Welsh government has published a new consultation on proposed changes to permitted development rights in Wales. The proposals include the introduction of additional rights across a number of forms of development alongside a change in the definition of ‘major development’. The consultation, which launched on 8 April 2025, proposes the introduction of permitted development rights […]
The buy-to-let (BTL) lender has today released the results of a poll to gauge the reactions of brokers to the chancellor’s latest fiscal event. The findings reveal a significant level of disappointment within the industry, with 77% of respondents expressing dissatisfaction with the announcements made by Rachel Reeves. The poll, which targeted mortgage brokers writing […]
UK health tech and life sciences startups raised $1.8bn in venture capital investment in Q1 2025, the sector’s second strongest quarter on record, according to new analysis from HSBC Innovation Banking UK and Dealroom. Health was the UK’s most funded sector this quarter by a wide margin, attracting more than twice the investment of the […]
Key stats from Morgan McKinley’s 2024 London Employment Monitor: 12% increase in jobs available quarter-on-quarter (Q1 2025 vs Q4 2024) 11% decrease in jobs available year-on-year (Q1 2025 vs Q1 2024) The latest employment figures from Morgan McKinley suggest that the number of job openings in the City’s financial services rose by 12% in the […]
Matt Britzman, senior equity analyst, Hargreaves Lansdown: “Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing – and at times contradictory – messages coming out of the White House. Despite the drama, European markets have taken an easing stance on […]
Announced by the chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more smaller businesses across the UK. The extra funding is aimed at smaller businesses that may need support with cashflow issues due to changes in global tariff rates. Delivered by the British Business Bank through around 50 […]
Contractors and subcontractors in the UK building sector must understand the Construction Industry Scheme (CIS) and follow its rules to avoid costly losses, say leading audit, tax and business advisory firm, Blick Rothenberg. Viktor Gottschlich, a senior manager at the firm, said: “CIS is an anti-fraud measure for construction work which ensures compliance with both […]
The UK economy grew by 0.5% in February, according to ONS, surpassing expectations ahead of the incoming impact of tariffs and trade wars. City of London economists had predicted a rise of just 0.1%, but ONS has reported a surprise rise driven by a boost in manufacturing and production, helping to overturn a modest dip […]
The gravity of recent weeks for the UK automotive industry was signified on Monday with the prime minister and chancellor moving quickly to announce – at the production line of one of Britain’s globally renowned car makers – the outcome of government’s Zero Emission Vehicle Mandate and 2030 end of sale consultation. It is a significant […]
Derren Nathan, head of equity research, Hargreaves Lansdown: “Investors can be forgiven for feeling a little seasick after this week’s wild gyrations. However the FTSE looks set to open with a sense of optimism after UK GDP figures showed the economy grew 0.5% in February, faster than the 0.1% expected by economists. Construction, services and […]
