Year: 2025

Immigrants across Europe and North America earn almost 18 per cent less than native-born citizens on average, with the gap driven largely by unequal access to higher-paying jobs, according to new research published in Nature. The study, led by Professor Halil Sabanci of the Frankfurt School of Finance & Management, examined employer-employee data from 13.5 million people in Canada, Denmark, ...

The Government has put electric vehicles and batteries at the sharp end of its Modern Industrial Strategy, targeting more than 1.3 million cars and commercial vehicles a year by 2035 and a home‑grown supply chain from raw materials to recycling. A new £2.5 billion package for the auto sector, lower industrial power prices and a £452 million battery R&D drive headline the ...

The UK labour market continued to cool over the summer, with job vacancies falling 5.8% to 718,000 between May and July, according to the Office for National Statistics (ONS). It marks the 37th consecutive monthly decline in vacancies, taking openings well below pre-pandemic levels. The ONS said almost every sector saw a drop, with some employers opting not to recruit ...

The Treasury is examining reforms to inheritance tax (IHT) and capital gains tax (CGT) as part of efforts to raise billions of pounds ahead of the autumn budget, with officials tasked with finding ways to address a deficit estimated at more than £40bn. According to Whitehall sources, one focus is on tightening rules around lifetime gifting – a common method ...

The UK Government has set out a sweeping plan to make Britain “the best place in the world to start, grow and invest” in advanced manufacturing by 2035—aiming to near‑double annual business investment in the sector from £21 billion to £39 billion while sharpening the country’s edge in six frontier industries. The plan couples cheaper energy for factories with fresh ...

The Government has put electric vehicles and batteries at the heart of its Modern Industrial Strategy, with an explicit aim to lift UK output to more than 1.3 million cars and commercial vehicles by 2035 and to anchor gigafactories and their supply chains on British soil. The Advanced Manufacturing Sector Plan, published as part of the strategy, couples long‑term funding ...

Matthew Cavedon If you blinked, you probably missed it: In the same press conference where he announced a federal takeover of DC policing, President Trump also mentioned that he is considering rescheduling marijuana. This small but positive move would build on efforts started under President Biden. For half a century now, marijuana has been classified under Schedule I of the ...