The chief executive of the New Zealand Food and Grocery Council (NZFGC) Katherine Rich has told Australian Food News today that the UK”s announced sugar tax will not help fight obesity. Under the UK tax, drinks which contain more ...
Tags: NZFGC, Katherine Rich, Sugar tax
Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
The UK government has confirmed that it will start trialling driverless lorry technology in the UK. Earlier in the month the Department for Transport said that the UK was to lead the way in trialling "HGV platoons". Now the Chancellor ...
Chinese President Xi Jinping paid a four-day state visit to Britain from Oct 20 to 23, during which the two countries signed cooperation agreements worth a combined 40 billion pounds, including Chinese investment in a British nuclear power ...
Tags: China-Britain Rapport, closer ties
More than 5,000 British students will be taught Mandarin in schools, after a 15 million US dollar funding boost announced Wednesday by the British government. Last year, only about 2 percent of state funded primary schools in Britain and ...
Tags: British students, Mandarin, Chinese
Japanese car maker Nissan has announced plan to invest £100m into its Sunderland plant to manufacture the company’s next generation Juke crossover car. The plant began operations in 1986 and since then 8 million vehicles ...
Tags: Crossover Car, Nissan
UK Chancellor of the Exchequer George Osborne has earmarked £100m funding for carrying out research and development of automated cars and its supporting systems during the next five years. The funding will be matched by the ...
Tags: vehicles, IT, Auto Parts
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
UK Chancellor of the Exchequer George Osborne has cut duty on spirits and cider by 2% and froze duty on wine and slashed the price of beer by a penny a pint for the third year now. In the budget speech presented in the House of ...
The Scotch whisky market in the UK has shrunk by almost 5% as consumers and industry continue to be impacted by the heavy tax regime. The tax is approximately 80% as a share of the price of an average bottle of the drink. The figures, ...
Tags: Scotch Whisky Market, Fairer Tax, Whisky
Riaz Ahmed, owner and MD of Lancashire bed and furniture manufacturer Sweet Dreams, was invited to visit Chancellor Rt Hon George Osborne MP last week to discuss how to promote business in the north with other major employers and ...
Bentley Motors will expand its headquarters in the town of Crewe in England with an investment of £40m, thus increasing its total capital in the facility to £840m. The carmaker will build a new 45,000m2 research and ...
Tags: Bentley Motors, styling studio, Auto
Ahead of the Chancellor’s Autumn Statement in December, national business group the Forum of Private Business (FPB) has written to George Osborne with a list of top business wants that will provide much needed the short-term support ...
Tags: tax, late payment, Autumn Statement, Furniture
LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
United Kingdom to allow Chinese companies to purchase stakes in latest $25.9b reactor project The United Kingdom recently signed a $25.9 billion deal to build a new nuclear power plant at Hinkley Point in the southwestern part of England. ...
Tags: Nuclear Power, nuclear plant