News

Magazine archive
Investors retreat from sterling ahead of spring statement and looming £15bn spending cuts

Institutional investors have offloaded the pound at the fastest pace since 2023 in anticipation of this week’s spring statement, where Chancellor Rachel Reeves is expected to unveil £15 billion in spending cuts as part of efforts to restore fiscal discipline. According to Bank of America, the past three weeks have seen the sharpest outflows from sterling in over two years, with money managers — including asset managers and mutual funds — reducing exposure to the...

No signal, no problem: Intelligence firm debuts drone tech equipped to beat GPS jammers

A key geospatial intelligence firm on Tuesday announced a new product that can operate drones even in areas where the GPS signal has been jammed – cutting through modern defenses in the age of unmanned vehicular warfare.  The war between Russia and Ukraine presented a unique problem: each military had learned how to jam the other’s GPS signals, meaning their drones would be flying blind. This prompted the latest innovation from Maxar Intelligence, a drone-guiding...

Can Congress defund federal courts with key Trump budget process?

As Republicans look for ways to rein in federal judges issuing countless orders to halt the Trump administration’s action on immigration in particular, a number of potential avenues for doing so are being considered.  However, the use of a key budget process that lowers the Senate’s threshold to 51 votes to defund certain courts could face significant obstacles. Rep. Chip Roy, R-Texas, House Freedom Caucus policy chair and chair of the House Judiciary Committee’s subcommittee...

Are UK SMEs missing out on valuable Research and Development (R&D) tax relief?

Office for National Statistics (ONS) data suggests more than a third (36%) of all small and medium-sized enterprises across the country engage in innovative activities. Despite this, fewer than 6% appear to submit R&D tax claims. This means businesses that meet the strict R&D tax qualifying conditions and criteria could potentially be missing out on claims worth tens of thousands of pounds. The research, conducted by small business accountants, Wellers, also highlights considerable regional variations....

LGBTQ+ Business Trends: How the Lesbian Dating Industry Is Growing

Let’s set the scene: the LGBTQ+ community is making waves in the business world. From emotive branding to creative startups, their presence is stronger than ever. And it’s not just a passing moment, it’s a shift worth honoring. Today, we’re zooming in on the lesbian dating industry, a fascinating niche within online dating that’s growing at an impressive pace. This surge is powered by two big forces: social progress opening new doors and technology. It’s...

White House mistakenly shares Yemen war plans with a journalist

WASHINGTON – Top Trump administration officials mistakenly disclosed war plans in a messaging group that included a journalist shortly before the US attacked Yemen’s Iran-aligned Houthis, the White House said on Monday, following a first-hand account by The Atlantic. Democratic lawmakers swiftly blasted the misstep, saying it was a breach of US national security and a violation of law that must be investigated by Congress. The Atlantic’s editor-in-chief Jeffrey Goldberg said in a report on...

SCOOP: Mike Johnson meeting House Judiciary Committee as GOP mulls response to activist judges blocking Trump

Speaker Mike Johnson, R-La., is expected to privately meet with Republican members of the House Judiciary Committee on Tuesday, two people familiar with the plans told Fox News Digital. The timing or reason for the meeting is not immediately clear, but it comes as Republicans in Congress map out how to respond to what they see as ‘activist’ judges blocking President Donald Trump’s agenda. The committee is currently scheduled to mark up several pieces of...

Pam Bondi threatens prosecution amid DOGE’s findings about fraud: ‘We’re coming after you’

U.S. Attorney General Pam Bondi issued a stern warning to those engaged in government fraud at the most recent Cabinet meeting on Monday. Speaking with President Donald Trump present at the meeting, Bondi thanked Tesla CEO Elon Musk for uncovering ‘fraud, waste and abuse’ through the Department of Government Efficiency (DOGE) initiative. ‘A lot of waste and abuse, but there is a tremendous amount of fraud,’ Bondi began. ‘And, Elon, thank you for your partnership....

Building a Global Business: The Importance of Strategic Travel and Efficient Logistics

Are you seeking means to globalize your business? If that is the case, you require more than only a commendable business product or service. A good strategy can help you globalize your business. Globalization is speeding up, so you need ideal travel and logistical strategies to ensure your business succeeds. Building a successful global company is a piece of cake if you can manage logistics efficiently. Today’s corporate environment and markets are extremely competitive. Thus,...

Trump nominates Susan Monarez to become the next CDC director, says Americans ‘lost confidence’ in agency

President Donald Trump has named Susan Monarez as his nominee for the next director of the Centers for Disease Control and Prevention (CDC), calling the candidate ‘a dedicated public servant.’ Monarez, who is currently acting director of the CDC, replaces Trump’s original nominee for the role, Dr. David Weldon. The Trump administration never gave an official reason why Weldon’s nomination was withdrawn earlier this month, but a source familiar with the matter told Fox News...