The government has announced it has signed a new partnership with Wayve, a British company that is developing self-driving vehicle technologies.
The partnership will focus on shared research that will support the ongoing development and deployment of automated vehicles.
It is hoped that the partnership will act as a catalyst for new investment, skilled jobs and long-term growth across the UK car industry.
A Memorandum of Understanding sets out how the Department for Business and Trade and Wayve will collaborate on research helping to take self-driving vehicles from prototypes through to commercial reality.
A new report has concluded that late payments and rising costs are crippling Britain’s construction sector. Firms already in or at risk of financial distress make up more than eight in ten companies.
Companies House will introduce changes to accounts filing due to governmental reforms under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act 2023).