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Life moves fast — with exciting new breakthroughs happening every day. We’ll keep you updated with what’s going on at MPA, and in the world of business, R&D, tax credits and innovation.

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Home working sparks tech sales boom and fuels UK e-waste concerns

The Royal Society of Chemistry has warned that not enough old IT equipment is being recycled.

Four-fold increase in business lending as companies tried to survive 2020

More than £68 billion has been borrowed by businesses in loans that are partly or fully guaranteed by the Treasury.

UK and European Union reach historic deal on post-Brexit trade

The Christmas Eve agreement was reached just a week before the deadline for new arrangements to be put in place.

UK firms ‘face £34bn VAT bill’ for transporting goods across EU countries

UK-based VAT IT said thousands of UK businesses are ‘unprepared’ to deal with VAT laws in countries across Europe.

Brexit: preparing for the changes we know about

With talks still continuing between UK and EU representatives, it’s unlikely that the implications of Brexit will become apparent much before the 31 December 2020 deadline. However, there are some things that will happen regardless of negotiation outcomes and businesses should be well on their way to tackling them at this stage.

Economy edges back to growth but recovery ‘lacked vigour’, report shows

The closely-followed IHS Markit/CIPS Flash UK Composite purchasing managers index (PMI) data shows a reading of 50.7 so far this month.

Bounce back loan fraud ‘five times higher’ than typical levels

Bankers told the Treasury Select Committee they have seen higher levels of fraud for the taxpayer-backed scheme.

Brexit deal essential to avoid looming cliff edge, say business groups

Leaders have also called for a ‘grace period’ and time for firms to adjust to either outcome in the new year.

UK economic growth slows sharply in October as restrictions bite

The Office for National Statistics said gross domestic product (GDP) rose 0.4% month on month in October.