Shops’ tax bill 755 per cent higher than online rivals amid war of words over sales tax May 23, 2022 Traditional brick and mortar retailers pay 755 per cent more – almost eight times – than their online rivals in business rates tax. The figures come after Sainsbury’s and Marks and Spencer execs have voiced differing opinions over the prospect of an online sales tax. Fresh analysis by real estate advisor Altus Group has found [...]
London office completions lag due to site delays as demand for projects surges May 23, 2022 Supply chain disruption and worker shortages mean the completion of office construction projects in London has lagged. New start activity dropped by a third to 2.3m sq ft over the six months to March. Completed construction also plunged by half to 1.7m sq ft, well below a long-term average of 2.5m sq ft, as projects [...]
Want to really be Australian-style? Time to move our elections to a Saturday May 23, 2022 Australian elections are always held on a Saturday, meaning more people can get to the ballot booth
Allica set for profitability this year after loan book swells to £560m May 23, 2022 UK business lender Allica Bank said it is set to hit profitability for the first time this year after its loan book ballooned to £560m in 2021.
Letters: A Mexican charade May 23, 2022 [Re: UK kicks off negotiations with Mexico for £4bn post-Brexit trade deal, April 20] It’s quite striking that we’re bragging about trade deals with Mexico as some kind of farcical “post-Brexit” boost. We never saw a real trade deal with the US even if we are now negotiating state-by-state. Our trade deal with Australia was [...]
Buy-now pay-later firm Tranch poised for US push after cash injection May 23, 2022 Business to business buy-now pay-later firm Tranch is poised for a move into the US this year after bagging a £3.5m funding injection, the firm revealed today.
Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth May 23, 2022 Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about [...]
Windfall tax talk rattles Tories as Rishi Sunak reportedly backs the levy May 22, 2022 The prospect of a windfall tax on large energy firms has provoked a fierce Tory backlash, after it was revealed yesterday Rishi Sunak is in favour of a levy.
Rail union fires fierce warning against government’s union busting plans May 22, 2022 The UK’s largest rail union has fired a stark warning to the government over its plans to curb the effectiveness of strikes, telling Grant Shapps his plans would be met by industrial action from the entire trade union movement. Shapps, the transport secretary, is threatening the transport unions with new laws that would make it [...]
Investors cashed out £35m from Bulb Energy before its collapse May 22, 2022 Leading energy traders in the City were among dozens of investors that cashed out £35m from collapsed supplier Bulb before it collapsed into administration.
