Category: firms
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Firms fear record cost surge ahead of Reeves tax raid
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A record number of British business leaders are preparing for unprecedented cost pressure over the next year, driven by tax increase, increased energy bills and increased wage requirements, according to a new survey conducted by the IOD Institute. The poll revealed that 89 % of the respondents expect their costs…
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Fears grow over Workers’ Rights Bill as small firms warn of job cuts
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Small companies across the United Kingdom urge the government to expand the proposed employment rights bill, warning that comprehensive changes may hinder employment and cause widespread work losses. The Federation of Small Companies (FSB), which represents thousands of employers throughout the country, claims that plans – including the expanded reasons…
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UK firms plan biggest layoffs in a decade as business confidence collapses
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UK employers are preparing for the largest wave of repetition in a decade, as confidence between companies decreases amid concerns about the high costs and tax increase that will turn into effect as of April. A new survey from the Charterd Institute for Employees and Development (CIPD) revealed that the…
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Indian Power Giant Discusses Nuclear Buildout With Foreign Firms
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Bread path links PMN Business The company’s executive official said that the largest products in India, the largest energy producer in India, are holding preliminary conversations with a group of foreign technology suppliers to expand nuclear energy as the country puts its carbon removal efforts. The author of the article:…
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How Top Futures Prop Firms Use Advanced Analytics to Stay Ahead
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Futures trading companies (pillars) work in an intense competitive scene, as they determine the ability to make fast and enlightened decisions. With the development of markets, companies gain benefit from advanced analyzes a great advantage over those that depend on traditional methods. With fluctuations and liquidity that make up the…
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Two hundred UK firms cement four-day week as new norm
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Two hundred British companies have now made a four-day work week a basic player for all employees-without salary cuts-a step that supporters preach as a basic re-invention of the country’s work culture. The latest numbers of the week’s Foundation for 4 days employ together more than 5,000 people, with charities,…
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Lightspeed’s $2 Billion Anthropic Megadeal Cements VC Firm’s AI Ambitions
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(Bloomberg) – On the quiet days before last year, when most adventurous capital fell to the escapes in ASPEN or Jackson Hole, the investment team in LightSpeed Venture Partners was thinking about a piece of competition competition Openai. Most of them read from Bloomberg The Anthropier Investment Capital is close…
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Firms slash jobs at quickest rate in four years following budget tax hikes
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Companies shed jobs at the fastest pace in four years last month after rising staffing costs and growing uncertainty from the fall budget dented confidence, according to the latest S&P Global data. Excluding pandemic-era figures, the decline in headcount was the steepest in more than 15 years, with nearly a…
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Law firms APM and Dr. Eyal Bressler merge
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After a break of several months without a merger between major law firms, the first merger took place in 2025: the intellectual property firm of Dr. Eyal Pressler & Associates, merging with Amit Pollak Matalon & Associates (APM). Twelve attorneys and patent attorneys will join APM from Dr. Eyal Pressler…
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UK exporters face £27bn Brexit hit as smaller firms bear the brunt
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Small UK exporters have been hit hard by new post-Brexit barriers, contributing to a £27bn shortfall in goods sales to the EU since Britain left the bloc’s single market and customs union. Research by the Center for Economic Performance at the London School of Economics reveals that Brexit led to…
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Israeli defense firms beat world average in revenue growth
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The total revenues of the world’s 100 largest defense companies increased by 4.2% in 1,023 companies compared to the previous year. The list includes Israel’s three largest defense companies – Israel Aerospace Industries (IAI), Elbit Systems (TSX: ELST, Nasdaq: ELST), and Rafael Advanced Defense Systems – which saw combined revenues…
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Community lenders unlock £1bn to support small firms rejected by banks
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Small businesses in some of Britain’s most deprived areas are expected to benefit from £1bn in loans, thanks to a government-backed initiative by community finance organisations. The British Business Bank (BBB) has launched a £150 million, two-year plan to support community development finance institutions (CDFIs), which lend to businesses turned…
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Chinese chip firms say they can withstand new US export curbs
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Written by Eduardo Baptista and Heikung Yang BEIJING/SEOUL (Reuters) – Chinese chip companies targeted by Washington with new export controls have pledged to accelerate the localization of their supply chain and said they will be able to continue production thanks to recent efforts to build stockpiles of equipment. The latest…
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Government plans £100m annual levy on gambling firms to tackle harms
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Casinos and bookmakers across Great Britain are set to face a mandatory annual tax of £100 million to fund research, education and tackling gambling-related harms, under new government proposals expected to be announced soon. The move aims to replace the current voluntary donation system with a statutory tax, forcing gambling…
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Kenya Power drops plan for private firms to sell electricity in slums
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Kenya Power has dropped plans to tap private companies to connect customers in informal settlements and collect bills, following advice from the State Council and parent ministry. The company has now delegated the task to the state-owned Rural Electrification and Renewable Energy Corporation (Rerec), with Kenya Power tasked with ramping…
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Online taxis, food delivery firms, freelancers face hefty 6pc tax in new plan
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Ride-hailing services, online freelance jobs and food delivery companies face a tougher 6% tax, as the Treasury revived a proposal to raise revenue from these sources. In its new proposals, the Treasury proposed a new significant economic presence (SEP) tax at a rate of six percent, four times the 1.5…
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Solar boom sees 355 firms get Epra licences
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About 355 solar contractors, manufacturers and importers received production permits from the Energy and Petroleum Regulatory Authority (Epra) in the year to June 2024, indicating increased demand for solar services. As electricity prices continue to rise in Kenya, customers have increasingly turned to alternative sources of energy especially solar PV…
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Half of firms face delisting in secret owners crackdown
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More than half of the 794,741 companies registered in Kenya face the risk of delisting due to their failure to disclose the identities of secret shareholders who control more than 10% of the companies’ shares. As of last week, 50.28 percent or 399,595 registered businesses had not disclosed details, including…