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
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
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
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 ...
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
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
Initial stakes will be small but will grow The government of the United Kingdom welcomes Chinese investment — possibly including majority stakes — in the next generation of nuclear power plants, Chancellor of the Exchequer ...
Tags: Nuclear, Metallurgy, Mineral, Energy
The UK government's announcement on 14 October that it will simplify and streamline the visa application process for Chinese visitors visiting Britain was welcomed by the UK Chinese Visa Alliance (UKCVA), an Alliance which represents ...
Tags: China Visa Rules, Fashion Retailer
HM Revenue & Customs (HMRC) has announced that it is working with tax administrations from the United States (the IRS) and Australia (the ATO) on analysing data to reveal "extensive use of complex offshore structures to conceal assets by ...
Tags: HM Revenue, Tax Evaders
The Government is to call for bids to share £55m for research into autonomous systems, robotics, and large scale energy storage. The cash is part of £600m towards the UK's scientific research infrastructure announced by the ...
Tags: Electronics, Robotics
Scientists at Imperial College London are set to receive over £4.5 million of public funding to investigate how the 'super material' graphene can drive improvements in high-tech industries, such as aerospace design and medical ...
Tags: graphene, high-tech industries, commercialise graphene
Facebook opened an engineering centre in London today, its first outside the US. The London hub, launched by Chancellor of the Exchequer George Osborne, will focus on building Facebook mobile and platform products. "There are 7,000 ...
Tags: Facebook, London, engineering centre, mobile devices
The one day on offer for mobile operators to submit their bids for Ofcom’s 4G spectrum auction is here – Tuesday 11 December. The providers have had weeks to prepare the tenders, but will only have until 4pm on the 11th to ...
Tags: 4G, Application Day, Computer Products
Chancellor of the Exchequer George Osborne has revealed the 12 cities awarded funding for superfast broadband roll-out in the second phase of the government’s ‘super-connected cities’ programme. He made the announcement ...
IT trade body Intellect is calling for the chancellor of the exchequer George Osborne to abandon the Carbon Reduction Commitment (CRC). Intellect argues that, since datacentres underpin a modern digital economy, the growth in data volumes ...
Tags: Intellect Calls, Chancellor, CRC, Carbon Tax