Businesses call on Chancellor to boost regional growth by investing in tourism November 14, 2022 Businesses have called on Chancellor Jeremy Hunt to boost regional growth by investing in travel and tourism. Advocacy group BusinessLDN has called for the reintroduction of VAT-free shopping for international arrivals, as well as ramping up Border Force personnel to speed up queues at airports and ease visa processes for low-risk visitors such as children. [...]
SMEs fear ‘cliff-edge’ energy bills in April, warns British Chamber of Commerce November 13, 2022 Nearly half of SMEs fear they will not be able to pay their energy bills once the Government’s support package ends next March, warns BCC.
UK has too many agencies responsible for fraud, ex-culture secretary says November 13, 2022 The UK needs a more streamlined way to combat fraud instead of relying on the “alphabet soup” of agencies that currently operate, Baroness Nicky Morgan has said. Morgan, a former digital and culture secretary, said the UK is a “world leader” in digital fraud and that there are “far too many agencies and regulators and [...]
Twitter’s blue tick ‘probably’ coming back next week as fake accounts boom November 13, 2022 Twitter’s $8 (£6.99) blue tick feature will “probably” come back at the end of next week, according to chief executive Elon Musk. The serial entrepreneur announced the decision earlier today after being asked about it by Paul Jamil, chief executive of SEO platform Whatsmyserp. Twitter – which announced the paid feature’s introduction days after Musk’s [...]
Nightcap boss: ‘No place for mediocrity’ in economic tumult as cocktail brand’s sales surge November 13, 2022 Cocktail bar operator Nightcap is slowing down its expansion programme while its CEO told CityA.M. the sector faces “uncharted territory” this winter. While the London-listed business would not halt openings entirely, it would “be more cautious” with new sites, CEO Sarah Willingham said. In its annual report last week, the owner of The Adventure Bar [...]
Winds of change at Clipper Ventures as owners put it on the market November 13, 2022 The owners of Clipper Ventures will step back from running day-to-day operations as they look to put the company up for sale. Founded in 1995, Clipper Ventures is the organisation behind the Clipper Round the World Yacht Race, one of the most famous amateur sailing competitions in the world. The race restarted in March following [...]
Democrats keep control of the Senate in midterms as Nevada stays blue November 13, 2022 The Democrats have kept control of the US Senate, after Catherine Cortez Masto won her Nevada senatorial race in a nailbighting finish. Senator Cortez Masto beat her Republican opponent Adam Laxalt by just 6,600 votes to give the Democrats 50 of 100 seats in the upper house, which gives the party a working majority as [...]
Retailers balance ‘sadvertising’ and festive joy in this year’s Christmas adverts November 13, 2022 Retailers have faced pressure this year to put out adverts that not only have a feel good factor, but also do good. Against the backdrop of a gloomy winter, where many families will be forced to cut back on Christmas celebrations and gifts in order to keep the fridge stocked and heating on, getting the [...]
Hunt warns of tax hikes for everyone in fiscal statement November 13, 2022 Jeremy Hunt has warned that tax will rise for everyone in his autumn statement next week, while promising the most vulnerable will be protected. The chancellor said the government “will be asking everyone for sacrifices” but that there is “only so much we can ask” from low income workers. Hunt is expected to raise between [...]
Ofgem must review supplier of last resort process, says Westminster body November 13, 2022 The administration process for suppliers has to be reviewed, with households set to foot a £2.7bn bill to clean up the energy market.