The City View: Jo Tanner on the Downing Street spin machine July 20, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In today’s episode, Andy Silvester is joined by Jo Tanner, Chief Executive of iNHouse Communications, one of the capital’s most effective campaigning operations. Andy and Jo talk about the government’s communications strategy around Covid-19, whether ‘work from home’ is all it’s cracked up to be and what certainty Downing [...]
Tiktok shelves London HQ plans as tensions mount July 19, 2020 Bytedance, the Chinese owner of video app Tiktok, has had its plans to create a new international headquarters in London thrown into doubt by a growing diplomatic crisis and fears it could be blocked in the US. Tiktok has been in discussions with the UK government over the past few months to locate its headquarters [...]
Grant Thornton faces legal action over Patisserie Valerie audit July 19, 2020 Grant Thornton is reportedly facing legal action over its auditing of cafe chain Patisserie Valerie, which collapsed last year following allegations of suspected fraud. Liquidator FRP Advisory has hired law firm Mishcon de Reya to explore a claim, potentially worth tens of millions of pounds, against Grant Thornton, which audited the cake shop’s accounts for [...]
Boohoo ‘aware of poor working practices’ in Leicester since 2018, MPs say July 16, 2020 Boohoo was aware of poor working practices at clothing factories in Leicester as early as 2018, MPs have said in a letter to the fast fashion firm. The e-commerce retailer last week launched an independent review of its UK supply chain following allegations of poor conditions and underpayment of workers at the Jaswal Fashions factory [...]
McDonald’s, KFC and Wetherspoon among chains to slash prices after government VAT cut July 15, 2020 High street cafe and restaurant chains including McDonald’s, KFC and Wetherspoon have slashed prices in response to the government’s decision to cut VAT for the sector. Chancellor Rishi Sunak last week announced that VAT would be reduced from 20 per cent to five per cent for hospitality and tourism businesses. Fast food favourites and casual [...]
English lockdown reduced Covid-19 rates more than thought, study finds July 15, 2020 The reproductive number of Covid-19 in England could have been lower than experts originally thought in May, suggesting that the lockdown was successful in driving down cases, according to the latest scientific research. The research indicated that infection rates fell during the last full month of lockdown before the Prime Minister began easing restrictions in [...]
UK small businesses ‘optimistic for the future’ despite coronavirus crisis July 15, 2020 Most UK small and medium sized businesses (SMEs) are optimistic about the future despite the huge challenges created by the coronavirus pandemic, according to the latest research. In total 60 per cent of UK SME owners are hopeful about the future of their business, making the UK the most optimistic in western Europe, alongside the [...]
Stamp duty holiday: Estate agent enquiries into homes worth £500,000 soar July 15, 2020 Estate agents have seen a spike in enquiries for homes priced between £400,000 and £500,000 since the government announced a stamp duty holiday for homebuyers. The government last week lifted the threshold for stamp duty from £125,000 to £500,000 in a bid to reignite the housing market after months at a standstill during the coronavirus [...]
Supermarket sector tops customer service list for pandemic performance July 15, 2020 The supermarket sector topped the list for customer service during the coronavirus crisis, according to the latest research, as grocers stepped up to the challenge to serve shoppers throughout the lockdown. The sector’s score increased four per cent compared to last year, according to analysis by KPMG. Financial services, which was the next best performing [...]
McDonald’s to cut prices following government VAT break July 14, 2020 McDonald’s has announced it will slash prices after the government announced a VAT cut, as the fast food giant gears up to open for dine-in customers for the first time since March. McDonald’s said it had recommended that franchisees reduce prices on meal deals and classic products such as the Big Mac, Quarter Pounder with [...]