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Small Business Growth

Electric McLarens? UAE fund wants to purchase the auto business [Video]

An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLarens automotive business, including a stake in the McLaren Group. The purchase goal is to bring additional capital to McLaren to accelerate its growth in vehicle development, particularly in electric vehicle technologies. If approved, could McLaren become the next supercar developer to go all-electric?

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Small Business Growth

Chancellor Rachel Reeves hints at challenging Budget in new video | News

Chancellor Rachel Reeves has hinted at a challenging Budget as she prepares to borrow tens of billions of pounds to invest in Britains crumbling infrastructure. In a new video, posted on X today (24 October), Ms Reeves said next weeks Budget will fix the foundations and deliver change. The chancellor says: Im going to be honest about the scale of the challenge we inherited, a decade of sluggish economic growth, deteriorating public services and a 22m billion black hole in public finances. But, we must not be held back by the past and instead we should look to the opportunities of the future.