Budget 2021: Sunak eyes tax on online deliveries and freelance workers February 28, 2021 Rishi Sunak is reportedly preparing to announce new taxes on online deliveries and freelance workers in Wednesday’s Budget to help pay off the UK’s Covid spending. The tax would likely target online firms like Amazon and Asos who have seen profits soar over the past year, after people spent much of 2020 in lockdown. It [...]
Bringing London back to life is about more than a return to offices – the capital is fighting for its soul February 28, 2021 Everyone who has moved to London from somewhere else remembers their first night here. I remember mine. My wife and I had dinner in a tiny Indian restaurant in Wembley near the GPs surgery where she’d be working as a nurse. I didn’t have a job yet – but I had that pure excitement that [...]
Budget 2021: Rishi Sunak hints at tax rises next week February 28, 2021 Rishi Sunak has hinted that he will raise taxes in the Budget on Wednesday, saying that he wanted to “level” with people about the fiscal challenges to come. He also suggested that he would extend Covid support schemes in his Budget, as expected, saying “we went big, we went early and there’s more to come”. [...]
Lloyd’s of London plans to reopen underwriting room from 17 May February 27, 2021 Lloyd’s of London is reportedly planning to reopen its underwriting room from 17 May for a few hundred people. The City stalwart is one of the first firms to lay out its initial plans for getting workers back into the Square Mile after the coronavirus pandemic. The Telegraph reported that Lloyd’s will allow 30 per [...]
Warren Buffett’s Berkshire Hathaway sees profit rise on stock market charge February 27, 2021 Warren Buffett’s Berkshire Hathaway said that a surge in prices of stocks like Apple had taken the investment firm to a profit of $36bn. The Nebraska-headquartered firm said that quarterly income rose 14 per cent to $5bn, while net income jumped 23 per cent to $35.8bn. The firm has been the beneficiary of a stock [...]
Budget 2021: Sunak pledges £22bn for new infrastructure bank February 27, 2021 Rishi Sunak will use Wednesday’s Budget to announce billions of pounds of funding for the UK’s new infrastructure bank, which is due to launch in the spring. Announced as part of November’s spending review, the bank is part of Sunak’s pledge to provide “once in a generation” investment into the UK’s infrastructure. The Treasury said [...]
Budget 2021: Chancellor set to unveil mortgage guarantee scheme February 27, 2021 The Chancellor will use Wednesday’s Budget to unveil a new mortgage scheme aimed at getting tens of thousands of people onto the property ladder. Under the new programme, first time or current homeowners looking to buy a house of up to £600,000 will need a deposit of just five per cent to secure a mortgage. [...]
Anas Sarwar elected new leader of Scottish Labour party February 27, 2021 Anas Sarwar has this morning been announced as the new leader of the Scottish Labour party after defeating Monica Lennon in a snap election. The vote was triggered when former leader Richard Leonard stepped down in January, saying it was in the best interests of the party. Sarwar’s election comes just three months before elections [...]
Hospitality redundancies: How many restaurant and pub jobs have been lost during the pandemic? February 27, 2021 How many restaurant and pub jobs have been lost during the pandemic?
Why Uruguay should be on the radar of all wine lovers February 27, 2021 What’s the first name that springs to mind when you think about Uruguay? I ran out of steam after Luis Suarez. Well, shame on me, because Fernando De Lucca, Pablo Fallabrino and Santiago Deicas, three of Uruguay’s top winemakers, all deserve to be on that list. Carla Bertelloti is the woman hoping to add them. [...]
