Revolution Bars is expanding a bar in a World Heritage site in Liverpool April 22, 2016 Liverpudlians are in for a treat as their World Heritage site will benefit from the opening of a new Revolution bar. Revolution Bars Group, the owner of a string of drinking dens familiar to UK high streets, has announced that it will be opening three new bars. The first two of the new openings are already on [...]
EU referendum: President Barack Obama makes plea to Britain to Remain in EU as it enhances UK’s influence and helps economic growth “in line with values” April 22, 2016 The European Union magnifies British influence and global leadership, President Barack Obama has said in a passionate appeal to the British people ahead of the all-important EU referendum. Concerned about the prospect of Brexit, the president said that when it comes to creating jobs, trade and economic growth in line "with our values, the UK [...]
So long, McCormick: Premier Foods updates status from “it’s complicated” to “in a relationship” with Nissin April 22, 2016 Premier Foods might have shrugged off overtures made to it by US spice giant McCormick, but it appears to be settling down with Japanese suitor Nissin instead. The food group behind Mr Kipling and Bisto updated its status. No longer is the firm having to say "it's complicated"; as of this morning it is in a "relationship" with the [...]
Uber agrees $100m settlement as agreement reached that drivers are still contractors – not employees April 22, 2016 Uber has agreed a $100m (£69m) class-action settlement with its drivers, allowing the ride-sharing app to continue classifying its drivers as independent contractors rather than employees. The lawsuits – one in California and one in Massachusetts – will be settled with a payment of $84m to the two plaintiffs, while a second $16m payment will be [...]
City Moves for 22 April 2016 | Who’s switching jobs April 22, 2016 Callcredit Information Group UK-based credit reference agency and specialist in managing consumer data Callcredit information group has appointed Colin Rutter as chief risk officer and general counsel. With over 25 years of legal experience, Colin Rutter joins Callcredit Information Group from Experian where he was general counsel and a member of the UK&I, EMEA and [...]
Prepare to salivate: John Lewis predicts the 10 things we’re going to go nuts for in autumn/winter 2016 April 22, 2016 Yes, the summer has only just arrived (or has it? Is this really it?) but retailers are already one step ahead of us, forecasting what we'll be buying this autumn/winter. Well it is only 246 days until Christmas. So while you might be daydreaming about which holiday clothes you're going to splurge on, the buyers [...]
HMRC launches consultation on simpler tax of life insurance bonds April 22, 2016 Life insurance bonds will be taxed in a simpler way after HMRC launched a consultation into how they should be treated. The bonds are popular investments but have a notoriously complicated tax structure. They allow people to put money away, watch the capital grow and also take out regular chunks if they want to. But bond [...]
MPs urge government to fix skills gap as too much is being spent on temps and consultants April 22, 2016 A group of MPs has today raised concerns over government's apparent lack of urgency to plug the skills gap among its own ranks. A report by the Public Accounts Committee (PAC) has found that government's spending on consultants and temporary staff, who can cost twice as much as permanent workers, has slowly crept up since the Cabinet [...]
YouGov Poll: Twice as many people support buy-to-let tax hike than oppose it April 22, 2016 The recent hike in the stamp duty levy for buy-to-let landlords was met with fierce opposition from landlord groups when it came into force on 1 April. However, according to YouGov survey released today, more than twice the number of UK adults were in favour of the three per cent surcharge than those who opposed [...]
Steel’s last stand: Government plans to attract bidders for Tata Steel’s UK operations with financial aid April 21, 2016 The government has announced a last-ditch package of rescue measures in a bid to attract potential buyers for Tata Steel's UK operations, including the Port Talbot steelworks. The plans, which amount to a “part-nationalisation” of the troubled steel industry, would see taxpayers take a 25 per cent stake in any rescue of Tata Steel’s [...]