The Annual Investment Allowance (AIA) will be increased from £200,000 to £1 million under plans to boost investment in the UK, the Chancellor revealed in this week’s Autumn Budget.
Facebook issued “maximum possible fine” for breach of UK customer data
The Information Commissioner’s Office (ICO) has fined social media giant Facebook a maximum £500,000 fine for “serious breaches” of data protection law.
Commercial property lending up by more than a quarter
Commercial property lending increased by more than a quarter (27 per cent) in the first half (H1) of 2018, a new analysis reveals.
One in three small businesses consider cutting investment in light of Brexit developments
Some 35 per cent of small businesses say they would postpone major business decisions or innovations in the event of a no-deal Brexit outcome.
UK start-up closes £7 million funding round
A London-based PropTech company has closed a Series B funding round at £7 million, led by investors from Finch Capital, Rocket Internet and Global Founders Capital.