News

Rachel Reeves will deliver her Spring Statement on March 3, just over three months after her November Budget, in what is expected to be a lower-key fiscal event focused more on forecasts than fresh policy announcements. Unlike the autumn Budget, the Spring Statement is not expected to contain tax rises or major spending cuts. Reeves has pledged to limit significant fiscal changes to a single annual event, giving herself £21.7bn of headroom in November to...

A new purpose-built workspace aimed at supporting Jersey’s growing community of founders and independent professionals will open its doors in Charing Cross this spring. House of Champions, located in a private courtyard in the centre of St Helier, has been designed as a flexible entrepreneurial hub with capacity for 40 members. The three-storey space blends traditional Jersey architecture with contemporary interiors, featuring exposed wooden beams, floor-to-ceiling windows and curated artwork intended to create a calm...

Violence and abuse against shop workers declined by a fifth last year, but retail leaders say crime levels remain far higher than before the pandemic and continue to pose a serious threat to staff safety. New figures from the British Retail Consortium (BRC) and Sensormatic Solutions show there were 1,600 incidents of violence and abuse against retail workers every day in 2024/25, down from 2,000 daily incidents the previous year. That equates to around 590,000...

FedEx has launched legal action against the US government seeking a full refund of tariffs imposed under Donald Trump, after the US Supreme Court ruled last week that the levies had been introduced unlawfully. The case, filed in the US Court of International Trade, names the United States, US Customs and Border Protection and its commissioner Rodney Scott as defendants. FedEx did not specify the amount it is seeking to reclaim but said it is...

UK-based AI startup Enginuity has raised £500,000 in fresh funding to accelerate its mission of unlocking the estimated $1.58 trillion in underused global intellectual property. The round was led by Fuel Ventures, with participation from Symvan Capital and a group of angel investors. Founded by innovation specialist Richard Heggie, Enginuity uses multi-agent artificial intelligence to map patents and research assets against real-time market demand signals. The platform aims to help corporates, universities, R&D teams and...