Hunt rules out chunky tax cuts before the election as they’d ‘compromise’ inflation fight October 2, 2023 Chancellor Jeremy Hunt has argued that sizeable tax cuts this year would “compromise” the battle against inflation as colleagues piled on the pressure for a pre-election giveaway. The Cabinet minister said on Monday he and Rishi Sunak were prioritising the pledge to halve prices before carrying out tax cuts in any “substantial way”. As Tory [...]
City Pub Group: Expansion continues with acquisition of Bateman Street’s Simmons October 2, 2023 City Pub Group has announced the acquisition of two new pubs in Soho and Oxford, continuing a shopping spree this year. The pub group, which owns Chelsea’s The Phene and a host of other upmarket pubs, has snapped up the site of the popular Bateman Street Simmons cocktail bar and the Plough, one of the [...]
UK small nuclear competition: Rolls Royce in, Bill Gates snubbed October 2, 2023 Bill Gates' nuclear reactor design company Terrapower has not been shortlisted for the next round of the government's SMR competition.
Top lawyer: Bank crypto transaction ban ‘about protecting themselves’ October 2, 2023 British banks could face criticism if they follow in the footsteps of JP Morgan’s Chase, which moved to block cryptocurrency payments for its UK customers, a banking lawyer has said.
Dorries by-election: Can Labour or Lib Dem flip Mid Bedfordshire? October 2, 2023 Ahead of a by-election to replace Nadine Dorries as MP, Labour and the Lib Dems have fought a fierce battle for the soul of Mid Bedfordshire.
UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
Half a million sole traders could see bankruptcy over the next year, Tide says October 2, 2023 Bankruptcy could be the future for nearly half a million sole traders in the UK over the next year, new analysis of public business data suggests. The research from the business financial platform Tide says energy bills, late payments, and “soaring” prices are to blame for an increase in financial pressure on entrepreneurs. Sales have [...]
BP former boss Bernard Looney accused of promoting women from undisclosed romantic relationships October 2, 2023 Former BP boss Bernard Looney faces allegations he promoted women he was romantically involved with, according to the Financial Times.
Predictions of death of the high street ‘overstated’, says John Lewis October 2, 2023 Predictions of the death of the high street have been “overstated”, John Lewis has said, as it announced its proportion of sales being made online has fallen and store visits are up.
Water industry woes make future challenges harder to fix October 2, 2023 The water industry is a national disgrace, making the tough choices it has to make over investment and water shortages even more difficult