UK crypto industry balks at new tax rules for decentralized finance February 3, 2022 The UK's crypto industry is up in arms over new tax rules issued by HMRC on lending and staking assets on decentralized finance platforms.
Privately-educated lawyers fill top ranks of UK’s corporate law firms, figures show February 3, 2022 Privately educated lawyers are much more likely to become partners in Britain’s biggest corporate law firms, than their state-educated counterparts, according to new figures from the Solicitors Regulation Authority (SRA). The figures show that one-third (33 per cent) of lawyers working in corporate law firms went to private school, compared to just 13 per cent [...]
What to drink this weekend: Something to try with the Six Nations February 3, 2022 And so, after a hiatus that surely none of us expected, life would appear to be returning back towards normal, whatever that is. The Editor asked me to write a piece to coincide with the Six Nations rugby tournament. My initial thought was to try and find a wine variety that is grown in all [...]
KP Snacks warns of crisps shortages after cyber attack February 3, 2022 The snack maker behind Hula Hoops and Tyrrells crisps has warned of shortages as it battles a ransomware attack on its IT systems. KP Snacks said it had been victim to a cyber-attack on its IT and communications systems last week, warning of supply issues until at least the end of March. The company’s systems [...]
Crypto markets drop as Facebook earnings threaten wider market recovery February 3, 2022 The price of Bitcoin is currently down by more than three per cent since yesterday morning to around $37,000.
Household energy bills to rise 54 per cent to nearly £2,000 per year February 3, 2022 Household energy bills will rise to £,1971 per year from April 1, after Ofgem announced its latest update to the consumer price cap.
Private equity market soars as dealmakers shrug off uncertainty February 3, 2022 Private equity dealmaking in the UK soared to record levels last year as dealmakers shrugged off pandemic and Brexit uncertainty, new data has revealed today.
Ryanair loses appeal over industrial action compensation February 3, 2022 The UK Court of Appeal has rejected Ryanair’s appeal, ruling it cannot avoid refunding customers that were affected by walkouts in the summer of 2018. The low-cost carrier initially refused to pay travellers back, as it considered the disruption to be caused by “exceptional circumstances” but was taken to court by the Civil Aviation Authority [...]
Rishi Sunak to offer council tax rebates and cuts to protect households from rising energy bills February 3, 2022 The Treasury is preparing a council tax rebate scheme as part of Chancellor Rishi Sunak's plans to ease the pressure on UK households this spring.
Oil prices ease after OPEC+ meeting February 3, 2022 Oil prices have eased but remain close to the $90 milestone after OPEC+ producers stuck to planned moderate output increases.