growth after a mild recession in the second half of 2023. It...
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Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank
The next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is prepared to rip up Treasury rules for managing the state finances, a leading thinktank has said. The National Institute for Economic and Social Research (Niesr) called for a radical overhaul of the self-imposed constraints...
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Acrisure strengthens UK presence with double swoop
Acrisure strengthens UK presence with double swoop | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy Insurance News Acrisure strengthens UK presence with double swoop Move looks to augment its capabilities throughout the UK...
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British business excellence celebrated in second year of The King’s Awards for Enterprise
252 recipients announced in The King’s Awards for Enterprise – the UK’s most prestigious business awards. Five businesses have received awards in two categories this year. The recipients of The King’s Awards for Enterprise have been announced today [Monday 6 May], celebrating the achievements of UK businesses. This year, 252 businesses representing every part of...
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The undersea nuclear graveyard now more costly than HS2
Steve Thomas, emeritus professor of energy policy at Greenwich University, an expert in nuclear economics and policy, points out that we have built lots of rail lines and power stations – but never a giant nuclear waste site thousands of feet below the sea. “The volume of the GDF would be equivalent to Wembley Stadium...
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Nigerians must develop IT proficiency, data skills to tap into UK outsourcing market – Business consultant
The Nigerian government recently launched the Outsource to Nigeria Initiative (OTNI) to tap into the global outsourcing market, which generated nearly $350 billion in revenue in 2023 from top seven participating countries, offering significant employment opportunities for the growing youth population. Recently, Vice President, Kashim Shettima, highlighted Nigeria’s potential to revolutionize its economy through the...
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OECD forecasts will be blow to Sunak’s claims UK economy is improving
A lack of skilled workers in the country is pushing up UK wages. The dearth of affordable housing has seen landlords put up rent by an average of 9% in a single year, weighing on inflation. New costs and controls at the border after Brexit are creating headaches for exporting companies. This cocktail of pressures...
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UK growth set to be slowest of richest nations in 2025, says OECD
The UK economy will see the slowest growth of the largest developed nations next year, according to forecasts. The Organisation for Economic Co-operation and Development (OECD) predicted that UK gross domestic product – a key measure of economic health – will rise by 1% in 2025. This is below the rest of the G7 nations,...