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Honeywell and Cambridge Quantum hit new milestones
The newly combined technology powerhouse of Nasdaq-quoted Honeywell and Cambridge Quantum has reached three major milestones to help bring quantum computing to real-world applications. Industries such as aviation, steel manufacture and logistics stand to benefit hugely from the advances the partners are effecting as they blitz the boundaries. The technical milestones demonstrate the viability of …
Business
Sky News
UK considers import taxes to combat ‘carbon leakage’ but wants global deal
Britain is exploring a radical new set of taxes on high pollution imports into the UK, the trade secretary has told Sky News.In an exclusive interview, Liz Truss said that the government is considering introducing a carbon border adjustment tax if efforts to get an international deal combating climate change and carbon pricing do not …
Business
Sky News
Pent-up demand for summer outfits delivers sales surge for Next
Shoppers’ pent-up demand for summer outfits has helped fashion retailer Next smash sales targets and lift its profit forecast.A staycation boost to UK consumer spending and the build-up of savings during lockdowns were also given as key factors behind the success. Shares in the group surged higher as it reported an 18.6% rise in full-price …
Business
Business Live
New £375m Future Fund from the UK Government will do little to level up
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Business
Business Live
Midlands entrepreneur Mo Chaudry invests in new chain of childcare centres
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Business
Sky News
PM branded ‘superspreader of confusion’ as he says sorry to businesses for ‘pingdemic’ chaos
Boris Johnson has apologised to businesses impacted by a rising number of staff members having to self-isolate due to coming into close contact with a positive coronavirus case.Speaking at the last PMQs before the summer recess, the prime minister – himself isolating at Chequers after coming into contact with COVID-positive Health Secretary Sajid Javid last …
Business
Business Live
New micro brewery launches at restored historic Northumberland pub
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Business
Business Live
Premier Modular wins major HS2 contracts to deliver construction bases
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Business
Business Live
Liverpool stripped of UNESCO World Heritage status after crunch vote
Business
Evening Standard
Government debt costs rocket to nearly £9bn a month
THE government paid nearly £9 billion in interest on the national debt last month, a record, increasing fears that the cost of Covid is spiralling out of control.Public sector net borrowing – the deficit – was £22.8 billion in June. That is far lower than official forecasts as the economy bounces back faster than expected …
Business
Sky News
M&S warns of political ‘running sore’ in NI over sausage wars
Marks & Spencer’s chairman Archie Norman has warned of a political “running sore of symbolic proportions” if UK chilled products are banned in Northern Ireland.Mr Norman also said consumers in Northern Ireland faced higher prices and empty shelves as a result of the “pointless and byzantine” way post-Brexit rules are being enforced. The retail boss …
Business
Sky News
Record £8.7bn spent on UK’s ballooning debt pile in June
Britain spent a record £8.7bn in interest payments on central government debt last month, official figures show.The figure was £6bn higher than at the same time last year largely because nearly half a trillion pounds worth of government bonds are linked to inflation, which has been rising. Borrowing overall – the shortfall between government spending …

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