There is no defence for air passenger duty; it is a regressive tax which hurts the poor and does nothing for climate change March 18, 2021 Such has been the tax-raising, big-spending nature of the Budget and its aftermath that those who prefer low taxes and a small state have to find the rays of light where we can. The Chancellor’s willingness to cut the domestic rate of air passenger duty should be seen in this light – it is a [...]
Kin + Carta Chairman John Kerr CA on becoming the first London-listed B-Corporation December 1, 2021 This article first appeared in ICAS’ CA magazine. Kin + Carta helps clients undergo digital transformation. But, crucially, its strong ethical underpinning means it’s set to become the first London-listed B-Corp. Chairman John Kerr CA explains why it’s blazing the trail. Kin + Carta describes itself as a transformative business. At first glance, this refers to [...]
Finance chiefs expect slow business recovery from coronavirus pandemic July 20, 2020 Finance bosses do not expect business to bounce back quickly after the coronavirus pandemic, with many forecasting that demand will not recover until the second half of next year. Research by Deloitte found that 49 per cent of chief financial officers do not believe that demand for their business will return to pre-pandemic levels until [...]
PwC partners take 10 per cent cut as profits suffer December 17, 2020 Partners at PwC have suffered a 10 per cent cut to their earnings as the impact of the coronavirus hit the Big Four firm’s profits. Profits at the audit giant fell by 8 per cent to £938m in the firm’s latest financial year, as Covid-19 impacted on the business from March, with distributable profit per [...]
Future pandemics? Stress tests and preparedness plans must be core part of businesses’ strategy March 30, 2021 No one in the business world saw Covid-19 coming. There had, of course, been warnings about pandemics. Some businesses were better prepared than others, but very few imagined it would really happen or what it would be like in practice. But now we do know and we have seen the impact on people’s health, on the economy [...]
Week in Sportbiz: Premier League still No1 in China; Leeds boss keeping busy; Matchroom’s media move; Wimbledon optimism; London 2012 gold for sale January 28, 2021 The Premier League’s ongoing dispute with a Chinese broadcaster doesn’t appear to have affected its popularity in the Far East. England’s top division has been named the most popular football league in China by a new report ranking digital performance. It had 80 per cent more engagement on leading social media platform Weibo than La [...]
Saturday Read: Investors are fleeing Myanmar as coup grows more deadly March 6, 2021 The world’s largest sovereign wealth fund, the Norwegian central bank, has put Japanese Kirin Holdings on a watch list for possible exclusion due to its ties to Myanmar’s military, in light of the recent coup and ongoing unrest in the country. The Japanese beverage group Kirin has a partnership and $1.7bn controlling stake in Myanmar [...]
It’s a myth to say sustainable and ethical clothing can’t be affordable April 8, 2021 Forced labour. Environmental hazard. A race to the bottom. It is no secret that the fashion industry is broken. Clothes are the second highest products at risk of slavery and produce around 10 per cent of global greenhouse gas emissions – that’s more than planes. With labour supply across the global supply chain exceeding demand, fashion [...]
How tokenisation as a method of funding could help technology companies December 10, 2021 There are some obstacles in the way of widespread adoption of tokenisation, but there are clear paths ahead, writes Emily Pavlou.
SMMT: New UK car sales rise 11 per cent post-lockdown August 5, 2020 New UK car sales rose for the first time this year in July as dealerships enjoyed their first full month of trading since reopening after lockdown. According to new figures from the Society of Motor Manufacturers and Traders (SMMT), registrations rose 11.3 per cent last month as pent-up demand and special offers tempted consumers to [...]