Bad for Business

BBC News reporting another company leaving the UK: Panasonic will move its European headquarters from the UK to Amsterdam in October as Brexit approaches. The aim is to avoid potential tax issues linked to the UK’s decision to leave the EU, said Panasonic Europe’s chief executive Laurent Abadie. In the run-up to March 2019, a number of multinational firms have … Read More…Bad for Business

Not a level playing field for business

Elliot Jacobs writing on LinkedIn on the difficulty’s facing local brick’s & mortar businesses when global online giant’s like Amazon circumvent tax laws: The Business Rates for the House of Fraser’s shop on Oxford Street (just the one shop) is £4.6m. That’s about the same as all the tax paid by Amazon last year in the UK. Now you get … Read More…Not a level playing field for business

UK Participation in EU Projects

The UK Treasury has released an updated version of the UK Q&A document on H2020. The government’s priority remains ensuring the draft Withdrawal Agreement is finalised and concluded. This would mean that UK Horizon 2020 participants and projects would be unaffected by EU exit. This wish-list sets out the UK Governments hopes for Business As Usual, otherwise known as wanting … Read More…UK Participation in EU Projects

Major investment in Scottish Innovation

The University of Strathclyde Advanced Forming Research Centre (AFRC) is to receive £16.5M investment in a industry 4.0 demonstrator. Set to begin operating in 2020, FutureForge will be the world’s most advanced hot forging research platform and will include a one-of-a-kind, industry 4.0 ready, demonstrator. It will see the AFRC work with companies in the aerospace, automotive, oil and gas, … Read More…Major investment in Scottish Innovation