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UK unveils £360m science plan in growth push before budget

BLOOMBERG Prime Minister Rishi Sunak is committing more than £360 million to cutting-edge technologies under plans to make Britain a science “superpower” by the end of the decade, as he starts to sketch out his vision in the build-up to next week’s budget. Under a 10-point Science and Technology Framework, a “coordinated cross-government approach” will drive innovation in “trailblasing” technologies ...

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Starbucks plans to add 100 UK stores next year

BLOOMBERG Starbucks Corp is investing £30 million ($36.1 million) to open and renovate coffee shops in the UK, pushing on with expansion in a market where profit has dropped due to soaring costs of coffee beans and labour. Starbucks aims to add 100 stores in the UK in the next year, the US coffee chain said as it reported results ...

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Germany, EU pursue talks on deal to ban combustion engines

BLOOMBERG German Chancellor Olaf Scholz said talks were constructive with the European Union in resolving a dispute over plans to ban new combustion-engine cars in the bloc from 2035, after Berlin derailed the effort this past week. Scholz met with European Commission President Ursula von der Leyen on the sidelines of a government retreat in Meseberg north of Berlin. The ...

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