Rachel Reeves’s planned overhaul of inheritance tax reliefs for farmers and family businesses could end up costing the Treasury nearly £2 billion by 2030, rather than raising revenue as intended, a new analysis has warned. Reforms to Business Property Relief (BPR) and Agricultural Property Relief (APR), set to come into force in April, were projected to generate £1.8 billion by ...
UK-based cybersecurity firm ThreatSpike has raised $14 million in Series A funding to expand its mission of simplifying enterprise security through a unified, end-to-end platform. The round was led by growth equity firm Expedition Growth Capital, with key additions to ThreatSpike’s board including Will Sheldon, Partner at Expedition, and Emily Orton, co-founder of Darktrace. Founded in 2011 by computer scientists ...
In a digital-first world where automation rules and inboxes are jammed with pitches, one company has quietly taken the opposite route — and succeeded. OLN Inc, founded by Elijah Medge in 2007, runs on something older than the internet: face-to-face interaction. With its roots in Nashville and its reach now across 30 U.S. cities, OLN Inc specializes in direct sales ...
Jacob Zach Winsett didn’t always see himself as a judge or an attorney. He started life far from a courthouse—on a farm in Chrisney, Indiana. His days were spent helping his dad, who worked as both a farmer and a welder. It was honest work that taught him discipline early on. “I learned about responsibility at a young age,” Winsett ...
When you operate in an industry that requires managing a company’s fleet, you already know how challenging it can be at times. It’s either a breakdown or an accident involving a vehicle or feeling like you’re at the breaking point with fuel prices going high. However, there are fleet fuel management tips and techniques to help you reduce unnecessary expenses. ...
British manufacturers have urged the government to ensure that small and medium-sized businesses are major beneficiaries of the UK’s rising defence spending by embedding legally binding offset agreements in future military procurement contracts. Ahead of the release of the government’s revised Defence Industrial Strategy, MakeUK Defence — the trade body representing more than 600 UK defence manufacturers — is calling ...
Two of Britain’s largest bioethanol producers have issued stark warnings that a recent UK-US trade deal could trigger site closures and significant job losses across the sector, unless the government intervenes with targeted support. The concerns centre on the removal of a 19 per cent tariff on US ethanol imports as part of the transatlantic trade agreement, which industry leaders ...
Almost half of UK employers have seen increased staff turnover as a result of delaying pay rises for professionals and white-collar workers, according to new research from global talent solutions consultancy Robert Walters. In a survey of UK business leaders, 47% admitted that postponed or reduced salary reviews had led to higher employee attrition, as organisations struggle to balance cost ...
More than two thirds (68 per cent) of leaders of small and medium-sized businesses believe that their company is resilient after weathering the recent storms brought on by external events. The annual American Express Business Barometer found that this sense of resilience was matched by growing optimism. Almost three quarters (73 per cent) of SME bosses were confident about the ...
Small and medium-sized enterprises (SMEs) across the UK are showing remarkable resilience by prioritising employee welfare and environmental sustainability, despite mounting economic pressures, according to new research by Purbeck Insurance Services. As inflation and the cost of living continue to strain households and businesses alike, over half (51%) of SMEs have stepped up to support their staff. The survey by ...