The world’s largest arms manufacturer is to pay $3.45 billion for Ultra Maritime, the British undersea warfare specialist created from the 2022 merger of two of the UK’s best-known defence companies.

Some of Britain’s leading economists have urged Andy Burnham to tear up the UK’s tax system, calling for stamp duty and council tax to be scrapped and replaced with a single annual property value tax.

The round is led by BGF, the most active equity investor in the UK and Ireland, with Munich-based deep tech investor MIG Capital AG participating through its MIG Fonds. Existing backers Bow Capital, ...

Amanda and David Robinson, who rent out the Magic Mushroom Cabin in the grounds of their home in Dodford, allege in High Court documents that Britvic, which also makes Robinsons squash and Tango, used ...

The Insolvency Service's new 50-strong taskforce will use AI analytics to catch directors who liquidate firms to dodge tax, ...

Electric and plug-in hybrid cars have outsold petrol-only models in the UK for the first time, as Chinese brands MG, Chery ...

ITV has agreed to sell its media and entertainment business to Sky for up to £1.6bn, creating a UK broadcasting champion to ...

Chinese bubble tea chain Molly Tea must pay Louis Vuitton £1.1m after a court ruled its logo copied the luxury house's ...

Rishi Sunak has conceded that the multi-billion-pound business support schemes he designed as chancellor during the pandemic propped up companies that “would and should” have gone under, in a striking ...

Piers Morgan's Uncensored has been valued at $145m after a $27m raise backed by Elisabeth Murdoch and the Reuben brothers, ...

The breakthrough came in the early hours of 2 July, when a United Launch Alliance Atlas V rocket lifted 29 satellites into orbit from Cape Canaveral, the final Atlas V mission in Amazon’s launch ...

Most online businesses set up their payment processing the same way: pick a well-known provider, integrate it, and move on. For a while, that works. But as a business grows, that single-provider setup ...