Council tax rebate goes to 19m households in £150 cost of living boost November 1, 2022 Millions of people have received their £150 council tax rebate from the government, as the deadline to ensure eligibility for it is extended. 19 million households, representing 99 per cent of those who can receive it have now got the money in their bank accounts, it has been announced. In total, £2.87bn of the council [...]
UK’s £50bn black hole: Brits face a long, cold winter full of spending cuts and fresh tax hikes November 1, 2022 After barely a week in office, Rishi Sunak, the new Prime Minister, and his equally new Chancellor, Jeremy Hunt, are expected to move ahead with tax rises for millions of Brits. As early as next week, Sunak and Hunt will most likely extend a freeze on the thresholds at which people start to pay the [...]
Ryanair tells passengers to brace for disruption over website and app outage on 8 November November 1, 2022 Passengers have been urged to check in early as Ryanair’s website and app are set to undergo maintenance works later this month. The low-cost carrier has announced the website will be down for 11 hours between 6pm on Tuesday 8 November to 5am on Wednesday 9 November. “Due to planned maintenance, Ryanair website / app [...]
Exclusive: 832,000 businesses face fines and missed VAT returns as new digital tax deadline is today November 1, 2022 UK VAT registered businesses who are yet to sign up for the so-called Making Tax Digital (MTD) by today will fall foul to non-compliance, penalties and an inability to file their VAT returns. The amount of businesses facing a default surcharge penalty is expected to significantly increase in November as a result of businesses being [...]
Soaring energy bills putting off 70 per cent of drivers from getting an EV November 1, 2022 Energy bill hikes are putting potential drivers of electrical vehicles off, as the AA’s president warns it will hamper progress to cleaner driving. More than 70 per cent of drivers considering switching to a zero-emissions vehicle have been deterred by switching to an EV due to soaring costs of electricity. An AA poll of more [...]
Scoring Gen Z attention: Snap teams up with Sky Sports in new content deal November 1, 2022 Snap has announced a renewed content partnership with Sky Sports UK to host made-for-mobile, short-form content on Snapchat Discover. Sky Sports, a content partner since 2015 with over 1.8 million Snapchat subscribers, will publish highlights from every single Premier League football match, Women’s Super League highlights, behind the scenes content, clips from Soccer AM, Monday [...]
Another player in the market? Viaplay launches its own UK sports and film streaming service November 1, 2022 Nordic producer Viaplay has launched its own streaming service in the UK today, piling in on the crowded video on demand market. The direct-to-consumer packages are priced between £3.99 and £14.99 a month, with content focusing on Nordic storytelling. There are more than 1,000 hours of Viaplay original content, as well as curated third-party series and films. [...]
Saudi Aramco unveils £36.8bn profits powered by soaring gas prices November 1, 2022 Saudi Aramco reported its second-highest earnings as a listed company, driven by this year’s surge in oil and gas prices.
Scarborough law firm fined over anti-money laundering failures November 1, 2022 The UK’s solicitors’ watchdog has fined Scarborough law firm Pinkney Grunwells Lawyers LLP £2,000 and ordered it to pay £600 in costs over its failure to put in place anti-money laundering (AML) provisions. The Solicitors Regulation Authority (SRA) said Pinkney Grunwells had been “reckless” in failing to heed multiple warnings over a three-year period over [...]
Value of West End landlords’ assets dented by economic volatility November 1, 2022 West End landlords Shaftesbury and Capital & Counties Properties have had the valuations of their portfolios dented by economic turbulence in the last few months. The London-listed Shaftesbury, soon to be merged with neighbour Capital & Counties, posted an update about its first summer of trading not disrupted by Covid measures since 2019. Its portfolio [...]