Two-pronged or two-punch? Boris’ Plan B closes in December 16, 2021 The Prime Minister doubled down on his Plan B approach yesterday evening after daily Covid-19 cases hit a record high with 78,610 new infections on Wednesday. Chief Medical Officer Chris Whitty warned that more records would be broken, with the Government “throwing everything” at the new Omicron variant. While the exact ratios are not yet [...]
Harbour Energy’s $11.2bn acquisition will transform the North Sea player January 8, 2024 Panic buying the week before Christmas is a familiar practice the world over. Presents, booze, holidays; the phenomenon is a manifestation of ‘fear of missing out’ culture and one that incurs massive spending. News of London-listed Harbour Energy’s blockbuster $11.2bn buy of Wintershall Dea’s oil and gas assets closed at 3pm GMT on 21st December. [...]
World Cup spells win for struggling advertising market October 27, 2022 The ad sector is set to score a much-needed goal this winter with the Qatar World Cup driving up advertising spend. According to new data from the Advertising Association (AA), ad spend for the final quarter is set to climb by 4.5 per cent from last year’s record high, to a total of £9.5bn. This [...]
Dragon and Sinba to take Mighty Strides at Sha Tin January 6, 2023 IT’S UNUSUAL for popular trainer Danny Shum to be so bullish about the future prospects of one of his stable gallopers, so it could pay to respect NORDIC DRAGON, who lines-up in an attempt to complete a hat-trick in the Tsz Wan Shan Handicap (9.10am) over seven furlongs. Shum believes he has a potential future [...]
RAC calls on Tesco and others to cut fuel prices as costs fall January 6, 2023 The RAC has called on Big Four supermarkets such as Tesco to further cut fuel prices as diesel and petrol prices fell by around 9 per cent in December. Data published today by the motoring group show that petrol went down by 8.4p to 151.1p per litre in December, whilst diesel decreased by 9.4p to [...]
Government to push through laws which would ban strikes among some public sector workers January 5, 2023 The UK Government is to introduce a set of strike-busting laws as public sector unions continue to ballot members on ongoing industrial action. The Department for Business, Energy & Industrial Strategy (BEIS) has announced the introduction of a bill in Parliament over the coming weeks, Over recent months, strikes – especially those on the railway [...]
Britain’s 1.6m temp workers risk missing out on close to £100m in unclaimed holiday pay January 5, 2023 Amid a 40-year inflation high, soaring energy bills and rising mortgage payments, Britain’s 1.6m temporary workers have been urged to claim an estimated £97m worth of unclaimed holiday pay from employment agencies and umbrella companies engaging them. The urgent call comes from a support group for independent workers, IWORK, that has brought to light that many of the UK’s flexible workforce are [...]
Cum-Ex: Billion pound Danish tax authorities trial starts on Monday in London. Here is what you need to know April 13, 2024 The Cum-Ex scandal is the name given to a huge volume of transactions prior to 2012 that involved exploiting a loophole on dividend payments that enabled a number of parties to claim the same tax refund.
UK edges further away from recession as families’ economy and inflation outlook brightens February 24, 2023 Another brighter than expected set of economic numbers out today indicate the UK has a chance of avoiding a much-tipped recession this year. Consumer confidence climbed faster than forecast to minus 38 points this month, up seven points from minus 45 points in January, according to research firm Growth for Knowledge’s index which has been [...]
Tech stocks get ready for a rocky road ahead October 24, 2022 BIG TECH braces itself for another testing earnings season, as the biggest names in Silicon Valley post their quarterly figures this week. Kicking off the tumble last Friday, Snapchat posted a rocky quarter, citing squeezed ad spend and ongoing macroeconomic uncertainty as the main driver. Not only has Snapchat’s parent firm lost a quarter of [...]