CPS: Shield exports from tax to boost Global Britain and small business March 7, 2022 Shielding spending on ramping up exports from taxes will unlock a well of economic growth by boosting engagement with trade among Britain’s small businesses, a new report recommends today. Allowing firms to cut their tax bills by offsetting investment in exports would strengthen incentives for small firms to participate in trade, according to the Centre [...]
Unilever commits to new health standards after shareholders pile on pressure March 7, 2022 Unilever has today committed to overhauling the way it reports on the health of its products after bosses came under fire from a shareholder activist group for lacklustre performance on nutrition.
Editorial: Oil ban dilemma points to sad truth that there are no good choices left March 7, 2022 If, as the US Secretary of State Antony Blinken hinted at yesterday, the European continent is set for a Russian-oil-free future, the implications will be enormous. Energy prices, already high, will spike further. Vast swathes of the continent – and the UK’s – manufacturing sectors will be forced to hike prices too, creating the sort [...]
A third of mid-market firms were whacked by hacker outages in 2021 March 7, 2022 New research has revealed that one in three mid-market firms suffered from a hacker induced outage in 2021. According to a report by cyber firm Censornet, one in five companies were forced to pay hackers to deactivate ransomware, with the average pay-out hitting £144,000, and seven per cent handing out more than £500,000. “For the [...]
House price growth not set to slow down this spring March 7, 2022 The rate of house price growth has been underpinned by a frenzy of house-hunters while stock levels for properties remain low. According to estate agent Knight Frank, there is no indication that annual house price growth will return to single digits this spring. Annual UK house price growth accelerated to 12.6 per cent in February [...]
Shipping firm Convelio raises record £26m for art logistics March 7, 2022 Shipping firm Convelio announced this morning that it has raised a further $35m (£26m) in Series B funding, marking the world’s largest investment in arts logistics.
Letters: Just Eat just working hard March 7, 2022 [RE: Just Eat revenue jumps a third as it mulls pulling out of Portugal and Norway, March 2] This week’s results from Just Eat were by no means the result of trend or chance; Just Eat worked to fill an important gap in the delivery market for consumers: experience. Their business model delivers on high [...]
Octopus Energy lends helping tentacle to customers following hike to price cap March 6, 2022 Octopus Energy (Octopus) customers will receive a £50 annual saving to their energy bills following the painful 50 per cent hike in the price cap.
Crackdown on misinformation: TikTok suspends live streaming in Russia March 6, 2022 TikTok have said it will be suspending live streaming and new content in Russia as the social media firm faces questions about the spread of misinformation. However, the Chinese tech giant has said that the in-app messaging will not be impacted in Russia as the company evaluates its safety measures, according to reports from Reuters. [...]
Labour calls for investigation of claims PM intervened to help get friend a peerage March 6, 2022 Labour is calling for a parliamentary investigation into claims that Boris Johnson intervened to get his Russian billionaire friend Evgeny Lebedev a peerage, after security services initially recommended against it. Labour leader Sir Keir Starmer today told the BBC that a Westminster committee should probe the “very concerning” case and that “there’s at least the [...]
