Sizing up Whitehall: a Labour reshuffle must focus on potential ministers July 3, 2023 In his next reshuffle, Keir Starmer must choose where to position his allies keeping in mind they might become his Cabinet if Labour wins the next elections, writes Eliot Wilson
Our laws on tech companies would give too much power to regulators like the CMA July 3, 2023 Laws for big tech are already based on outdated information where Google and Facebook are king and regulators like the CMA are expected to make sense of a changed world, writes Matthew Sinclair
We need $100trn to hit our climate change commitments – in just six years time July 3, 2023 We have six years to find £100tn to limit global warming to 1.5 degrees and prevent further climate change, but we won’t do it without India and China, writes Nicholas Lyons
No teas or coffees for shareholders at M&S AGM as chairman tells them to go digital July 2, 2023 Attendees of the Marks & Spencer AGM on Tuesday will not be served any refreshments or get a chance to speak to bosses face to face, as it looks to take the event totally digital. The Percy Pig maker had advised shareholders not to travel to the company’s AGM on Tuesday, with shareholders who do [...]
Quarter of taxpayers in London and southeast stung by higher income tax July 2, 2023 A quarter of taxpayers in London and the southeast of England now fall within the higher rate of income tax, it has been revealed. Almost 2.5m people in the capital and commuter belt constituencies now come under the 40 or 45 per cent tax bracket, analysis of HMRC data by the Liberal Democrats has shown [...]
Heartwood Collection secures £100m cash injection as it steams ahead with ‘pubs with room’ expansion July 2, 2023 Hospitality chain Heartwood Collection, formally known as Brasserie Bar Co, has secured £100m of additional funding as it steams ahead with its growth plans. In June, the pub and restaurant chain revealed a major revamp which saw the hospitality group expand into the pubs with rooms market. Last year, Brasserie Bar Co was snapped up [...]
Jet2 set for bumper profits as Brits opt for better weather and warmer seas July 2, 2023 Jet2 is set to report profits ahead of expectations in its full year results next week, as the leisure travel company eyes a critical summer period ahead. The group now expects pre-tax profits well above previous analysts’ estimates, of up to nearly £400m, well ahead of initial predictions of £377m. It comes amid a rise [...]
Labour and Just Stop Oil donor says there’s “no kind of deal” on party policy July 2, 2023 Green energy industrialist Dale Vince has denied being “an eco-zealot” as he defended his £1.5m donations to Labour. Vince told Sky News he was not seeking to influence leader Sir Keir Starmer by giving cash to the party and that there was not “some kind of deal going on”. The Ecotricity owner accused the “right [...]
Gerry Murphy: Who is Tesco’s new chair? July 2, 2023 Two months after Tesco’s former chair John Allan stepped down following allegations of sexual misconduct the ‘Big Four’ grocer has appointed boardroom heavyweight Gerry Murphy to fill the role. Dr. Murphy, an Irish businessman, is already the chairman of luxury fashion brand Burberry and sugar manufacturing business Tate & Lyle, however will step down from [...]
Back hydrogen or lose out to Europe and Asia in green race, BMW warns July 2, 2023 Britain must back the roll-out of hydrogen filling stations in the UK or risk falling behind Europe and Asia in the race to roll out greener vehicles, BMW has warned. Jurgen Guldner, manager of hydrogen technology at the Munich-based carmaker, told the Sunday Times that “if the UK government wants to decarbonise,” it must “get [...]
