Rishi Sunak urged to ‘turn wise words into action’ by FSB chair after small retailers feel ‘abandoned’ March 11, 2022 The chair of the Federation of Small Businesses (FSB) has urged chancellor Rishi Sunak to “turn wise words into action”, after the vast majority of micro firms said they felt “abandoned” by his policies. As the cost of living crisis continues to bite for retailers and consumers alike, 2,000 independent retailers were surveyed through Not [...]
We need to hold our nerve on green levies as the energy crisis starts to bite March 11, 2022 Disruption in the energy markets is set to drive up bills for every family and business in Britain. With gas prices in the UK recently reaching an all-time high, the consumer impact will be profound. Millions of households are expected to see annual energy bills of £3,000, and many face fuel poverty in an escalating [...]
MPs call on government to reverse plans to force landlords to pay for cladding remediations March 11, 2022 Cross-party MPs have criticised the government’s building safety policies as “piecemeal measures”. A proposed cap for fixing building defects that are not cladding should be scrapped, a report from the Levelling Up, Housing and Communities (LUHC) Committee has concluded today. The report was a response to policies set out by housing secretary Michael Gove earlier [...]
Parcel service Hermes changes name to Evri and announces pensions for couriers March 11, 2022 Delivery titan Hermes has announced today that it is changing its name to Evri, as well as introducing changes to couriers’ pension plans. As well as news of a new logo, the parcel service has also announced a £7m annual cash injection into pensions. So-called ‘self employed plus’ couriers will be given retirement plans and [...]
Supermarkets made hay from restrictions, now they need to consolidate to keep going March 11, 2022 THE rapid grocery delivery sector has grown at a staggering pace across Europe and the US. Two years on from when we first saw Getir, Weezy, Zapp and Gorillas advertised on buses and hoardings across London, data from the ONS revealed the average weekly sales of online groceries in December 2021 were £372m – more [...]
Brexit has dented Britain’s exports when we should be relaunching our global brand March 11, 2022 It is fair to say that this government is facing a myriad of challenges. Having pushed Brexit through and just about overcome the pandemic, the government is now facing war in Ukraine and a cost-of-living crisis at home. On top of this, the structural challenges of “levelling up”, boosting growth, and making a success of [...]
Three Mobile suspends £40m Chelsea sponsorship amid Abramovich sanction March 10, 2022 Mobile giant Three has said it is reviewing its £40m sponsorship of Chelsea following the UK's sanction of owner Roman Abramovich.
Lib Dems call for £18bn cut to VAT to ease cost of living crunch March 10, 2022 The Liberal Democrats are calling for an £18bn VAT cut that would see the rate slashed from 20 to 17.5 per cent in a bid to ease the cost of living crunch on British households. The Lib Dems say the new policy proposal, released on the eve of the party’s spring conference, would save households [...]
Fit and proper? Time for a regulator to fix football’s broken market March 10, 2022 The word unprecedented is thrown around a lot, and often, it’s overdone. But it has to be said that a major Premier League club being pseudo-nationalised due to its Russian owner’s links with a warmongering dictator in eastern Europe is not something we remember happening all that often. In the immediate term, it is not [...]
UK data watchdog fines Tuckers Solicitors £98,000 after hacker leaked legal papers onto dark web March 10, 2022 The UK government’s data regulator has fined London headquartered law firm Tuckers Solicitors £98,000 for failing to properly look after its clients data, after a cyberattack saw almost a million legal documents stolen and leaked onto the dark web. The UK government’s Information Commissioner’s Office (ICO) said the criminal solicitors firm – which has offices [...]