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Rachel Reeves unveils plan to cut red tape for business
Posted onChancellor Rachel Reeves has said she plans to scrap “needless form filling” in a bid to boost business growth. Speaking at a regional investment summit in Birmingham, the chancellor said the reforms would boost growth and “make the UK a top destination for global capital”. Ahead of the Budget next month, Reeves acknowledged that “for…
Vince Zampella, Call of Duty co-creator, dies in California car crash
Posted onVince Zampella, who co-created the popular video game series Call of Duty, has died in a car crash in California, aged 55. Zampella’s death was confirmed by Electronic Arts, which owns Respawn Entertainment, a game studio he co-founded. The influential video game developer was travelling in a Ferrari with another person, when it crashed and…
‘JLR supply chain workers are really struggling’
Posted onRich Mulligan Rich Mulligan said some of his JLR supply chain colleagues were “struggling really badly” “I haven’t been on wages for the past two weeks. I’m now dipping into savings, money that I’ve squirreled away for retirement, with no insight into exactly when this will be over.” Rich Mulligan, 63, is a stock control…
OBR productivity forecast may add £20bn to Budget hole
Posted onThe government is facing a bigger-than-expected hole in the public finances as it prepares for next month’s Budget. A downgrade to the UK’s productivity performance from the government’s official forecaster could lead to the chancellor facing a £20bn gap in meeting her tax and spending rules, the BBC understands. Rachel Reeves has confirmed both tax…
Why luxury carmakers are now building glitzy skyscrapers
Posted onSameer HashmiBusiness reporter, Dubai Binghatti Properties The Bugatti Residences building in Dubai is currently under construction Bugatti is synonymous with high-performance, ultra-expensive supercars. But now the luxury French brand is entering a very different kind of race – not on the track, but in the skyline. In the heart of Dubai, in the United Arab…
