Second chance at LV= for Royal London February 7, 2022 Royal London is engaged in talks with LV= which could see the two companies merge to become a UK insurance heavyweight.
Top dog: Pets at Home appoints Lyssa McGowan as chief executive February 7, 2022 Pets at Home has poached its new chief executive Lyssa McGowan from Sky UK with the offer of a £580,000 salary.
Board member Jennie Daly to replace Pete Redfern at the helm of Taylor Wimpey February 7, 2022 Jennie Daly, board member and group operations director at housing giant Taylor Wimpey, will replace Pete Redfern as the company’s chief executive. The company announced the appointment this morning, saying it will be effective from the conclusion of the annual general meeting on 26 April 2022. “Jennie has extensive experience in the housebuilding sector and [...]
Exclusive: Ramboll injects multi-million pound investment into city planning platform VU.CITY February 7, 2022 Smart city planning platform VU.CITY has secured series A investment from consulting engineering group Ramboll. VU.CITY offers interactive 3D models to help architects, developers and planners in city design. An investment worth £5m will aid the firm in becoming a cross-market platform for data and solution providers, CityA.M. understands Ramboll joins existing shareholder Grosvenor Hill [...]
Average UK house prices soar to record £276,000 February 7, 2022 The average UK house buyer forked out 9.7 per cent more in January 2022 than they would have done a year ago.
Exclusive: Insight pumps £100m into ThinCats to spur SME recovery February 7, 2022 Asset Management firm Insight Investment will pump £100m into a partnership with business lender ThinCats to spur the economic recovery of small and medium sized businesses (SMEs) across the UK.
Student work app Stint delivers Pizza Express nationwide deal February 7, 2022 Student work app Stint has inked a nationwide partnership with Pizza Express. The app connects students with hospitality venues in need of more hands on deck for a few hours. The partnership follows a trial in London and Edinburgh. More than 120 Pizza Express restaurants will partner with the app, which claims to offer hospitality [...]
National Insurance tax hike to hit UK apprenticeships, warns FSB February 7, 2022 The Federation of Small Businesses (FSB) has called out government's national insurance tax hike amid falling numbers of apprenticeships.
HMRC’s investigations into UK’s biggest firms generate £69 in extra tax revenue for every £1 invested February 7, 2022 HMRC investigations into big firms generate significantly higher returns than investigations into small and mid-sized businesses, according to figures from Pinsent Masons, which said the investigative unit’s high returns will see the taxman focus on large corporate tax dodgers going forwards. The UK tax collector’s investigations into big firms generated £69 in extra tax revenues [...]
Rental stock concerns ahead of energy efficiency regulations for landlords February 7, 2022 Rental stock may be constrained in the coming years as a quarter of landlords have poor energy efficiencies, ahead of tougher tenancy regulations. Some 23 per cent of landlords said their properties were rated D or below, according to a report from Shawbrook Bank. The government is eyeing requirements to force landlords to improve their [...]