Congressional Republicans are racing to harness the momentum left behind by Elon Musk’s Department of Government Efficiency (DOGE), and the leaders of a new House GOP initiative are hoping they have the solution. ‘You tell people the word ‘rescission,’ in my district, I’m sure that polls pretty low, but they know waste, they know fraud, and they know abuse,’ Rep. ...
Adam N. Michel The House-passed reconciliation bill includes a new tax measure designed to retaliate against foreign taxes that discriminate against American businesses. This new tax takes aim at the proliferation of targeted and extraterritorial taxes, legitimized and promoted by the Organisation for Economic Co-operation and Development’s (OECD) two-pillar Inclusive Framework. I recently summarized the OECD project, its current status, ...
Marks & Spencer has reopened its website for online orders, nearly two months after a significant cyberattack brought its e-commerce operations to a standstill. In a statement, the retailer confirmed that a selection of its bestselling fashion ranges is now available for home delivery across England, Scotland and Wales. Deliveries to Northern Ireland are expected to resume “in the coming ...
The UK labour market suffered its sharpest decline in payroll employment since the height of the Covid-19 pandemic, according to the latest official data, with wage growth cooling and job vacancies continuing to fall. Figures from HM Revenue & Customs revealed that the number of payroll employees fell by just over 109,000 in May — the steepest monthly fall since ...
In 2025, a quiet revolution is transforming the way small and medium-sized enterprises (SMEs) grow and compete in the UK. This revolution isn’t being driven by cheap capital or tax cuts—but by innovation. More specifically, by the early adoption of artificial intelligence and green technologies. As inflation stabilises, consumer habits shift, and supply chains evolve post-Brexit and post-pandemic, it is ...
I’m all for a bit of back-patting. Especially when it’s well deserved, and even more so when the hand doing the patting is someone else’s. So when Press Gazette – the hallowed trade rag of media geeks and PR doyennes – recently ran a lovely write-up on the growth of Capital Business Media, I was delighted. Beaming, in fact. There’s ...
The hottest topic nowadays revolves around Artificial Intelligence (AI) and its potential to rapidly and imminently transform the world we live in — economically, socially, politically and even defensively. Regardless of whether you believe that the technology will be able to develop superintelligence and lead a metamorphosis of everything, the possibility that may come to fruition is a catalyst for ...
Small and medium-sized enterprises (SMEs) are the lifeblood of the UK economy, accounting for over 99% of all businesses and employing more than 16 million people. Yet for years, access to finance has remained one of the sector’s biggest obstacles—especially in a post-pandemic, high-interest rate environment. Now, one community lender based in Wolverhampton is demonstrating how the tide may be ...
Small businesses across the UK are being invited to play a central role in the country’s future defence strategy, as the government launches a landmark £400 million innovation fund aimed at transforming military technology and procurement. It’s a move that could dramatically reshape the opportunities available to SMEs working in fields such as artificial intelligence, robotics, cybersecurity and advanced materials. ...
A new academic study has shed light on what really wins over investors on Shark Tank — and it turns out, not all confidence is created equal. Researchers from Vlerick Business School, Iowa State University, Texas Tech University, the University of Oklahoma, and Baylor University analysed 789 entrepreneur pitches across 12 seasons of the hit TV series. Their findings reveal ...