Business confidence in the UK has climbed to its highest level since Rachel Reeves’ first budget last October, though leaders warn the fragile recovery could be undermined by further tax hikes in the autumn. The Institute of Directors’ (IoD) index of optimism rose to -61 in August, up from -72 in July, recovering from a record low but still signalling ...
Seventeen years after its launch amid the global financial crisis, the Lewes Pound, the UK’s last surviving local currency, has ceased circulation. First issued in 2008 in the East Sussex town of Lewes, the currency became a symbol of independence and community resilience, created to support small businesses and keep money circulating locally. But the steady rise of cards and ...
One of the UK’s leading tech investors has urged pension funds to increase backing for British scale-ups, warning that too much of the upside from high-growth firms is flowing overseas. Saul Klein, co-founder of venture capital firm Phoenix Court, said that the UK has become Europe’s leading hub for “thoroughbreds” — fast-growing tech firms with revenues above $100 million — ...
Former FBI Director Robert Mueller was diagnosed with Parkinson’s disease, his family revealed to the New York Times. Mueller is the former special counsel who led the Russia investigation into President Donald Trump’s 2016 campaign. Mueller, 81, was diagnosed in 2021 and retired from public life the following year after briefly teaching law, according to a family statement provided to ...