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Matthew Davies

Matthew Davies


Articles

Europe's biggest onshore wind farm, Whitelee Windfarm on the outskirts of Glasgow. Sir Tom Hunter, is urging the government to reduce the corporate tax rate on crucial growth industries in Scotland. PA
Leading entrepreneur calls for Scotland to become a low tax economy

Sir Tom Hunter says lessons from Ireland's success, such as lower corporation tax levels, can be applied to Scotland's economy

UKAugust 22, 2023
An advertisement for the video game Call of Duty. British regulators are taking a second look Microsoft's $69 billion deal to buy videogame maker Activision. AP
Microsoft deal to buy Activision gets reboot from British regulators

In an unusual move, the $69 billion deal is being reconsidered by the UK's Competition and Markets Authority

TechnologyAugust 22, 2023
Public sector net borrowing stood at £4.3 billion in July, £3.4 billion more than a year ago. PA
Tight labour market boosts UK tax receipts

Government borrowing was less than predicted but was still the fifth highest July figure on record

EconomyAugust 22, 2023
A cyclist passes through a low-traffic neighbourhood barrier. Prime Minister Rishi Sunak has called for a review of LTNs in England but three weeks on nothing has been done. Getty Images
What's in a name? UK's 'LTN' review sets up return of rat-runs

Rishi Sunak teed up 'culture war' reforms three weeks ago but project seems to have stalled

UKAugust 21, 2023
Street scene in the rain on Whitechapel High Street in London, United Kingdom. UK retail sales volumes fell 1.2% in July, as bad weather kept shoppers away (photo by Mike Kemp/In Pictures via Getty Images)
Rainy weather dampens UK retail sales

July volumes fell 1.2% as wet days led to a High Street washout, but online sales volume rose

UKAugust 18, 2023
BAE Systems is one of the partners in the Europfighter Typhoon jet programme. Antonie Robertson / The National
BAE Systems lands $5.55 billion deal to buy Ball Aerospace

Analysts say it is a good buy despite being 'slightly expensive'

BusinessAugust 17, 2023
Shopping at an Asda supermarket, in Aylesbury, Buckinghamshire. Britain's annual inflation rate dropped sharply in July to below seven per cent, off the back of lower energy prices and in line with economists' expectations. AFP
Mixed inflation data confuses outlook for UK interest rates

With the headline figure falling and core inflation refusing to budge, what next for Britain's embattled households?

EconomyAugust 16, 2023
Inflation fell to 6.8% in July from 7.9% the month before, largely due to a fall in gas prices. PA Wire
Drop in energy prices drives fall in UK inflation

Headline figure was in line with expectations, but still considerably above the Bank of England's 2% target

EconomyAugust 16, 2023
UK basic wages grew at their fastest pace in more than 20 years between April and June, according to the ONS. PA
UK wage growth hits record high of 7.8%

It is the highest regular annual growth rate since 2001, according to the Office for National Statistics

EconomyAugust 15, 2023
Beachgoers shelter from the rain outside their beach hut in Broadstairs, Kent. Getty Images
SPECIAL REPORTSoggy summer leaves UK's seaside businesses floundering

Sixth-wettest July on record has meant many businesses have missed out on tourist spending over crucial summer spell

BusinessAugust 11, 2023
The main reception room at the five-bedroom, five-storey 60 Portland Place. Photo: Beauchamp Estates
Hitchcock-linked sanctuary for sale in London at £19.75m

The elegant Georgian mansion on Portland Place is on the market for £19.75 million

UKAugust 11, 2023
More than a third of employers report an increase in staff working from home compared with 2022. PA Wire
Working from home 'on the rise' as cost of living bites

More than a third of UK employers report more staff opting to work remotely

UKAugust 10, 2023
Firefighters battle a blaze in Portugal. Officials said thousands of hectares were at risk across the country. AFP
Heatwaves and wildfires fail to dent holiday demand, says Tui

Travel company claims demand for trips to Mediterranean destinations has been temporarily dampened

UKAugust 09, 2023
About 31,000 used battery electric cars were sold in the second quarter of the year. PA Wire
Demand for electric vehicles drives higher used-car sales

UK sales of used electric cars rose 81.1 per cent between April and June, compared with the same period last year

UKAugust 09, 2023
Homes in east London. House prices across the UK fell by 2.4 per cent in July year-on-year. EPA
UK house prices fall 2.4% in July

Fourth monthly decline in a row but conditions are starting to favour first-time buyers amid bleak outlook, experts say

UKAugust 07, 2023
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