GSK plots $30bn investment into US in latest blow to UK’s pharma sector September 17, 2025 GSK has unveiled a new plan to spend $30bn (£22bn) on research and manufacturing facilities in the US. The London-based business said the capital would be deployed over the next five years and would create hundreds of high-skilled American jobs in areas such as AI and advanced digital technologies. The investment of £4.4bn per year [...]
Shortage of skilled lawyers challenges UK life sciences sector September 17, 2025 The UK market is experiencing a shortage of lawyers at life sciences businesses amid a growing need for talent to meet the rising demand for regulatory advice from businesses. A report from recruiter Major, Lindsey & Africa highlights a lack of UK candidates with expertise in legal, regulatory, and compliance matters, intellectual property (IP), and [...]
The UK’s Tech Prosperity Deal is a high-stakes gamble September 17, 2025 As President Donald Trump stepped on British soil, the two nations unveiled a landmark “Tech Prosperity Deal,” a pact aimed at cementing Britain’s position as a global leader in AI, quantum, and nuclear energy. Hailed by prime minister Keir Starmer as a “generational step change”, the agreement is underpinned by £31bn in private investment from [...]
Surinder Arora: Heathrow could be the next Thames Water September 17, 2025 Surinder Arora is the man bidding to break a decades-old monopoly by winning the right to build Heathrow’s third runway. With the government’s first remarks on proposals expected this month, he sits down with Ali Lyon to discuss the merits of his proposal, the reasons behind it, and why he thinks that – without urgent [...]
Employers are barely an afterthought for Labour September 17, 2025 The economy is flatlining. Unemployment is rising. Investors are fleeing our shores. At times like these, businesses needs support. But instead of a shot in the arm, they get a series of knives in the back. One of Labour’s first acts after coming to power was to hike Employer National Insurance Contributions. And now the employers [...]
Tech investment provides Starmer with some light relief September 17, 2025 The Special Relationship will be on display this week, but it will also be tested. On a commercial level, things are rumbling along rather nicely; £30bn of US investment into the UK’s AI infrastructure is nothing to sniff at. Donald Trump’s state visit comes with its own political baggage, on which more in a moment, [...]
‘Exhausting’ house buying process damaging the economy, says Santander September 17, 2025 The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]
Trump visit brings ‘historic’ £30bn investment into UK tech and AI September 16, 2025 Microsoft has announced its largest ever UK investment, pledging £22bn to expand AI infrastructure and build the country’s largest supercomputer, as president Donald Trump touched down in London for his state visit. The commitment forms part of a wider US-UK Tech Prosperity Deal, encompassing £31bn of American investment across AI, quantum computing, and advanced nuclear [...]
OBR ‘downgrades productivity’ in major pre-Budget blow to Rachel Reeves September 16, 2025 The Office for Budget Responsibility (OBR) has reportedly told Chancellor Rachel Reeves that it will downgrade productivity forecasts for the UK economy, blowing a hole in the public finances and making tax hikes all but guaranteed at this year’s November Budget. In another setback for the Labour government, the OBR has informed the Treasury that [...]
Super League Basketball insists season will go ahead despite ref appeal September 16, 2025 Super League Basketball chiefs insist the new season will tip off as planned this weekend despite making a late appeal for qualified referees to come forward. In an email seen by City AM and believed to have been sent on Tuesday morning, SLB’s operations coordinator Nick Hill contacted refs who officiated in pre-season games, some [...]