The government has clawed back £74 million from private firms accused of making “excessive profits” under multi-billion-pound asylum accommodation contracts — a figure that amounts to a tiny fraction of the £2.1 billion annual cost to taxpayers.The Home Office confirmed

MPs have urged the Chancellor, Rachel Reeves, to ignore “scaremongering” by gambling companies and push ahead with higher taxes on the most harmful products, as pressure mounts on the Treasury to extract more from the £11 billion industry ahead of

The UK Government has announced more than £14 million in new funding to accelerate the commercial use of quantum technology across healthcare, defence, transport and energy, in a move it says will help power Britain’s next industrial revolution.The investment, unveiled

ITV has confirmed it is in talks with Sky over a potential £1.6 billion sale of its media and entertainment business, including its traditional TV channels and its streaming platform ITVX, in a move that could redefine the future of

Elon Musk is poised to become the world’s first trillionaire after Tesla shareholders voted overwhelmingly to approve a record-breaking $1 trillion pay package for the electric carmaker’s chief executive.The vote, held at Tesla’s annual general meeting in Austin, Texas, saw

Balnord, a new early-stage venture capital firm founded by the team behind Black Pearls VC, has announced the launch of Balnord Fund I, an oversubscribed €70 million vehicle dedicated to investing in frontier and dual-use technology startups across the Baltic

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