Global satellite services currently support activity that contributes £370 billion to the UK economy, which is around 17.7% of our GDP. As the cost of accessing space continues to fall and the pace of innovation increases, a greater number of businesses now have the opportunity to harness the advantages offered by satellites through enhanced imagery, connectivity and navigation capabilities. Unlocking Space for Business is an 18-month programme designed to bring these untapped benefits to hundreds of new organisations across the UK, focused on the leading transport and logistics and financial services sectors. Opportunity areas can include using satellite imagery to…

CarGurus reveals top three factors that push drivers to the “breaking point” with their existing cars 10-day wait for repairs and fewer than three faults are enough to make drivers reach “breaking point” to find a new car Drivers are willing to spend an average of £14,320 on a new car: 1,752% more than the £772 breaking point to maintain a current vehicle 50% of motorists have made unexpected trips to the garage in the past year; 40% are putting off repairs because of cost Nearly three-quarters of motorists are stressed by the prospect of unexpected repairs CarGurus has listed…

Bentley Motors is proud to announce that the first fourth-generation Continental GT has completed production, in time for the 136th birthday of Walter Owen Bentley. With the same specification as the car that featured in the unofficial ‘Underwater Speed Record’ and launch film, the first new Continental GT is finished in Tourmaline Green, with a Gravity Grey and Mandarin interior. The car will begin its life as a UK Press Fleet car, before joining Bentley’s Heritage Collection where it will be retained forever. The car will be followed off the production line by the first customer cars, each one…

Crack down on late payments in major support package for small businesses Business Secretary Jonathan Reynolds in Manchester with small businesses New Fair Payment Code and fresh rules on company reporting and major consultation unveiled as part of package to tackle… by Asian World2024-09-23 Business Secretary Jonathan Reynolds in Manchester with small businesses New Fair Payment Code and fresh rules on company reporting and major consultation unveiled as part of package to tackle late payments Scourge of late payments costs SMEs £22,000 a year with 56 million hours of lost productivity across the economy – acting as a major…

The Public Sector Fraud Authority saved taxpayers £311 million in its first year of operation, according to figures revealed by Baroness Neville-Rolfe, Minister for the Cabinet Office, at a meeting of the International Public Sector Fraud Forum this week. The figure far exceeds the original savings target of £180 million set when the authority launched last year. The £311 million figure is made up of a variety of projects led by the Public Sector Fraud Authority that help public sector organisations prevent, identify, and recover public money lost to fraud, including: the use of advanced artificial intelligence and data analytics…

Every so often, a food ‘scare/scandal’ story will appear in the media about the ingredients in foods that we buy or consume daily. For instance, a few years ago, it was about horse meat being found in burgers sold by various supermarkets. Much of the reaction to that revelation verged on repugnance that discerning palates may have unwitting consumed a piece of Dobbin. There was also the concern that there was no mention of a horse on the label. One of the questions it raised was, what’s really in our food? For instance, the British may not be fond…

Stuttgart/Beijing. At and around Auto China 2024, Mercedes‑Benz underlines its commitment to delivering dedicated products and technologies to Chinese customers. As the largest single automotive market in the world, China plays an important role in the long-term strategy of Mercedes‑Benz. Running up to the show, the company will maintain its leadership position in this market, headlined by the world premiere of the all-new electric Mercedes‑Benz G‑Class. China is home to the company’s largest production site and the most comprehensive R&D hub outside Germany, playing a significant role in Mercedes‑Benz’s global R&D network. In recent years, Mercedes‑Benz strengthened its R&D…

Businesses are set to benefit from reduced costs and burdens as import labels are made digital for the first time. Digital labelling will allow businesses to put important regulatory or manufacturing information online rather than requiring them to physically print it on their products – saving time and money which can be pushed towards scaling up and growing their company. This measure has been made possible by leaving the EU and provides greater flexibility than the EU’s regulatory requirements while better reflecting the modern and digital world of business and international trade. This follows the Product Safety Review consultation and…