A US company that supplies the UK food industry with carbon dioxide will receive “many millions” of pounds from the UK government to restart production and keep the sector supplied.
The UK’s “de facto” flagship industrial policy “appears to have completely failed” to encourage research and development spending, a group of Cambridge academics have found.
A government programme hoped to address long-term problems facing the UK economy is too focused on how much it spends, rather than the results it achieves, MPs have said.
The government has confirmed it will triple the cap for Covid-19 business grants administered by local authorities as it moves away from European Union state aid rules.
This week, PF revealed that the Valuation Office Agency has halted talks over business rates rebates for offices – but the government could still face a bill of £500m to compensate councils for lost...
Chancellor Rishi Sunak has announced a grant funding package worth up to £4.6bn to be allocated by councils, to help keep businesses in Britain afloat following the third national lockdown.
Councils face a massive rise in business rates appeals, which have reached around 1,000 a day as a result of Covid-19, according to real estate firm Colliers.
Liverpool City Region is to launch a £10m emergency fund in a bid to protect hospitality and leisure businesses from the economic impact of new Covid-19 restrictions.
As much as £26bn paid out under the government-backed Bounce Back Loan Scheme could be lost to fraud or default, according to the National Audit Office.
The government has announced it is to allocate £1.57bn in grants and loans to museums, galleries, theatres, independent cinemas, heritage sites and music venues, in a bid to offset the financial...
The government has announced it will quadruple the size of loans available through the Coronavirus Large Business Interruption Loan Scheme from £50m to £200m.
UK GDP contracted by 2% in the first quarter of this year, the biggest drop since the 2008 financial crisis, according to statistics from the Office for National Statistics.
The coronavirus pandemic is on course to cause the deepest recession in the UK since the financial crisis of 2008, according to the Centre for Economics and Business Research.
Rishi Sunak has expanded the 100% business rates holiday to all leisure, retail and hospitality businesses, as he updated the Treasury's coronavirus package.
The number of outstanding business rates challenges jumped by 35% over a three-month period - from 9,260 in at the end of June 2019 to 12,580 by the end of September 2019, official figures have shown...