Rishi Sunak’s Autumn Budget: A quick overview of what has been announced October 27, 2021 Downing in numbers and announcements? No worries, here are the main points from Chancellor Rishi Sunak’s Budget. – The Budget is focused on the “post-Covid” era, according to the Chancellor, and will pave the way for the “Prime Minister’s economy of higher wages, higher skills, and rising productivity”. – Independent forecaster the Office for Budget [...]
China faces uphill battle for recovery amid mixed economic data June 17, 2024 China faced several economic challenges in May, notably with industrial output growth falling short of expectations.
Plans to require Airbnb-style rentals to obtain licence from local council Scotland move in Scotland November 23, 2021 New government proposals in Scotland will require properties that are used for short-term lets and Airbnb-style rentals to get licences from the council. Ministers want to tackle the growth of Airbnb-style rentals in popular tourist areas such as Edinburgh and will ask individual councils to set the requirements for granting a licence while allowing uncapped [...]
Consumer group demands Virgin Media to improve customer service April 23, 2024 Consumer group Which? has found that Virgin Media was the worst offending telecoms company in terms of customer service.
Small law firms are let off from economic crime tax September 23, 2021 Small law firms have escaped the UK government’s Economic Crime Levy, aimed at raising £100m annually from anti-money laundering (AML) regulated organisations, to help pay for the fight against economic crime. Instead, AML-regulated organisations, including legal practices, banks and accountancy firms, with revenues above £10.2m will be subject to the new tax. The Economic Crime [...]
PZ Cussons shares nosedive 17 per cent after company slashes dividend following Naira devaluation February 7, 2024 British health and beauty manufacturer PZ Cussons has cut its dividend following a 70 per cent decline in the value of the Nigerian Naira.
Trustpilot expects revenue jump on ‘strong growth’ amid share price rally July 11, 2024 Trustpilot has said it expects to report a jump in revenue for the first half of 2024 as the global review platform looks to keep up a rally in its share price.
Wilmington: Specialist data provider sells UK healthcare unit for up to £26.3m June 27, 2024 Information and data firm Wilmington has sold its UK healthcare unit for up to £26.3m, completing the divestment of its European healthcare businesses.
City minister pledges ‘competitive tax rates’ for UK financial services sector ahead of Budget September 20, 2021 John Glen has promised that the UK’s financial services sector will benefit from “competitive tax rates,” ahead of the next Budget on 27 October, according to reports. “To be competitive, we have to have competitive tax rates and that’s what’s on the chancellor’s mind at the moment,” the City minister told the Financial Times, which first reported the [...]
Families facing ‘groundhog year’ in 2023 as living standards to be squeezed December 30, 2022 Families are facing a “groundhog year” as further squeezes on living standards take place in 2023, a think-tank has warned. While the year ahead may offer economic policymakers some relief, with signs inflation will ease and interest rates peak lower than feared, family finances face a repeat of 2022’s squeeze as the cost-of-living crisis deepens, [...]