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London-founded Scarlet has secured funding to expand medical certification services. The $50m Series B will support its AI-enabled assessment model as regulated technology developers seek more efficient approval processes.
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Research suggests UK fiscal headroom has halved before the Budget. Resolution Foundation estimates fiscal headroom has fallen to £12bn as higher borrowing costs intensify pressure on spending and tax decisions.
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Recruitment demand remains weak across two major European employment markets. Hays reported lower quarterly net fees in Britain and Germany, while permanent hiring remained particularly subdued despite growth elsewhere.
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UK and Indian businesses have announced fresh commercial commitments together. The trade mission highlights technology investment, aviation services and retail expansion, although several contract values remain projections over multiple years.
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Government consultation proposes new incentives for reporting serious economic crime. An SFO reward scheme could change how businesses detect fraud, respond to disclosures and protect staff who report wrongdoing.
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Stryker has agreed a substantial investment in Cambridge surgical robotics. The proposed $400m preferred-equity deal includes exclusive US commercial rights and an option to acquire the remaining shares of CMR Surgical.
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Personal guarantee insurance demand has increased among British business owners. Purbeck’s third-quarter figures show applications rose 62% annually, with larger borrowing commitments and working-capital demand contributing to the rise.
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Women remain underrepresented in senior roles across British technology businesses. Government figures highlighted on Ada Lovelace Day show women and non-binary staff occupy 21% of senior technology roles, despite representing 29% of the sector’s workforce.
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West Midlands leaders have announced further measures supporting regional manufacturing. The blueprint combines new business energy advice funding, a battery manufacturing taskforce and a skills transition pilot intended to keep production and skilled jobs within the region.
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Hull and East Yorkshire agree regeneration partnership with Homes England.