The article reports on the Royal Marines of 43 Commando Fleet Protection Group, who are responsible for guarding the UK's nuclear deterrent and the Vanguard-class submarines. They recently completed an intensive training exercise called Tartan Eagle in Chesapeake, Virginia, alongside US Marines. The training focused on close-quarters combat skills and included the use of live ammunition in a shoot house. The Royal Marines also had the opportunity to familiarize themselves with US weapons systems. The exercise concluded with a final mission simulating the protection of vital national infrastructure. The Royal Marines returned to the UK ready for immediate deployment and will soon host the US Marines for the next part of the exercise.

The article discusses the UK Patent Box scheme, which allows companies to pay a reduced corporate tax rate on profits from patents and certain intellectual property. To qualify, companies must hold a qualifying IP right, actively manage it, and have related income. The scheme, introduced in 2013, initially did not require R&D to be conducted in the UK, leading to tax avoidance concerns. In response, the UK government revised the scheme in 2016 with a 'modified nexus approach' linking tax relief to UK-based R&D. Transitional provisions allow companies in the scheme before July 2016 to continue under old rules until June 2021. HMRC data indicates the scheme's growing uptake since its inception.

The Ministry of National Defense of Poland has announced a series of upcoming armaments contracts to be signed at the MSPO fair. These contracts include the acquisition of elements for the second phase of the Wisła air defense program, which comprises 48 M903 launchers, 644 PAC-3 MSE missiles, and 12 LTAMDS radars. Additionally, contracts for two Naval Missile Units with NSM missiles, Zenit-MP command systems for Pilica+ anti-aircraft systems, and a framework agreement for FlyEye unmanned aerial vehicles are expected. The Wisła program aims to enhance Poland's air defense capabilities, including the ability to counter ballistic and aeroballistic missiles. The Ministry also mentioned the ongoing use of FlyEye UAVs by Polish forces and their performance in Ukraine. The article details the significance of these acquisitions for Poland's military strength and the expansion of its defense systems.

Inzpire Limited has secured a two-year contract to improve the qualified weapons instructor (command and control) course at RAF Boulmer, working in collaboration with 20 Squadron. The company will provide expertise in various training phases, including planning, courseware development, and execution of live and synthetic training. Inzpire's role also includes contributing to the combat-ready operator's course (CROC) and delivering major exercises such as Cerberus Revenge, Storm Warrior, and Cobra Warrior. The company's relationship with the RAF is longstanding, with previous contracts for Typhoon, Reaper, and F-35 fleets training, and a recent partnership with Aeralis to develop fast jet training services. In 2018, QinetiQ acquired Inzpire for £23.5m, taking an initial 85% stake and later the remaining shares. Richard Tattersall and Wg Cdr Rob Machin both expressed their commitment to enhancing RAF training and readiness.

The article discusses the UK Patent Box scheme, which allows companies to pay a reduced corporation tax rate on profits from patents and certain intellectual property. The scheme was introduced in April 2013 and updated in 2016 to comply with OECD guidelines, requiring R&D to be conducted in the UK. The transition period for companies under the old regime ends on 30 June 2021. Initial statistics from HMRC suggested that the 2016 changes increased compliance costs, potentially disadvantaging SMEs. However, more recent statistics show a growing number of companies claiming relief and a slight shift towards medium-sized companies. The finance and insurance sector has seen a significant increase in relief claims, despite fewer companies in this sector participating in the scheme.

The article discusses the impact of inflation on small businesses, highlighting the challenges faced by business owners like Frank and Tom. It shares the story of Jim, an electrician who successfully navigated inflation by quickly adjusting prices and offering wage increases. The article emphasizes the importance of monitoring trends, responding swiftly to cost increases, and hiring professional advisors to mitigate the effects of inflation. It also provides practical tips for small businesses to protect themselves from inflationary pressures.

Poland has signed a significant defense contract with Kongsberg Defence and Aerospace for the procurement of several hundred Naval Strike Missiles, with a total value of 8 billion zloty (approximately U.S. $2 billion). The deal, which is the largest in Kongsberg's history, includes two new naval missile units to enhance Poland's coastal defense along the Baltic Sea. Deliveries are expected between 2026 and 2032, with Polish defense companies participating in the supply process. The announcement coincides with the MSPO defense industry show in Kielce. The purchase reflects a regional response to increased security concerns following Russia's invasion of Ukraine, with Latvia also moving to acquire Naval Strike Missiles for its defense.