The UK Government is investing £800,000 in tidal energy pioneer Nova Innovation to develop a low-cost, rapid turbine deployment and recovery solution that could unlock 100GW of tidal energy resources worldwide.
Uk Government
The UK Government has accepted five recommendations for reform of Capital Gains Tax (CGT) which were suggested by the Office for Tax Simplification (OTS).
The UK Government has announced that direct flights to London from Dundee will be subsidised for a period of two years. The Department for Transport (DFT) announced funding worth a total of £4.3 million for the public service obligation (PSO) routes.
Restaurants and hotels are struggling with inflation as high as 18% as supply chain disruption and labour shortages heavily impact the UK's hospitality industry.
Yesterday, the UK Government and Scottish Government agreed in principle the scope of the independent report that will inform the subsequent review of the Scottish Government’s Fiscal Framework. During an in-person meeting in Westminster, finance and economy secretary Kate Forbes and the chief
All tips will go to staff under new plans to overhaul tipping practices set out by the UK Government today, providing a financial boost to hospitality workers across the country. Most hospitality workers – many of whom are earning the National Minimum Wage or National Living Wage – rely
UK Ministers have accused the insolvency profession of widespread misconduct after an inquiry found evidence of “intimidation”, “deception” and “misappropriation of assets”.
Following UK Government plans to implement a 1.25% increase in National Insurance contributions to fund the NHS and social care in England, finance secretary Kate Forbes is seeking assurances that the UK Government will cover the full cost of this increase for public sector employers. In a letter to
UK Government public sector borrowing reached £10.4 billion in July, however, this was £10.1bn less than in July 2020.
The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).
An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the UK Government's business secretary Kwasi Kwarteng.
The UK government will undermine devolution if they establish freeports in Scotland and Wales without reaching agreement with devolved governments, according to Scottish and Welsh ministers. The devolved governments said that while they were committed to working with the UK government, UK ministers
The UK Government has told UK firms struggling with coronavirus-related debts that it will not pursue them for unpaid taxes in an attempt to avoid an increase in insolvencies this summer. Restructuring experts have said that many company companies will feel the full weight of the COVID-19 pandemic o
The UK Government’s plans to shake up the accountancy sector are facing a significant setback, as smaller firms consider snubbing reforms that would see them share FTSE 100 work with the Big Four companies. UK ministers have proposed “managed shared audits” of FTSE 350 businesses,
All UK firms that employ veterans will be exempt from paying national insurance on the first 12 months of their employment.