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Business

  • Brexit Brits were sold ‘a mirage’ as UK’s destiny ‘clearly’ lies in Europe, says EU bigwig

    October 24, 2022

    Brits voting for Brexit primarily did so because they were sold “a sort of mirage” and it is “clear” the UK’s future lies firmly in Europe, a prominent member of the European Commission said over the weekend. French politician Thierry Breton, who is in charge of the internal market within the European Commission, told RTL [...]

  • Why Tech Needs To Support Women In Menopause

    October 24, 2022

    Brain fog leading to poor concentration, tiredness, low mood and reduced or lowered confidence: these are all symptoms of menopause that affect women at work. A CIPD survey of 1,409 women experiencing menopause symptoms was led by YouGov and found that 59% of working women between the ages of 45 and 55 who are experiencing [...]

  • Exclusive: How London’s prime property financing space weathered Brexit, Covid and market mayhem

    October 24, 2022

    Prime property finance is experiencing a boom in demand but battling falling prices. Yet, as the most resilient part of the market shows it can insulate itself from Brexit, the pandemic and current financial woes. While not immune from external shocks, its ability to recover faster than the rest of the industry makes it a [...]

  • Not-so-free-market Rishi isn’t perfect, but he’s the right choice right now

    October 24, 2022

    Rightly or wrongly, Britain’s credibility is at stake – and right now, Rishi Sunak is more likely to restore confidence in the country’s government than either Penny Mordaunt or Boris Johnson The choice facing Conservative MPs today is a difficult one. They are behind in the polls, and fear for their political future. They are [...]

  • Pearson shares surge after jump in sales

    October 24, 2022

    Publishing group Pearson said underlying sales had jumped seven per cent in the past quarter as it doubled down on profits expectations for the year.

  • Terra Firma boss says UK may need bailout from IMF and now ‘sick man of Europe’ due to Brexit deal

    October 24, 2022

    A leading investment chief has predicted the UK may need a bailout from the IMF and is now the “sick man of Europe” because of the way Brexit was negotiated. Guy Hands, founder of private equity firm Terra Firma, said the UK’s investment landscape was bleak and the Conservatives “not” fit to run the country. [...]

  • Frasers Group increases Hugo Boss stake to £840m

    October 24, 2022

    Frasers Group revealed it had snapped up a further chunk of shares from fashion firm Hugo Boss today taking its stake in the firm to £840m.

  • Renewable revenue cap risks supply security and higher energy bills

    October 24, 2022

    A cap on low carbon generator revenues jeopardises supply security and condemns customers to high energy bills, warns Energy UK.

  • UK’s data watchdog warns against ‘complacency’ after fining Interserve £4.4m over cybersecurity breach

    October 24, 2022

    The head of the UK’s data watchdog has vowed to fine firms falling short on cybersecurity after warning “complacency” within companies is the “biggest cyber risk businesses face”. The warnings come after the UK’s Information Commissioner’s Office (ICO) today fined British construction firm Interserve £4.4m over its failure to protect its employees’ data from cyberattacks. [...]

  • MPs call for crackdown on advisors enabling tax avoidance schemes

    October 24, 2022

    A group of cross-party MPs have called on the UK government to begin cracking down on the accountants and financial advisors that facilitate tax avoidance schemes. In a new report, the all-party parliamentary group (APPG) on anti-corruption and responsible tax called for the UK’s tax system to be overhauled, to boost growth, increase tax revenues, [...]

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