BEIS chair slams business package as a ‘waste of taxpayers’ money’ September 21, 2022 The chair of an influential Westminster panel has slammed the business support package as a "waste of taxpayers' money."
London police officers found guilty of sharing ‘grossly offensive’ WhatsApp messages September 21, 2022 Two police officers have been found guilty of sending grossly offensive messages on a WhatsApp group. PC Jonathon Cobban, 35, and former officer Joel Borders, 45, were each found guilty by City of London Magistrates’ Court today and will be sentenced on 2 November at Westminster Magistrates’ Court. Rosemary Ainslie, head of the CPS Special Crime [...]
Sanjeev Gupta’s auditor King & King quit over lack of evidence September 21, 2022 The tiny firm that audits the accounts of Sanjeev Gupta’s steelmaking empire has said it resigned from auditing four of the magnate’s companies due to being unable to complete its audits because a “lack of sufficient information.” In a letter filed to Companies House, King & King said it had resigned as auditor four of [...]
Oxford Street candy stores to face tougher rules amid claims of ‘dirty money’ and tax evasion September 21, 2022 Westminster Council will come down hard on its so-called ‘dirty money’ problem, zeroing in on US-style candy stores in Oxford Street. A motion will be passed this evening as 30 confectionary shops are under investigation for business rates evasion totalling £3m. The council leader said the war in Ukraine highlighted Russian oligarch investment in Westminster, [...]
German government at loggerheads over gas levy as Uniper deal looms September 21, 2022 Germany's coalition government is divided over plans for a gas levy on consumers from October, following the nationalisation of Uniper.
EY posts record revenues of £40bn as consulting sales surge September 21, 2022 EY today posted record revenues of $45.4bn (£40bn), on the back of its strongest growth in decades, as partners in the Big Four accounting firm prepare to vote on plans for a global split in what could be the biggest shakeup to audit sector in years. The accountancy firm saw its combined global revenues [...]
Energy sector raises concerns over six-month window for business support September 21, 2022 The energy sector raised concerns over Government plans to provide support for businesses to combat soaring wholesale costs.
Ten Entertainment scores yet another strike as it heads for expansion and keeps price freeze plans September 21, 2022 Bowling firm Ten Entertainment confirmed plans to open three new alleys in the next six months as it heads for a post-pandemic victory. The firm posted sales of £63.2m in the first half of 2022, up 53 per cent on pre-pandemic levels, while pre-tax profits rocketed 121 per cent to £15.7m. The Bedford-based company notably [...]
Marks and Spencer announces bumper £15m pay package for its 40,000 frontline staff September 21, 2022 Marks and Spencer has announced a bumper £15m pay package to support its 40,000 frontline staff during the cost of living crisis. The British high-street giant is also introducing an autumn pay review for the first time, while extending its benefits scheme for workers. More than 40,000 workers will get a boost to their hourly [...]
Government steps in with six month emergency package for businesses September 21, 2022 British businesses will be provided with a six-month emergency package of support to help them pay their energy bills this winter.