Could quantum computing render blockchain obsolete? March 8, 2022 | City Talk ‘What happens when quantum computers become reality?’: one of my favourite moments at a cryptocurrency seminar last year was when someone asked this. After a long pause, the speaker said something akin to: “We will figure that out when we get there.” Let me explain. The premise of blockchain technology and the cryptocurrencies, non-fungible tokens [...]
HMRC action yields £0 in half of all tax probes but taxman hits back: ‘We are not driven solely by money’ March 8, 2022 HMRC investigations into individuals and small businesses last year yielded no returns in nearly half of of all cases, according to new research shared with City A.M. this afternoon. The proportion of investigations which returned no money to the Treasury has risen by over a third, to 47 per cent last year up from 31 [...]
Car parts maker TMS blames Brexit for closure of UK site March 7, 2022 A supplier of car parts to the likes of Range Rover and BMW is reportedly closing its UK plant and setting its sights on Europe.
Polluting London drivers to be hit with daily fee of £12.50 as Sadiq Khan plans to expand Ultra Low Emission Zone to entire city March 6, 2022 London Mayor Sadiq Khan said today that he plans to expand the capital’s Ultra Low Emission Zone (Ulez) to cover the entire city in a push to cut pollution and congestion. Mr Khan has asked Transport for London (TfL) to consult on extending the scheme’s boundary from the North and South Circular Roads to the [...]
Amazon makes major U-turn by shutting all book stores and physical shops in UK March 6, 2022 E-commerce giant Amazon has said it is planning to shut all of its book stores as well as its other brick-and-mortar shops and pop-up stores in the UK and US. The shock announcement to close down all 68 book stores, as well as shops that offer toys and home goods in Britain and the US, [...]
As first time buyers save for an average of four years, half of them give up on ownership dream March 5, 2022 First-time buyers are saving for an average of four years in order to raise the deposit to get on the property ladder, new research showed today. The number of first-time buyers rose to nearly 410,000 last year with average deposits estimated at around £53,935 but affordability is still being squeezed with house prices estimated to [...]
Exclusive: Tax probe yields hit staggering £30bn as HMRC fights to recoup lost Covid revenues March 5, 2022 The total revenue HMRC generated from tax investigations and other compliance activity has risen to £30.8bn in 2021, up from £28bn in 2020 as it looks to pursue tax lost to evasion or avoidance during the pandemic, lawyers have told City A.M. this morning. HMRC had to suspend some tax investigations work for part of [...]
Women in business given chance to win mentoring from Karren Brady March 4, 2022 Female entrepreneurs have a chance to bag a one-on-one mentoring session with Apprentice star Baroness Karren Brady.
Three really great jobs to apply for in March March 4, 2022 If you’re looking for a new job, you have come to the right place. Check out some of the great openings from our lovely job board now… Manager, Brand and Advertising, Indeed As the world’s number 1 job site, Indeed’s mission is to help people get jobs. They strive to cultivate an inclusive and accessible [...]
Virgin Active appoints Dean Kowarski CEO as it snaps up his nutrition firm March 4, 2022 Virgin Active has appointed Dean Kowarski, the founder of The Real Foods Group, as its new chief executive.
