Business supplier Yü Group urges Government to protect SMEs September 21, 2022 Yü Group has urged the Government to ensure SMEs are fully included in support packages this winter and not miss out on help.
Games Workshop’s shares get hammered amid profit slump September 21, 2022 Despite its buoyant annual results this summer, costs appear to be finally taking their toll on the Warhammer maker Games Workshop. Shares slumped nearly ten per cent this afternoon after the firm revealed pre-tax profits slid 13 per cent in the last quarter to £39m. Commenting on this announcement, analysts at Peel Hunt said that [...]
Housebuilder shares rally after rumours of stamp duty cut September 21, 2022 Housebuilders shares rallied on Wednesday after reports Prime Minister Liz Truss is set to slash stamp duty in her mini-budget on Friday. Truss is expected to announce a cut to stamp duty as a rabbit in the mini-budget, a report in The Times newspaper suggested. The report, which suggested Truss intends the policy to fuel [...]
West Ham sponsor Betway hit with £400k fine over marketing on kids’ webpages September 21, 2022 West Ham’s main sponsor Betway has been whacked with a fine of over £400,000 for marketing on children’s webpages, adding to the tide of penalties given to gambling firms in recent months. The Gambling Commission found that between 14 April 2020 and 6 November 2021 the operator’s gambling logo, which linked to its website, was [...]
Sadiq Khan sets up £500m funding facility to cover TfL finance gap September 21, 2022 London mayor Sadiq Khan has set up a £500m funding facility to cover the £230m gap left by the government’s long-term funding of Transport for London (TfL). Khan said that City Hall’s funding facility – which could not be introduced earlier because TfL’s financial gap was too big – will be available to the transport [...]
BEIS chair slams business package as a ‘waste of taxpayers’ money’ September 21, 2022 The chair of an influential Westminster panel has slammed the business support package as a "waste of taxpayers' money."
London police officers found guilty of sharing ‘grossly offensive’ WhatsApp messages September 21, 2022 Two police officers have been found guilty of sending grossly offensive messages on a WhatsApp group. PC Jonathon Cobban, 35, and former officer Joel Borders, 45, were each found guilty by City of London Magistrates’ Court today and will be sentenced on 2 November at Westminster Magistrates’ Court. Rosemary Ainslie, head of the CPS Special Crime [...]
UK government to open negotiations with striking barristers following ‘constructive’ meeting September 21, 2022 The Criminal Bar Association (CBA) has said it will call off a demonstration, planned for this Thursday, following an introductory meeting with the UK’s new justice secretary Brandon Lewis. In a joint statement, the CBA and Bar Council said the introductory meeting had been “constructive” as the barrsiters’ trade bodies said “detailed conversations now will [...]
Sainsbury’s in talks to sell 18 supermarket stores to LXi REIT for £500m September 21, 2022 Supermarket Sainsbury’s is in discussions to sell more than dozen stores to real investment trust LXi REIT for around £500m. The businesses confirmed talks about a sale and leaseback deal on Wednesday, after a report by Sky News earlier this week. LXi REIT hopes to fund the deal through a combination of new equity and [...]
FCA warns millions of Brits who live in blocks of flats urgently need better protection September 21, 2022 Under a move by the City watchdog to improve how the buildings insurance market operates, the FCA said today that people living in blocks of flats could receive greater protections from high insurance costs. A cross-industry risk-sharing scheme could be set up to limit the risk to individual insurers posed by buildings affected by flammable [...]