“The UK is a challenge now but without the EU the UK will get left behind if it doesn’t start to change the way it reimburses drugs.” He pointed out that there was huge potential for Britain to “marry up great science with great medicine”, given...
Read moreBritish Army tank upgrade programme could go abroad
A huge contract to modernise the British Army’s main battle tanks could see much of the work go abroad. The Ministry of Defence is updating its 227 Challenger 2 tanks with the digital capabilities needed to be an effective part of Britain’s...
Read moreHinkley Point deal under fire as construction 'milestone' hit before contract signed
This renders the milestone clause largely pointless and leaves no other lever to ensure construction is proceeding as planned in coming years. Ministers argue EDF has an incentive to build Hinkley by its 2025 target date because it will not...
Read moreHow treating our pets like people created a market for dog hotels and ‘clean eating’ kibble
Her canine crèche in Ipswich, Suffolk, looks more like a children’s playroom than dog-sitting outfit: there are wendy houses, ball pits and each bedroom is themed on a Disney film. “We kit each room with a webcam so owners can check their dog is...
Read moreJersey's financiers offer UK help on accessing EU post-Brexit
“We have offered advice [to the UK government] on how to operate as a third country, Jersey has 40 years of experience at this,” said Geoff Cook from industry body Jersey Finance. He sits on the advisory panel of Britain-wide industry group...
Read moreHandbags and Japan launch help AllSaints earnings swell
A fourfold increase in its Asian business and a new handbag line have helped the fashion retailer AllSaints to considerable growth in its sales and earnings figures. Posting total sales of £252.5m, an increase of 9pc on 2015, the private...
Read moreMisys latest firm to abandon public listing amid choppy markets
Software company Misys has abandoned its ambitions for a London listing, joining a slew of British companies that have scrapped plans to float due to ongoing market volatility. Misys, which makes software used by hundreds of banks and City firms...
Read moreProperty funds cancel sales as investors return
UK property funds are no longer trying to sell some of their central London buildings, as investors have started putting money back into the sector — reversing a stampede for the exit that followed the UK’s EU referendum. Several assets worth...
Read moreCan Swansea Bay lagoon spawn a tidal power industry?
Shorrock claims that Hendry’s verdict on tidal lagoons will be seen as a “litmus test for the entire industry”, showing whether it is a “yes to homegrown marine energy in the UK”. Others in the industry agree that a positive decision would help...
Read moreEU and Canada finally sign long-delayed trade deal
Canada’s trade minister had walked out of the talks, while Mr Tusk warned the failure of the deal could mean the EU would never again attempt free trade negotiations. But Wallonia agreed after being assured Belgium could assess the deal’s...
Read moreRobin Hutson, founder of Pig Hotel chain: 'I have a love-hate relationship with hotels'
But one thing might convince Hutson to quit for good: a bad Brexit. “It’s the most mental decision that the country’s ever made,” Hutson says. “I think it was a protest vote that went wrong. Now we’re stuck with it.” Between the Lime Wood Group...
Read moreQuestor share tip: call on BT rivals as it loses ‘safe haven’ status
LON:BT Questor says: SELL For years BT has been a stalwart of the income investors’ portfolio. Its market value has doubled over the past five years on the back of a radical shift in the way we communicate information and watch TV programmes...
Read more