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 [...]
Wirecard’s finance chief admits forging documents after facing pressure from KPMG July 4, 2022 Wirecard’s former head of accounting has admitted forging documents, after coming under pressure to provide evidence of transactions during a special audit by KPMG. Wirecard’s ex-chief financial officer, Stephan von Erffa, told prosecutors he falsified the documents, after coming under pressure from the auditor to provide evidence of a €50m payment, according to sources speaking [...]
UK motorways brought to standstill as angry drivers protest against rocketing fuel prices July 4, 2022 UK motorways have been brought to a standstill after dozens of angry drivers took to the streets and protested against rocketing petrol and diesel prices. Campaigners today targeted major arteries such as the M4 in South Wales and Somerset, as well as the M5 from Devon to Bristol and the A38. Demonstrations, in the shape of [...]
Easyjet flight from London to Minorca escorted by fighter jet following bomb threat July 4, 2022 An Easyjet flight from London Gatwick to Minorca was escorted by a fighter jet, following a bomb threat. According to the Spanish police, the precaution was taken after a British 18-year-old made a fake threat on social media. The culprit – who yesterday was travelling alongside five other friends – remains in Minorca under police [...]
Gunman charged with murder: Denmark in shock as three killed in shooting that sends shockwaves through Copenhagen July 4, 2022 Denmark is in shock after three people were shot dead last night in the capital Copenhagen, as the suspect has been charged with murder. Local police said they had arrested a 22-year-old Danish man and he was formally accused in court. The country was celebrating after having hosted the Tour de France’s first three stages, [...]
Google’s new King’s Cross hub nears completion July 4, 2022 Google has placed the final steel beam on its newest development in King’s Cross at an event attended by Labour leader Keir Starmer and London Mayor Sadiq Khan, marking a major milestone as the project enters its final period of development ahead of opening in 202 4.
Number 10 admits Johnson was aware of sex pest ‘speculation’ around Chris Pincher July 4, 2022 Number 10 has admitted Boris Johnson was aware of “reports and speculation over the years” that Chris Pincher had a history of alleged sexual misconduct, before he hired him as deputy chief whip. Johnson’s official spokesman said that “in the absence of any formal complaint it wasn’t deemed appropriate to stop the appointment because of [...]
Crypto investment products’ AUM reach record low amid spot Bitcoin ETF push July 4, 2022 Data from CryptoCompare shows that the price of Bitcoin kept on dropping throughout last week.
Augmentum Fintech pulls back on fresh investment as ‘price correction’ looms July 4, 2022 Fintech venture vehicle Augmentum reported a “strong performance” in its portfolio last year but said it had pulled back on fresh investments in the past six months amid a rout in global tech firms.
Easyjet COO steps down amid ongoing travel chaos July 4, 2022 The chief operating officer (COO) of Easyjet Peter Bellew resigned today as the airline continues to be hit by travel disruption. The carrier’s board announced today Bellew, who joined two and a half years ago, resigned on Friday to “pursue other business opportunities.” Director of flight operations David Morgan replaced him as interim COO. “I [...]
