British Business Bank cuts jobs in automation push Banking The British Business Bank slashed its headcount in the last year as the government-owned economic development bank underwent a major restructuring. The bank – which backs loans from financial institutions in a bid to drive up UK small business lending – said in its annual report “a number of colleagues were placed at risk under [...]
The seven growth tests every Budget must pass Opinion The next Budget will inevitably contain difficult fiscal choices. But before any measure is announced, ministers should be required to answer a far simpler question: What business behaviour is this designed to change, says David Bharier When Rachel Reeves stood at the despatch box on 30 October 2024 to deliver her first Budget, an employer [...]