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Business

  • Natasha’s Law: Parents of teenager say allergen legislation is bittersweet moment

    October 1, 2021

    Businesses will be subject to a new labelling law from today, in a move that will impact 2m people in the UK with food allergies.  The law is known as Natasha’s Law, following the death of teenage girl  Natasha Ednan-Laperouse, who died after eating a sandwich on a flight. The sandwich was not required to [...]

  • Sainsbury’s recruiting for 22,000 Christmas jobs

    October 1, 2021

    Sainsbury’s is creating 22,000 Christmas jobs, with higher numbers of staff required than usual. This represents 10,000 more roles compared to on average over the past five years, the retailer confirmed. It is looking for store staff, delivery drivers and logistics workers as supermarket bosses have warned of a rocky Christmas amid a labour shortage. [...]

  • Tories told: Time to go for growth in budget as GDP gives some leeway

    October 1, 2021

    CONSUMERS drove a faster than first thought recovery in the second quarter of the year. The Office for National Statistics yesterday upgraded GBP growth in the period from 4.8 per cent to 5.5 per cent.  Economists, business groups and campaigners called on the Chancellor to use the additional leeway granted by the upwards revision to [...]

  • Current carbon pricing is too low to stop climate change, new research says

    September 30, 2021

    Carbon pricing is currently too low to stop climate change, according to new research published ahead of COP26 – when carbon market rules are scheduled to be agreed. In its latest whitepaper, which seeks to make carbon pricing more effective, the Climate Crisis Advisory Group (CCAG) estimated that today’s policy targets would likely lead to [...]

  • Rising construction costs will led to further house price growth

    September 30, 2021

    House prices are expected to further soar thanks to increasing construction costs. Annual house price growth eased to 10 per cent in September, from 11 per cent in August, according to Nationwide Building Society. London was the weakest performing area of the UK in the third quarter of 2021 while the average UK house price [...]

  • Crypto Summit LIVE: Updates from the heart of the City

    September 30, 2021

    Day 2 Yesterday, we were treated to keynote talks from Lord Chris Homes MBE, member of the House of Lords, Marcus Hughes of Coinbase and Alderman William Russell, Lord Mayor of The City of London and more! The day was topped off with an awards ceremony held at St Leonardo’s hotel in London. Closing thoughts [...]

  • Natwest chairman Sir Howard Davies on the ‘pandexit’ to China, levelling-up and crypto

    September 30, 2021

    Sir Howard Davies is as near as the UK gets to the continental ideal of a polymath who is equally at home in the worlds of arts, industry, finance and politics. While currently serving as the chairman of banking giant Natwest, he is a former director of the LSE, a professor at Sciences Po in [...]

  • As UK wages soar, drivers say an expensive and chaotic Christmas is increasingly likely

    September 30, 2021

    Truck drivers have warned that prices for everything from food to Christmas gifts will rise because an acute shortage of drivers is pushing up wages. Watch the full report.

  • VAT rise likely to hurt hospitality recovery and may cause more permanent closures

    September 30, 2021

    The upcoming 7.5 per cent VAT rise will slow down Covid recovery for the hospitality sector and may lead to a number of additional closures, a SME tax expert told City A.M. today. The Government’s scaling back of its Covid support measure is coming too soon for businesses with little or no cash reserves, according [...]

  • Deliveroo muscles in on rapid grocery delivery in London with Morrisons tie-up

    September 30, 2021

    Deliveroo has made an entrance into the crowded rapid grocery delivery market by launching “Hop”, a partnership with Morrisons that will deliver groceries in south London from a dedicated “dark store”. Hop promises to deliver in “as little as 10 minutes” and launches today for initial delivery to residents in Vauxhall and Battersea in south [...]

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