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AstraZeneca pauses £200m Cambridge investment
Posted onMitchell LabiakBusiness reporter and Simon JackBusiness editor Getty Images AstraZeneca has paused plans to invest £200m at a Cambridge research site in a fresh blow to the UK pharmaceutical industry. The project, which was set to create 1,000 jobs, was announced in March 2024 by the previous government alongside another project in Liverpool, which was…
The true cost of cyber hacking on businesses
Posted onTheo LeggettInternational Business Correspondent BBC The first day of September should have marked the beginning of one of the busiest periods of the year for Jaguar Land Rover. It was a Monday, and the release of new 75 series number plates was expected to produce a surge in demand from eager car buyers. At factories…
Unemployment rate unexpectedly falls as fewer students look for work
Posted onLiz McKeown, director of economic statistics at the Office for National Statistics (ONS) figures, said: “Alongside falling unemployment, the number of people not actively seeking work increased, with data suggesting fewer students seeking work alongside their studies.”
Bank of England expected to cut interest rates
Posted onKevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are expected to cut interest rates – bringing the Bank rate down to its lowest level since February 2023. Analysts are widely predicting a fall from 4% to 3.75%, although they do not expect a unanimous decision among the nine-member Monetary Policy…
Are tech dense farms the future of farming?
Posted onDavid SilverbergTechnology Reporter Getty Images The US has fewer but more “tech dense” farms according to a government report Jake Leguee is a third-generation farmer in Saskatchewan, Canada. Since his grandfather bought the 17,000 acres in 1956, the Leguee family has grown canola, wheat, flax and green lentils. As a child, he watched his father…
