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...Chancellor Jeremy Hunt has named life sciences as one of his five key sectors for the British economy....
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...The government has attempted to address concerns, with Hunt acknowledging this month that there was “merit to the case for further support” for research-intensive businesses....
...Jeremy Hunt will this week overhaul Britain’s “flagship industrial policy” after warnings that billions of pounds of R&D tax credits for small companies offer poor value for money and are open to fraud....
...at which loss-making companies are taxed within the merged scheme from 25 per cent to 19 per cent and lower the threshold for the additional support for R&D intensive lossmaking firms....
...Some economists see signs that the R-star has risen....
...In Budget documents this month, chancellor Jeremy Hunt said HMRC would set up an expert advisory panel to support the administration of the reliefs....
...Hunt is expected to cut income tax or national insurance....
...And in advanced manufacturing, we have announced a further £270 million of investment into innovative new automotive and aerospace R&D projects, building the UK’s capabilities in zero emission vehicle and...
...That civilisations have habitually interacted with and borrowed from each other does not rob the concept of meaning or usefulness....
...Rather, he said, it was turning a card over and learning about how a baseball player like Ted Williams had fought in two wars. Later, in the television age, biography gave way to personality....
...In total, the measures leave a slim £13bn margin against Hunt’s debt rule....
...Advantech launched a software R&D centre in Pune last October and aims to hire hundreds of software engineers....
...Sunak and Hunt believe they can still convince voters that Britain is now “on the right track”; they argue it was inevitable that growth would stall in 2023 while the BoE was fighting inflation with high...
...To further support research and development, I am creating a new simplified R&D tax relief, combining the existing R&D Expenditure Credit and SME schemes....
...Gorman, who hands over to his successor Ted Pick on January 1, also said the banking system had become much safer during his 14-year tenure at the top of one of America’s biggest banks....
...The government will boost spending on computing power to develop AI by £500mn over two years to bring total planned investment to more than £1.5bn, said Jeremy Hunt....
...Technology industry leaders have called on chancellor Jeremy Hunt to increase tax relief for expenditure on digital services ahead of his Autumn Statement next month....
...Responding to the comments, Nadhim Zahawi, a Conservative MP of Kurdish Iraqi heritage, tweeted: “Yr comments r offensive&racist. I wld b frightened 2live in country run by U.”...
...Ten chancellors later, Jeremy Hunt wants “to get Sid investing again”. Government money men are not all that has changed. So too has the investment landscape....
...But observers of the US economy will find much to think about in some smaller companies this week: the trucker JB Hunt, the grocer Albertsons, Snap-on tools, assorted regional banks....
...Hunt’s announcement that he was scaling back R&D tax credits in November’s autumn statement prompted fierce criticism, with a survey by industry group the Coalition for a Digital Economy finding that the...
...Hunt gave the example of a cancer drug company spending £2mn on R&D, which would receive more than £500,000 in tax credits....
...Other existing schemes include £1.4bn of joint government and industry funding to develop emerging vehicle technologies, £685mn for aerospace R&D and the £650mn “high-value manufacturing catapult” to help...
...The move comes after Washington announced it was deploying a carrier strike group, led by the USS Gerard R Ford aircraft carrier, to the region....
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