UK tightens rules on big businesses to get £23bn in late payments owed under control January 18, 2021 UK tightens rules on big businesses to get £23bn in late payments owed under control
Rishi Sunak mulls over a UK corporation tax hike in March Budget January 18, 2021 Rishi Sunak is reportedly considering raising corporation tax in the upcoming March Budget in a bid to pay off some of the UK government’s Covid spending bill. The chancellor is also now expected to increase business support in the 3 March Budget by extending the furlough scheme and Covid business loan programme. Senior government sources [...]
More than £115m of public money spent on Crossrail 2 consultants January 18, 2021 More than £115m of taxpayer money has been spent on Crossrail 2, before the project has even been green lit. The £33bn project, which would see a new north-south Tube line through London, was put on hold earlier this year as Transport for London (TfL) were forced to seek a government bailout. Delays and budget [...]
Matalan ‘very cautious’ over impact of latest lockdown as Christmas sales drop January 18, 2021 Budget fashion retailer Matalan warned that it is “very cautious” about the coming months due to the ongoing impact of coronavirus, as it announced a drop in sales over the crucial Christmas trading period. In the five weeks to 2 January, total UK revenue was £119.2m, down from £134.3m in the previous year, as the [...]
UK announces inquiry into alleged corruption in British Virgin Islands January 18, 2021 The UK has launched an inquiry into claims of widespread corruption and misuse of taxpayer money on the British Virgin Islands. Foreign secretary Dominic Raab announced today that British Virgin Islands governor Augustus Jaspert had called for a federal investigation into a range of claims, including “political interference and coercion in relation to appointments in [...]
FTSE 100 falls as recovery concerns weigh on markets January 18, 2021 The FTSE 100 is fell today as last week’s slide in investor confidence continued. London’s premier index closed 0.2 per cent down to stand at 6,723 points. The FTE 250 of midcaps went the other way, rising 0.1 per cent to 20,646 points. In a sluggish day of trading, markets never really got going, with [...]
US Capitol threat revealed to be nearby fire January 18, 2021 A nearby fire saw the US Capitol complex locked down this afternoon in the clearest sign yet of fraying nerves in Washington DC ahead of the inauguration of Joe Biden. With the 46th President set to be sworn in on Wednesday, thousands of security forces have been deployed in the capital amid safety concerns. After [...]
London staff the worst in UK for working longer during Covid-19 era, as pandemic pushes Brits to burnout January 18, 2021 The working-from-home era has London employees more likely to have their work day drag well into the evening than staff based in other parts of the UK. More than half of London staff (51 per cent) admitted working beyond their usual hours, compared to 40 per cent of all those survey across the UK. 45 [...]
The vaccine challenge facing emerging markets January 18, 2021 News that effective vaccines against Covid-19 are slowly being rolled out in some parts of the world has brought the end of the corona crisis into view and buoyed investor sentiment. But we are not yet out of the woods, particularly in emerging markets (EM) where some countries are suffering renewed outbreaks of the virus. [...]
Everybody loves Raymond: Blanc and his amazing Manoir January 18, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Kate Vandy’s meeting with superstar chef Raymond Blanc at his Le Manoir aux Quat’Saisons. ••• Raymond Blanc’s Le Manoir aux Quat’Saisons first opened its doors 30 long years ago, to instant acclaim. A [...]
