HMRC looks to sniff out more British firms abusing tax havens May 30, 2023 The UK’s tax authority is tracking an increasing number of firms suspected of using tax havens, new data reveals. HMRC is now tracking 512 UK firms that are suspected of failing to conduct enough business activities in those tax havens to legitimately claim they operate there, according to data obtained by law firm Pinsent Masons [...]
There’s an app about to do to workplaces what social media did to British politics May 30, 2023 If you haven’t heard of Fishbowl, chances are your colleagues are already using the app - a bizarre combination of LinkedIn and Reddit - to air their workplace grievances, writes Eliza Filby
Scrap the tourist tax hurting our hospitality businesses or lose out to Paris and Madrid May 30, 2023 Tourism is incredibly important for London, but to keep London important for tourism, we have to make it more attractive for foreign visitors to shop here, writes Chris Hayward.
House prices continue to fall as buy-to-let landlords sell up May 30, 2023 House prices are continuing to fall, according to a closely watched index, but transactions are ahead of the long-term average due to landlords selling up. According to estate agent Zoopla, landlord properties accounted for 11 per cent of sales in the last month, as high mortgage rates and energy bills forced many property owners to [...]
Toyota chair under pressure as proxy adviser urges shareholders to vote against board reappointment May 29, 2023 Toyota came under pressure over the weekend as proxy advisers urged shareholders to back calls to improve the automaker’s disclosure of climate-related lobbying, and vote against the reappointment of its chair as a director. On Friday, US-based proxy adviser Glass Lewis recommended that Akio Toyoda, who stood down as president and CEO in January and [...]
New transatlantic airline Global buys first plane May 29, 2023 A new UK-US airline, Global, which is intending to launch flights across the Atlantic by spring 2024, has officially announced the acquisition of its first plane. The company said this morning that it had acquired an Airbus A380, the world’s largest passenger plane, according to the PA news agency. It confirms last week’s revelation’s in [...]
Boeing eyes up new Saudi deal to offload 150 737 Max jets May 29, 2023 Boeing is eyeing up a major deal to sell 150 of its 737 Max jetliners to the Saudi Arabian airline Riyadh Air, according to reports published on Sunday. According to Bloomberg, the newly-launched startup Riyadh Air is looking to obtain 300 to 400 single-aisle jets from Boeing, but sources say the talks remain complicated and [...]
Retailers hit with fresh blow as nearly 50 per cent of Brits think the high street is ‘no longer relevant’ May 29, 2023 Nearly half of Brits believe that high streets are no longer relevant, with new data showing that the public is craving a change to their local high street in order to continue visiting it. The data, published by IT company Accenture, comes as retail experts have forecasted that up to 18,000 stores could vanish off [...]
Labour ‘may as well hand out dole notices’ after North Sea oil ban plans May 29, 2023 LABOUR were accused of undermining the UK’s energy security after it emerged the party was considering banning new North Sea oil and gas licences, should it win the next election. Reports in the Sunday Times suggested that Keir Starmer and his shadow chancellor, Rachel Reeves, were minded to block any new development in what remains [...]
Spain: Local elections rout sees PM call snap election for July May 29, 2023 A LOCAL elections rout over the weekend has forced the socialist Spanish Prime Minister Pedro Sanchez to declare a snap election. A host of regional governments fell from Sanchez’s party’s control into the hand of the main conservative opposition, the People’s Party, with the PM saying he must “take personal responsibility for the results.” The [...]
