The newly appointed Labour government has unveiled its first Autumn Budget, aiming to lay a stronger foundation for the economy and deliver meaningful change by supporting working people, addressing NHS challenges, and rebuilding Britain. Key budget elements include new fiscal stability rules, significant investments in public services, tax reforms, a higher minimum wage, and business support measures. One of the budget’s main objectives is to revive economic growth, which has remained ...

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Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from GSK, Essity, and Saab. GSK GSK invested £50 million into a five-year collaboration with the University of Cambridge and Cambridge University Hospitals. This collaboration aims to advance treatments for immune-related diseases, with a focus on kidney and respiratory illnesses. Leveraging Cambridge's academic and clinical expertise ...

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Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week, we are particularly excited to share some noteworthy updates from our esteemed patron members, Volvo Cars and Skanska. Volvo Cars Firstly, we extend our heartfelt congratulations to Jim Rowan, the CEO of Volvo Cars, who has been honored as the winner in the CEO category of the prestigious Automotive ...

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Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from DLA Piper, Patron members Barclays and Alfa Laval. DLA Piper DLA Piper achieved second place in Sweden for deal count, completing 73 transactions with a total deal value of USD 6,971 million. This is the fifth straight year DLA Piper Sweden ...

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New fee for entering the UK Starting next year, travellers from EU countries will need to pay a fee to visit the UK without a visa. The UK already has an electronic travel authorization (ETA) system in place for certain countries, for instance in the middle east. From November, this system will expand to include other countries, such as the US and by spring it will also apply to EU member ...

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We are delighted to introduce our newest members Endbright and Mörée Advisory. Endbright Endbright is a civil services and family tech platform providing better structure and access to family law and financial tools for family ecosystems and relationships, hence enabling better financial health, equal equity and social sustainability for individuals and families. Mörée Advisory Mörée Advisory is a boutique consultancy specialised in commercial strategy, including pricing, marketing, and sales. With 4 published titles on ...

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Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from Volvo Cars and Saab. Volvo Cars Last week marked a historical day for Volvo Cars as they announced their first batch of their flagship SUV, the fully electric EX90. They revealed their new and improved Volvo XC90 and have created a ...

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UK House Price Rise Recent data from Nationwide shows that house prices grew at the fastest annual rate since December 2022. In August, the average price increased by 4.3% compared to the same month last year, bringing the average house price to just under £300,000. This puts the current average price only £1,000 below the record set in summer 2022, a time when house prices had surged by 22% over two ...

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UK cosmetic industry provides boost to UK economy According to Oxford Economics, the beauty industry’s contribution to the UK economy saw an 11% rise, reaching £27 billion in 2023. The chief executive of the British Beauty Council attributed this growth to the industry rebounding from supply-chain disruptions caused by the pandemic and ongoing geopolitical conflicts. She also credited the “lipstick effect,” where consumers, during economic hardships, opt for entry-level luxury items ...

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Rental affordability hits new low Rental affordability in the UK has hit a new low as tenants are having to spend 28.8% of their gross income on rent. Furthermore, rent as a proportion of wages has risen by 2.2% over the last year which is the worst it has been in the last seven years. The Office for National Statistics defines rent as being “unaffordable” if it reaches 30% of gross ...

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