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Business

  • Third of employers would hire young people if offered tax credits

    October 21, 2025

    Over a third of employers would hire more young people if they were offered tax credits, fresh research has found, amid reports the government is drawing up a plan to subsidise employment for under 24-year-olds.  Research by the Recruitment and Employment Confederation (REC) showed some 36 per cent of employers claiming they would offer role [...]

  • Railways an ‘untapped resource’ for housebuilding drive

    October 21, 2025

    Railway stations are a crucial untapped resource for housebuilding and economic growth, according to a new report. The Railway Industry Association (RIA), which represents suppliers to the sector, has called for a significant housebuilding drive within a 10-minute radius of railway station sites. “The railway is the economic backbone of the United Kingdom… [our proposal] shows [...]

  • FCA’s diversity requirements go ‘far beyond remit’, report warns

    October 21, 2025

    The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”.  Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]

  • UK needs a minister for drones to prepare for modern warfare

    October 21, 2025

    As autonomous warfare spending edges towards a quarter of the MoD’s budget, it makes sense to appoint a dedicated minister for drones.

  • Labour’s alarmed by the Green surge? So am I.

    October 21, 2025

    Spare a thought for Keir Starmer; he seems to have been so busy fighting a monster on the right, in the form of Nigel Farage, that he hasn’t noticed another deadly enemy emerging on the left. At least, that’s the concern expressed by some Labour MPs alarmed by the rise of the Greens and, specifically, [...]

  • ONS: We know we need to do more to improve our data

    October 21, 2025

    After calculation errors thwarted the publication of price indices in the spring, the ONS's James Benford explains how the institute has improved its dataset.

  • Waymo’s driverless taxi UK rollout puts legal system to the test

    October 21, 2025

    The UK is set to become the first European country to welcome Waymo’s driverless taxis but lawyers caution that current laws are fundamentally incompatible with the technology. Last week, Waymo announced its UK launch will start with a small fleet of human-supervised Jaguar I-PACE electric vehicles “in the coming weeks,” before moving to fully autonomous [...]

  • City chiefs sound alarm on China embassy

    October 21, 2025

    Senior figures within the City of London Corporation have told City AM of their concerns regarding China’s controversial plans for a new super-embassy on the edge of the Square Mile.  The proposed embassy development on the edge of the City of London has triggered alarms over possible threats to the security of sensitive cables passing [...]

  • F1 chief defends blockbuster $700m Apple TV deal

    October 20, 2025

    Cadillac chief Dan Towriss has defended Formula 1’s blockbuster new $700m media rights deal with Apple. The tech giant, whose digital arm streams Major League Soccer, signed a five-year deal for the US rights from 2026 last week reported to be worth over £500m, gazumping an ESPN offer for $90m per season. But the agreement [...]

  • Execs see pound signs in AI tech, not just efficiency

    October 20, 2025

    C-suite business executives are even more enthusiastic about AI than the lawyers and accountants at the professional services firms advising them. According to research by Thomson Reuters, 90 per cent of corporate C-suite leaders say AI will have ‘high’ or ‘transformational’ impact in the next five years, compared to just 80 per cent of lawyers [...]

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