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Prime Minister announces £850m tax cut on electricity bills
The new government has confirmed an £850m reduction in electricity taxes as part of its first major policy announcement. This move aims to …
UK biotech venture investment reaches five-year high of over £2bn
UK biotech companies secured £2.11bn in equity financing during the second quarter of 2026, marking the sector's strongest performance in f…
Volunteer pilots spot remote wildfires from the air to speed up emergency response
Pilots from the charity Civil Air Support have identified two wildfires in Hampshire and Cornwall while on routine flights. By alerting eme…
Prime Minister Andy Burnham announces six-month VAT cut on electricity bills
Prime Minister Andy Burnham has announced that VAT on electricity bills will be removed for six months starting 1 October to help household…
New eco-friendly asthma inhaler approved for use in the UK
The Medicines and Healthcare products Regulatory Agency has authorised a version of the Clenil Modulite inhaler that uses a low-carbon prop…
Commercial aircraft deliveries reach eight-year high as global order backlog hits record levels
The UK trade association ADS reports that 673 commercial aircraft were delivered in the first half of 2026, a 13% increase on the previous …
UK biotech sector secures over £2 billion in venture capital during second quarter
UK biotech companies raised more than £2 billion in venture financing during the second quarter, marking a five-year high for the industry.…
New legislation legalises plug-in solar panels for UK homes
The government has introduced legislation to allow the use of plug-in solar panels, removing the requirement for professional electrical in…
Public finance institutions invest £50bn in UK businesses over two years
Public finance bodies including the British Business Bank and Innovate UK have invested £50bn into UK firms since 2024, helping to support …
Bank of England to stop accepting thermal coal bonds as loan collateral
The Bank of England will no longer accept bonds linked to thermal coal as collateral for loans to commercial banks from October. By deeming…
UK honours system sees record number of awards for working-class recipients
The proportion of higher-level honours awarded to people from working-class backgrounds has risen to 31% in the 2026 New Year list, up from…
Aldi to hire 450 staff as part of £370 million UK expansion
Aldi is opening 40 new supermarkets across the UK this year, creating 450 new store assistant roles. The recruitment drive is part of a £37…