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The British Business Bank has reached a major milestone in its mission to support smaller businesses across the UK, with more than £5 billion now delivered through its ENABLE structured guarantee programmes. Read more: British Business Bank hits £5bn milestone fuelling regional growth and housebuilding
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The US Department of Energy has announced the termination of $3.7 billion in grants allocated to clean energy projects during the Biden administration. These grants, awarded through the Office of Clean Energy Demonstrations (OCED), were reviewed and deemed economically unviable by the current administration. In total, the DOE has cancelled 24 grants. The department noted…
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Chancellor told UK is “one shock away” from breaching rules
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Bengio says AI now needs watchdogs smarter than the models themselves.
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The majority of the Big Four giants are developing a new audit system for AI tools as they hope to tap into a new revenue stream
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Labour’s farm tax reforms could cost Treasury £2bn, report warns.
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Pennon Group swung to a loss due to Brixham scandal.
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A groundbreaking 40-hectare low-carbon greenhouse complex is set to open in Essex by 2027, representing a significant advancement in sustainable food production for the UK. Supported by waste management firm [Indaver](https://esgnews.com/europes-largest-low-carbon-greenhouse-breaks-ground-in-essex/), the Rivenhall site will become Europe’s largest facility of its kind. The innovative project will utilise heat generated from incinerated household waste to cultivate…
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Forecasts for FTSE 100 giant Auto Trader have been downgraded by two City brokers, after the firm’s disappointing financial results caused analysts to doubt predictions of strong growth. Peel Hunt slashed annual revenue expectations for the group by four per cent, decreasing its earnings per share forecast by three per cent and profit before tax…
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British manufacturers have urged the government to ensure that small and medium-sized businesses are major beneficiaries of the UK’s rising defence spending by embedding legally binding offset agreements in future military procurement contracts. Read more: UK manufacturers urge MoD to channel defence spending to SMEs through binding offset deals