As Rishi wades through the cost of living crisis, static growth is waiting in the wings April 6, 2022 The short-term pressures on Rishi Sunak have continued to grow in tandem with the cost of energy and everyday essentials. Conservative MPs are increasingly panicked about being saddled with a label of being “high tax Tories”. But underlying all of this is a much more worrying phenomenon. Since the financial crisis of the late 2000s, [...]
Calories on the menu: Bosses fear new rules for restaurants will leave a sour taste April 6, 2022 Diners are being confronted with the calorie contents of meals at some restaurants under new laws that come into effect today – but could this do more harm than good? Hospitality bosses have said the changes come at the worst possible time, as the sector endeavours to recuperate pandemic losses while staring down the barrel [...]
London’s open economy was exploited by corrupt money, now we must make it our strength April 6, 2022 For centuries, London has been a haven for people fleeing persecution, war, famine, and other catastrophes. From the French Huguenots of the 18th Century to Jewish refugees fleeing the Nazis, we have a strong and proud tradition in this city of welcoming, integrating, and supporting refugees. It is in London’s DNA and an integral part [...]
New tax year ushers in more woe for businesses and households April 6, 2022 Today marks the start of what will be yearly increases in tax bills for households across the UK as a raft of hikes, threshold freezes and fiscal tweaks come into effect. The new tax year has been ushered in by the much-lamented 1.25 percentage point national hike, which is forecast to deal a more than [...]
Innocent founders raise £100m for fresh venture fund April 6, 2022 A London venture capital firm set up by the founders of smoothie-maker Innocent has raised a £100m fund to pump into challenger brands.
Invoice scams lead to more business losses than any other type of fraud, new figures show April 6, 2022 UK businesses lost more money to fraudsters using “invoice scams” in the last three months than to criminals using any other form of swindle, new data from Barclays shows. Most (55%) of the money lost to scammers between December 2021 and February 2022 was lost through invoice scams, the figures show, as invoice scams – [...]
Government’s online divorce portal could crash as ‘no fault’ divorce laws come into play April 6, 2022 Landmark reforms allowing for “no fault divorce” could lead surge in the number divorce filings that could crash the government’s new online divorce portal, lawyers have warned. The introduction of new laws, allowing married couples to divorce amicably without blaming either partner, could see a jump in the number of divorces due to a release [...]
Ukraine: Johnson urges Russian citizens to ignore Kremlin propaganda on war crimes April 5, 2022 Boris Johnson has made a plea for Russian citizens to not believe Kremlin propaganda about war crimes committed in Ukraine as Volodymyr Zelensky today accused the United Nations (UN) of giving Vladimir Putin the “right to sow death”. In a recorded message released for Russian civilians, the Prime Minister said reports of mass civilian killings by [...]
LGIM calls for more mining sector funding to meet net zero goals April 5, 2022 Funding for the mining industry will have to be ramped up to ensure the successful decarbonisation of global economies, warned LGIM.
Anytime Fitness eyes 20 new gyms as high street welcomes fitness tenants April 5, 2022 Anytime Fitness is planning to open 20 new gyms this year as it will reap the benefits of the post-lockdown real estate landscape. The gym operator said it had seen landlords drop rents and view the sector more favourably after the pandemic. Anytime Fitness UK’s Ben Dixon said: “It’s fair to say that we’ve often [...]