1 in 3 high street businesses miss out on rates relief September 20, 2022 The Government failed to support a third of high street businesses in England promised a discount on their business rates bills, according to new data. Property specialists at Gerald Eve found that just 272,000 out of a promised 400,000 retailers, leisure and hospitality venues were able to claim a 50% discount on the commercial property tax announced [...]
FCA: Crypto exchange FTX may be operating in UK without authorisation September 19, 2022 Britain’s Financial Conduct Authority said on Friday cryptocurrency exchange FTX may be offering financial services or products in the UK without its authorisation. FTX is one of the world’s largest crypto exchanges, raising its profile this year by acting as crypto’s white knight, throwing lifelines to digital asset platforms which have faltered as cryptocurrency prices [...]
Letters: Stop spying on me, boss September 16, 2022 [Re: UK civil servants to have computers monitored to get people back to office, September 13] The UK Civil Service should reconsider whether the surveillance of employees is the appropriate approach to get the most out of their staff and encourage their return to the office. It is important that employees feel accountable and acknowledged [...]
Letters: When the going gets tough September 15, 2022 [Re: Tax cuts are not enough to help the small businesses facing crippling energy bills, Sept 2] Businesses are facing soaring costs and weakening demand which threatens their existence. From the start of April to the end of June, there were over 5,600 registered company insolvencies in the UK, an 81 per cent increase from [...]
Bankers’ bonus cap could be scrapped by Kwasi Kwarteng September 14, 2022 The bankers’ bonus cap, which limits the pay of top City and Canary Wharf executives, could be scrapped by new Chancellor Kwasi Kwarteng. The cap, which was brought in as part of EU-wide efforts after the financial crisis, has long been criticised as an anti-competitive stranglehold on the capital’s competitiveness. Kwarteng wants to scrap the [...]
‘Harder than the Olympics’: TfL chief on logistics of Queen commemorations September 14, 2022 Transport for London boss Andy Byford has said the network will work hard to deliver a good service for the Queen's commemorations
Letters: A plastic face off at supermarkets September 14, 2022 [Re: Let’s be honest, reusable plastic bags are terrible for the environment, yesterday] Matthew Lesh is right to say we often turn to small things in the face of hopelessness. If our leaders are not stepping up to deal with climate change, then individuals must. But I think the shift towards reusable items generally is [...]
Letters: Don’t look to America for help September 13, 2022 It is telling that Americans often see Britain as a nation of waning importance, yet they are reluctant to see it in themselves.
Thousands line streets to pay respects to procession of Queen’s coffin September 11, 2022 Floral tributes were thrown into the path of the Queen’s coffin as thousands of people turned out to pay their respects as the monarch began the journey to her final resting place. Her oak coffin, draped with the Royal Standard of Scotland with a wreath of Balmoral flowers on top, began its six-hour trip from [...]
Market wrap: London stays open and sees shares and pound rise September 9, 2022 Markets in London traded as usual on Friday, and saw shares and the pound trade higher. The London Stock Exchange confirmed that it planned to maintain normal opening hours after the death of the Queen, but would close during any public holidays. The FTSE 100 joined an international rally, which saw global markets break out [...]
