Government

Rise of the British start up

Start Up Start Ups Innovation - Stock Image
When thinking of start-ups, the image of tanned Ivy League dropouts developing complicated pieces of software from their unconventional Californian workspaces often springs to mind. But the reality of launching a business – big or small – from scratch can be very different, as is often the case with those starting up manufacturing in the UK. Rita Lobo examines the challenges of taking the first steps in manufacturing.

Rolls-Royce agrees £671m bribery settlement

The Rolls-Royce Trent-xWB engine. Rolls-Royce has recently been embroiled in bribery claim brought by the Serious Fraud Office relating to bribery and corruption involving intermediaries in a number of overseas markets - image courtesy of Rolls-Royce.
Posted on 18 Jan 2017 by Fred Tongue
Rolls-Royce has agreed to pay £671m as a result of bribery and corruption claims in Brazil, the US and UK. The figure is thought to be the largest ever levy imposed and the largest enforcement action relating to any criminal allegation in the UK.