How to get the best deals on Black Friday November 21, 2016 This Friday is no normal Friday. It is Black Friday, and if you want to make the most of the biggest shopping day of the year, you need to be prepared. Read more: Black Friday spending will almost hit £2bn this year There are already plenty of deals available online, but here are our top [...]
Four things companies and consumers want for energy, fuel duty and North Sea oil from the Autumn Statement November 21, 2016 Energy consumers and industry groups no doubt have their fingers crossed for a slew of price cuts, duty freezes and investment boosts when chancellor Philip Hammond delivers his Autumn Statement on Wednesday. Here are some of the top energy-related wants – and some of the indicated energy policies – to look out for later this [...]
British American Tobacco says a minimum excise tax in the Autumn Statement would only fuel the black market November 21, 2016 UK smokers face a triple whammy in 2017 ahead of Philip Hammond's Autumn Statement, a British American Tobacco spokesperson said. With a duty escalator expected and more limitations to come from the EU's tobacco products directive, BAT said the minimum excise tax proposed by former chancellor George Osborne should be dropped. The minimum excise tax is effectively a floor price that would [...]
A quarter of Brits think they can’t afford a dignified existence, while one fifth regularly can’t pay bills – although it’s better than France November 21, 2016 More than a quarter of Britons say that they “do not have enough money for a dignified existence” – although this was less than France, where 46 per cent of citizens thought they needed more for their dignity, a new survey says. A fifth of UK residents said that they are sometimes unable to pay their [...]
That’s far out: UK investment firm launches £80m space tech fund November 21, 2016 A UK investment firm has today launched an £80m space-tech venture fund. Seraphim Capital said the fund, which will focus on early-stage, space-related technology businesses, is the largest of its kind. The company expects to have raised the £80m over the next two quarters, and today announced a £30m investment from the British Business Bank alongside [...]
London needs to stay a welcoming hub for tech, says Facebook exec November 21, 2016 London needs to continue to open its arms to the tech sector, a Facebook exec has said today. Nicola Mendelsohn, vice president for Europe, the Middle East and Africa at Facebook, told the audience at the Confederation of British Industry (CBI) conference that it was important to keep looking "outwards and not inwards", adding: "We need to [...]
The Titanic’s grade II-listed London ticket office has been turned into £5m luxury apartments November 21, 2016 Got £5m burning a hole in your pocket and an interest in gruesome maritime history? This might be for you: a developer has just unveiled a block of luxury flats in the building where the Titanic's ticket office was located. Grade II-listed Oceanic House, in Trafalgar Square, has been redeveloped into six luxury apartments, including [...]
Theresa May welcomes capitalism 2.0 November 21, 2016 Theresa May has today urged businesses to take a new approach to capitalism, or risk pushing away the public at large. Speaking at the Confederation of British Industry (CBI) conference, the Prime Minister called for "embracing a new approach ensure everybody in the benefits of economic growth" May noted that, although her and her party would [...]
May drops mandatory workers on boards plan, as she recruits private equity grandee Buffini for long-term capital review November 21, 2016 Theresa May has confirmed that the government will not force firms to put workers on boards, as she announced that former private equity grandee Sir Damon Buffini has been recruited to a review on barriers to long-term investment. Ministers have been hinting that plans to put workers on boards were being watered down, and today May told an audience that the [...]