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Innovate UK is offering a share of £40 million to businesses that join a Knowledge Transfer Partnership (KTP). The KTP programme is intended to promote competitiveness and productivity in a company by bringing in new knowledge and skills.
Despite moving to Monday, the Chancellor Philip Hammond could not avoid the Halloween inspired headlines — although he will have been pleased that the CBI thought that his Budget contained more treats than tricks.
Half a million UK businesses are being invited to test-drive a new online VAT service ahead of new rules coming into force next April. Those taking up the offer will be able to join the Making Tax Digital project and start filing their VAT returns online.
Many of those supporting Vote Leave in the 2016 referendum argued the case for “taking back control of our borders”: unfortunately, as a report from the National Audit Office (NAO) makes clear, this will come at a price.
The Apprenticeship Levy should be expanded into a wider training Levy, the transfer of knowledge between academia and businesses must be improved and a new Productivity Allowance should be created to help innovative companies.