UK travel and tourism sector to create 700,000 jobs within next decade May 18, 2022 The UK travel and tourism sector is expected to create 700,000 jobs within the next decade, according to a report published today. Forecasts from the World Travel and Tourism Council (WTTC) predict that 70,000 new industry jobs will be created in the country per year, up from the 16,000 created last year. WTTC figures predict [...]
After Grenfell: Government puts forward new rules as fire boss hits out at progress May 18, 2022 The Government has put forward new fire safety regulations, which will see building owners share the level of risk that the design and materials of outer walls have with emergency fire services. It is hoped to give fire brigades an opportunity to adopt the best strategy to tackle potential blazes. However, the Home Office has [...]
PMQs: Boris Johnson deflects on windfall tax as Starmer teases him on an ‘inevitable u-turn’ May 18, 2022 Boris Johnson has been accused of dithering on a windfall tax by Keir Starmer during Prime Minister’s Questions, as the leader of the opposition said he would do an ‘inevitable u-turn’ on the issue. The PM refused to be drawn on whether he supported the one-off tax, with Starmer highlighting Rishi Sunak’s comments to the [...]
Netflix lays off 150 staff amid subscriber dip May 18, 2022 Following a brutal set of results last month, Netflix has laid off around 150 staff.
Brexit red tape onslaught deepens as UK economy loses £47bn because businesses drown in cross-border tax complexities May 18, 2022 Cross-border tax complexities cost the UK economy £47.6bn in lost revenue last year, an average revenue loss of 16 per cent on total EU exports, according to fresh industry data shared with City A.M. this morning. The stresses of navigating complex regulations post-Brexit continues to hold back growth for UK exporters, and is causing significant [...]
Tory MP criticised for tweet about colleague’s arrest for rape which showed ‘callous disregard for the alleged victims’ May 18, 2022 A veteran Tory MP has been accused of showing “callous disregard” for victims of rape, after appearing to joke about the arrest of his colleague for it. Conservative MP for Lichfield Michael Fabricant caused uproar this morning over a message about the shock arrest yesterday of a Tory colleague on suspicion of rape. The party [...]
KPMG drops embattled property firm Adler as client following allegations of wrongdoing May 18, 2022 KPMG has dropped German property firm Adler as an audit client after refusing to sign off on its accounts last month. In a letter to investors, Adler chairman Stefan Kirsten said KPMG’s decision had come as a “great surprise” to the firm, as he said the firm is now searching for a new auditor. Kirsten [...]
Twitter execs slam Elon Musk in secret video footage questioning his mental state May 18, 2022 New footage has emerged overnight of a Twitter executive calling Elon Musk mentally handicapped.
Petrol prices spiral to record highs putting more pressure on motorists May 18, 2022 Diesel and petrol prices climbed to record highs yesterday, putting more pressure on squeezed motorists as the cost-of-living crisis deepens.
Tory MP arrested on suspicion of rape and told to stay away from Westminster is bailed May 18, 2022 A Conservative MP arrested on suspicion of rape and asked to stay away from the parliamentary estate – has been bailed. The Metropolitan Police said the alleged sexual offences were committed between 2002 and 2009. The force said he had been bailed to a date in mid-June. A statement from Scotland Yard on Wednesday : [...]