Inheritance tax on course for record year of receipts (again) amid calls to scrap it January 23, 2024 The Treasury collected £5.7bn from inheritance tax in the first three quarters of the 2024 financial year, according to figures released today.
Netflix agrees $5bn deal for WWE rights in livestreaming push January 23, 2024 Netflix has agreed a $5bn deal to screen World Wrestling Entertainment's (WWE) flagship weekly programme Raw as the company pushes further into livestreaming.
‘A PR man for the banks’? Banking resolution service faces pressure from MPs January 23, 2024 A banking dispute resolution service has come under heavy scrutiny from MPs who, today questioned whether the organisation has been captured by the banks.
Wizz Air share price jumps on record 60.3m passengers last year January 23, 2024 Wizz Air carried a record number of passengers last year, as travel demand rebounded dramatically from pandemic-era lows.
Hundreds of affordable London homes in pipeline as part of £276m scheme January 23, 2024 A housing developer, owned by FTSE 250 firm Vistry, has bagged a £276m scheme to build 739 new homes in Colindale, North West London. Countryside Partnership was named as the preferred developer by the Greater London Authority (GLA) and the Mayor’s Office for Policing and Crime (MOPAC), who are bringing the scheme forward. Some 60 [...]
Comeback kid: Embattled energy trust seeks to restore London listing after delayed results January 23, 2024 The Asian Energy Impact trust is seeking to restore its London listing after publishing delayed annual and interim results, following months of controversy around the trust. In April, the trust’s shares were suspended after an issue was identified with its 2022 annual results, leading to ‘material uncertainty’ over the fair value of some of its [...]
‘High Court or the high road’: MPs say future of banking dispute resolution is ‘uncertain’ for SMEs January 23, 2024 MPs have flagged potential "gaps" left behind for the Financial Ombudsman Service (FOS) to fill when the British Business Resolution Service (BBRS) compensation scheme closes.
Abrdn begins cost-cutting push with job losses: Reports January 23, 2024 Asset manager Abrdn is set to cut hundreds of its job as it continues its cost-cutting effort, according to reports.
London Oxford Street spend slips as pressure mounts to scrap tourist tax January 23, 2024 Bosses behind Oxford Street are piling fresh pressure on the government to scrap the tourist tax after visitors failed to splash the cash over the Christmas period. Dee Corsi, who heads up the New West End Company, said footfall grew three per cent over the holiday season but customers kept their purses shut, with spending [...]
What are B Corp standards and why are they about to get tougher? January 23, 2024 B Corporation standards could get tougher as B Lab Global launches its second public consultation at a “vital juncture” for purpose-led businesses. The proposed change to standards cracks down on the “flexibility” companies currently have in becoming B Corp certified, emphasising must-have criteria for a range of impact topics. A B Corp is a company [...]