Venues plead Chancellor to reduce tax burden as pubs and restaurants face ‘bleak summer’ July 4, 2022 Night time economy bosses have urged the Chancellor to slash VAT to 12.5 per cent in a bid to help businesses recover to their pre-Covid glory. Pleas for help from sector leaders followed reports last week that Downing Street was mulling reducing the headline rate temporarily to help UK households navigate the cost of living [...]
Kellogg’s loses court battle against government over sugary cereal promotion rules July 4, 2022 Cereal giant Kellogg’s has lost its court case against the government’s new rules on the promotion of sugary foods in supermarkets. Kellogg’s had argued the government’s formula does not take into account the nutritional benefits of milk, which is typically consumed with cereal at breakfast. However, a ruling at the Royal Courts of Justice sided [...]
More than 1m people descend on London for first Pride parade since Covid lockdowns July 2, 2022 London hosted its first Pride parade since the beginning of the Covid pandemic on Saturday afternoon, marking its 50th anniversary. Saturday’s parade was the most attended one in the 50-year history of the event, making it the capital’s biggest Pride ever, according to the Mayor of London’s office. The parade started at midday at Hyde [...]
Hundreds join vigil for Zara Aleena as family remembers ’empathic and fearless’ Londoner July 2, 2022 Hundreds of people have joined a vigil for Zara Aleena, who was attacked while walking home last week. The 35-year old law graduate was killed after being attacked in Ilford, east London in the early hours of last Sunday. Hundreds of Londoners showed up on Saturday afternoon to finish her walk, from the location of [...]
Two more Brits charged with being mercenaries in separatist-held Ukraine July 2, 2022 Two Brits have been charged with being mercenaries after being captured by Russian forces in Ukraine, a Russian state news agency has reported. Criminal charges had been filed against Dylan Healy and Andrew Hill under article 430 of the self-proclaimed Donetsk People’s Republic (DPR)’s criminal code, it has been reported. Healy is understood to be [...]
Boris Johnson mulls 50-year mortgages to get more young people on housing ladder July 2, 2022 Downing Street is looking at plans for 50-year mortgages that parents can hand down to their children. According to a report in The Times, Boris Johnson is looking at encouraging long mortgages as a way to get more young people onto the housing ladder. While a number of banks already provide products that mean parents [...]
Brits to face further travel woes as airlines prepare to announce fresh wave of cancelled flights July 2, 2022 Airlines using the country’s busiest airport are readying to announce a new torrent of cancellations next week. According to The Telegraph, airlines using the west London airport must tell officials which flights will be scrapped by Friday, before the school summer holidays begin. Tens of thousands of Brits are set to have their holiday plans [...]
Payday: City law firm hikes starting salary for junior lawyers to £120k July 2, 2022 Square Mile law firm Herbert Smith Freehills has boosted its starting salary for junior lawyers to £120,000, as the City pay battle wages on. The firm has hiked pay for junior lawyers by 24 per cent, in a bid to compete with other law firms also increasing staff pay. The increase comes as Bank of [...]
British staycations under threat as hotels ‘turning away guests’ due to staff shortages, BCC boss warns June 30, 2022 The British staycation is under threat as hospitality firms struggle with staff shortages this summer, the director general of the British Chambers of Commerce (BCC) warned yesterday. Shevaun Haviland said the country was “already seeing a drag on economic growth due to the lack of people in our labour market.” Hotels had been “turning guests [...]
Boots posts uplifted sales as owner Walgreens shelves plans for £5.5bn auction June 30, 2022 Boots has posted buoyant quarterly retail sales after its parent company abandoned plans to sell the chemist this week. In third quarter results, Walgreens Boots Alliance (WBA) stated profit was down on last year but had surpassed Wall Street expectations. The retail pharmacy giant posted adjusted earnings of $0.83bn or $0.96 per share for the [...]
