Accelerating costs and higher tax bills knock employers’ confidence April 20, 2022 Swelling cost burdens and higher tax bills are eating into UK businesses’ confidence in the country’s economic prospects, reveals a fresh survey published today. Severe inflationary pressures sourced from the Russia-Ukraine war sending energy prices higher and ongoing supply chain disruption has muddied the outlook for the UK economy. The world’s economic watchdog, the International [...]
Boris Johnson’s political survival could come at the cost of Britain’s rule of law April 20, 2022 Last week epitomised a favourite phrase of political pundits: it was a “bruising week” for the government. This one, so far, isn’t shaping up to be much better, after the Northern Ireland Secretary Brandon Lewis compared fines handed out to the Prime Minister and the Chancellor to speeding tickets. The partygate fines have been fraught [...]
Homes for Ukraine scheme: tax treatment April 20, 2022 The Government has announced that sponsorship payments under the Homes for Ukraine scheme will not be taxable and that the conditions for some tax reliefs will be adjusted to take account of the scheme. Homes for Ukraine scheme The scheme allows individuals, charities, community groups and businesses in the UK to bring Ukrainians to the UK and [...]
Driving seat: Uber picks up former British Airways exec as UK lead April 19, 2022 A former Aviva and British Airways executive has been selected to take a role in the driving seat of Uber's UK division.
L’Oreal sales jump 13.5 per cent in market beating first quarter April 19, 2022 L'Oreal has reported booming sales growth as consumers brushed off concerns about inflation and picked up luxury cosmetics.
Hospitality bosses: Government should ‘do everything possible’ to urge workers back to desks April 19, 2022 City centre business groups have called for the government to have more urgency in encouraging commuters back to offices after figures revealed low attendance numbers at government departments. There was a daily average of only one third of staff back at their desks at the Department for Business, Energy and Industrial Strategy (BEIS), in numbers [...]
Why the egg wars show Bank should be no chicken April 19, 2022 It may lack some of the nautical drama of the Cod Wars but the egg wars – fought not between Iceland and the UK but supermarkets and their suppliers – is perhaps going to have a longer-lasting impact, at least for those of us who aren’t Reykjavik-based pescatarians. In short, a combination of input costs [...]
UK to give more artillery to Ukraine as Russia starts new offensive April 19, 2022 The UK will give more artillery to Ukraine’s army to help them fight off Russia’s new offensive in the country’s East. Boris Johnson today said the “urgency was greater” to arm Ukraine in light of Russia’s new push in the Donbas, while adding that the war “will become an artillery conflict, they need support with [...]
Energy chiefs urge government to offer more support to households April 19, 2022 Chief executives at some of the country's biggest energy firms have called on the government to provide
Apollo chief warns peers ‘ignore blockchain at your peril’ April 19, 2022 The billionaire chief of investment giant Apollo has warned the private equity industry to ignore “blockchain at [its] peril” after the firm has thrown its weight behind the technology in recent months.
