Vertical’s flying taxis stay British as £10m seals 1,000 jobs
Britain’s flying taxi champion has committed to building its aircraft at home, promising more than 1,000 British jobs and thousands more across an SME-heavy supply...
Farnborough opens with $48.8bn in orders and £7.7bn for UK industry
The Farnborough International Airshow closed its opening day with $48.8 billion (£36.2 billion) of deals at list prices, and an estimated £7.7 billion of that...
British Business Bank triples profit as SME finance hits record £9.4bn
The British Business Bank has tripled its pre-tax profit to £426m while channelling a record £9.4bn of finance to smaller firms, proof, it says, that...
Borrowing beats forecasts at last, handing Healey an early win
The public finances have produced their first pleasant surprise of the fiscal year, and it landed on John Healey’s desk barely a day after he...
Burnham scraps VAT on electricity bills but most firms miss out
Andy Burnham has scrapped VAT on household electricity bills in the first economic act of his premiership, a cut worth around £45 a year on...
Iceland boss quits No 10 job: ‘damn hard to get anything done’
The businessman brought in to fix Britain’s cost of living crisis has quit, declaring it “damn hard to get anything done” in Whitehall, the day...