Royal Mail under fire for wrongly charging British customers £150 ‘Brexit tax’ May 30, 2022 Royal Mail is under fire from angry Brits for reportedly charging incorrect Brexit import fees on deliveries from the European Union. The mail giant wrongly slapped fees on items customers already own. One man was charged around £200 for a pair of glasses to be sent back from a hotel in Spain, according to a [...]
Exclusive: Half of City’s asset managers, pension funds and insurers still do not have any ESG policy in place May 30, 2022 It has emerged that many key players in the City still do not have developed an environmental, social and governmental investment policy. In fact, just under half (45 per cent) of asset managers, pension funds and insurers still do not have ESG investment policies in place, according to new research from Clearwater Analytics, shared exclusively [...]
Exclusive: London is the Silicon Valley of Europe, but ‘can not afford to sit on its tech laurels’ May 30, 2022 Forbes heralded London recently as the Silicon Valley of Europe as the capital proved to be “Brexit-proof” with around 18,500 new startups registering in 2021 alone. Although hybrid working has been adopted by many companies, London remains a place where giants such as Google, with its King’s Cross ‘landscraper’, nestle with newer companies such as fintech boomer Revolut, [...]
Revealed: HMRC now tracking 277 UK businesses it suspects of using tax havens to reduce tax bills May 30, 2022 HMRC is now tracking 277 British businesses it suspects of using ‘tax havens’ to artificially reduce their tax bills in the UK, according to a City law firm. HMRC is concerned that some UK businesses are still avoiding tax in the UK by recording income in countries with zero or near-zero corporation tax. Countries traditionally [...]
Exclusive: Staggering £130bn worth of homes left empty in London alone with record 87,731 vacant properties May 30, 2022 It has emerged that the value of vacant homes in London equates to over £130bn. London has a total of 87,731 vacant homes, making it the top city in the UK for the prevalence of empty houses. With house prices averaging £1.49m in the capital, the cost of vacant homes is approximately £130.8bn. A recent study [...]
Top talent, please come to Britain: New visa for graduates from top 50 non-UK universities May 30, 2022 Top talent from around the world is encouraged to come to Britain as graduates from the top 50 non-UK universities can apply from today to come to the UK through a new visa scheme. The Government hopes its “high potential individual” route, which launches on Monday May 30, will attract the “brightest and best”, at [...]
Not your time yet: Tube suicides down by half as successful staff interventions jump dramatically May 30, 2022 The number of suicides on the London Underground are down by nearly a half in five years, new data reveals. TfL said this morning this is primarily driven by successful staff interventions, as those doubled between 2017 and 2021, totalling 2,225. London Underground’s Suicide Prevention Programme training encourages station staff to intervene if they believe someone [...]
Sainsbury’s to pump £500m into offsetting rising costs as CEO says ‘we have to make it easy’ May 30, 2022 Sainsbury’s boss said this morning the supermarket giant plans to pump fresh funds into offsetting rising costs over the rest of the year as shoppers become “increasingly concerned” about their finances. The UK’s second largest supermarket chain said it will invest more than £500m into lower pricing by March 2023 as part of a long-term [...]
Outrage growing over French police’s ‘disgusting’ and ‘brutal’ behaviour against Liverpool fans in Paris May 30, 2022 The behaviour of the French police, during the Champions League final in Paris last weekend, is increasingly criticised. The Mayor of Liverpool ,Joanne Anderson, who was at the Champions League final in Paris, has described the behaviour of French police against Liverpool fans as “absolutely disgusting”. Speaking on BBC Breakfast this morning, Anderson, who arrived [...]
Boris Johnson fighting frantically behind the scenes to appease dozens of critical Tories as partygate refuses to go away May 30, 2022 Prime Minister Boris Johnson is reportedly working around the clock to appease critical Conservative rebels as the partygate affair threatens to reignite over new rule-breaking claims. Fresh allegations have surfaced that senior civil servant Sue Gray was told about a potential gathering in the Downing Street flat on the evening of the Prime Minister’s 56th [...]
