Pension pain: Savers who bought lifetime allowance ‘protection’ warned they may still find their tax-free lump sum capped March 17, 2023 Chancellor Jeremy Hunt’s decision to scrap the pension lifetime allowance (LTA) in Wednesday’s Spring Budget, was heralded as an incentive for wealthier employees over 50 to stay in the workforce. But some pensions experts say for those who took out a form of LTA protection may still have to watch they do not go over [...]
Ofcom gives merged BBC News channel the nod but calls for quality UK content August 26, 2022 Ofcom have called on the BBC to guarantee that the newly merged BBC News Channel will continue to provide high quality UK news.
Budget: UK tech and fintech startups face higher bills after tax credit restrictions – CityAM : CityAM October 28, 2021 The UK’s burgeoning tech startup and fintech sector will be hit by the new restrictions on the use of R&D tax credits announced in the Budget, industry insiders warn this morning. From April 2023, businesses will only be able to claim R&D tax credits on research and development work done in the UK. As UK [...]
Start-up tax pain could scupper Rishi Sunak’s science superpower dreams, investors warn March 10, 2023 Further tax pain inflicted on the UK’s start-ups could scupper Rishi Sunak’s tech and science superpower plans, venture capital firms have warned. The warning comes as Jeremy Hunt prepares to announce his first full budget next week. Start-ups have piled pressure on Hunt to reverse changes to research and development tax credits announced in the [...]
Ofgem pledges not to raise energy bills with £20bn-plus grid upgrade June 29, 2022 Ofgem has pledged to boost grid capacity with a new £20bn-plus package, while also imposing new demands on network operators.
NHS leader warns of widespread disruption as doctors continue strike June 29, 2024 An NHS leader has warned of widespread disruption this weekend as junior doctors enter the third day of their five-day walkout over pay.
Lewis Silkin set to leave its City HQ for £2.5bn Southbank development February 9, 2022 London law firm Lewis Silkin is set to leave its City of London headquarters and move south of the River Thames, as it seeks to sharpen its focus on its media and tech clients. The commercial law firm, which first started operating out of offices on Rye Lane, Peckham in 1950, said it will move [...]
Truss or Sunak will need to deliver ‘shot in the arm’ of UK economy July 22, 2022 Rishi Sunak or Liz Truss will need to deliver a “shot in the economic arm” of the country to lift Brits’ confidence out of the doldrums after one of them wins the Conservative leadership race, two closely watched surveys published today reveal. Scorching inflation, the highest interest rates in 13 years and tax hikes have [...]
Left in the dark: Business chiefs fear redundancies after energy relief update delayed December 20, 2022 Business leaders have accused the government of leaving firms in the dark over energy bill support, after ministers push back an announcement of what aid will be on offer later next year. The government had previously said it would update businesses before the end of the year on energy bill relief from April 2023, when [...]
Warehouse boom amid online shopping frenzy as construction bill hits highest level since 1985 April 11, 2022 The UK is in the throes of a warehouse boom after roaring demand for e-commerce businesses was accelerated during the pandemic. The Office for National Statistics (ONS) revealed on Monday that the UK’s transport, logistics and warehousing sector has almost doubled since 2011. This makes it the country’s fastest-growing sector, outpacing information and communication. Logistics [...]