Nadhim Zahawi: ‘I don’t know how rich I am’ July 11, 2022 Tory leadership hopeful Nadhim Zahawi was unable to say how rich he is, but insisted he and his family have never used offshore firms to avoid tax. The Iraqi-born politician who is one of 11 candidates in the race made his comments during an interview with Sky News, as he committed to publish his tax [...]
UK must change thinking around non-drinkers as 1 in 3 pub visits alcohol-free July 11, 2022 One in three pub visits are stone cold sober as Brits shun beer for alcohol-free and low-alcohol tipples. More than a third (37 per cent) of restaurant visits are also alcohol-free, according to a freshly published report from KAM and alcohol-free beer brand Lucky Saint. Just over half of UK drinkers drink fewer than ten [...]
London Stock Exchange Group backs new fintech funding review as venture cash dries up July 11, 2022 The London Stock Exchange Group has thrown its weight behind a new review of the fintech funding landscape today as venture cash dries up and valuations plunge in the face of a looming recession.
Joules share price plummets after retailer calls in KPMG to help boost profitability July 11, 2022 Joules share price has tumbled after it confirmed weekend reports that it has called in the KPMG debt advisory to help boost its cash position. As set out in its May trading update, the premium lifestyle group said it will continue to focus on improving profitability, cash generation and liquidity headroom. As at 29 May, [...]
Then there were 11: Live TV debate for Tory leader to be held as Liz Truss throws hat into ring July 11, 2022 Sky News will host the first live television debate for the new leader of the Conservative Party and the next Prime Minister.
Exclusive: Ringfencing benefits the big players, warns Good Energy boss Nigel Pocklington July 11, 2022 Good Energy has waded into the industry debate over ringfencing customer credit balances, warning the will add costs to people’s bills.
Oil price spike to push up airline fares in long-term, warns Willie Walsh July 11, 2022 THE HIGHER price of oil will be reflected in increased airline fares, the boss of the international industry body warned yesterday. “Oil is the single biggest element of an airline’s cost base. It is inevitable that ultimately the high oil prices will be passed through to consumers,” Willie Walsh, chief executive of the International Air [...]
Electrifying steel production and investing in scrap could slash industry emissions, reveals think tank July 11, 2022 Green Alliance has urged the government to move away from coal imports to meet the country's production needs.
UK government should introduce VAT relief for small businesses, says Tide boss July 11, 2022 The government should provide VAT relief for small companies to help them cope with rising business costs, the chief executive of business banking and financial services platform Tide has said. Oliver Prill, who became chief executive in 2018, said small businesses are finding it extremely tough in the current economic climate and that the UK [...]
RUA Life Sciences announces revenue growth to £1.6m July 11, 2022 RUA Life Sciences announced revenue growth to £1.6m for the year ended 31 March 2022. Its revenue growth was £1.5m in 2021. Two new board directors were appointed with major improvements in business processes. RUA Life Sciences is the holding company of a group of medical device businesses. RUA Life Sciences Chairman Bill Brown said, “A great deal of [...]