Bank of England denies it’s U-turned on return to work policy September 7, 2021 The Bank England today said it has not abandoned plans to bring staff back to the office. Threadneedle Street came under fire after reports surfaced that staff had been told they could continue working from home for the time being. However, the Bank of England said today it had not U-turned on its return to [...]
DHG warns it will struggle to supply hospitals if driver shortages continue September 7, 2021 A supplier of hospital beds has warned patients will suffer should delivery issues continue into this winter. Healthcare manufacturing giant DHG has said the current issues with driver shortages pose a threat to healthcare services, particularly as colder months approach. The company will struggle to maintain a continuous supply of medical devices to NHS sites should [...]
Taliban names interim government ministers for Afghanistan September 7, 2021 The Taliban have announced an interim government in Afghanistan, three weeks after seizing control of most of the country. An associate of one of the movement’s founders, Mullah Mohammad Hassan Akhund, was named as the head of the new government on Tuesday. The group told reporters in Kabul that Mullah Abdul Ghani Baradar, head of [...]
Meggitt shares plunge as Transdigm pulls out of takeover pursuit September 7, 2021 Meggitt shares closed 12.1 per cent down today after one of the firms battling to takeover the aerospace company pulled out of the race. This afternoon US engineer Transdigm said in a statement that it did not intend to make a firm offer for the FTSE 250 firm. Last month the Ohio-based firm sent Meggitt’s [...]
Tax hikes pull London markets down September 7, 2021 Sliding financial stocks pulled London markets down today after prime minister Boris Johnson announced a hike to dividend taxes and national insurance. The capital’s premier index fell, the FTSE 100, slipped 0.48 per cent to 7,152.75 points, while the mid-cap FTSE 250 had 0.62 per cent shaved off its value to fall to 24,097.48 points. [...]
Boris Johnson refuses to rule out new tax rises before next election September 7, 2021 Boris Johnson has said he has an “emotional commitment” to not hiking tax again before the next election, but refused to rule it out just hours after increasing National Insurance and dividend tax. Johnson refused at today’s press conference on three occasions to promise he would not raise taxes again, commenting only that “I certainly [...]
This Kentish winemaker has just released the UK’s sweetest wine September 7, 2021 When you think of the great sweet wine producing regions you probably think of Sauternes in Bordeaux, the rolling hills of Austria, or the warm and humid vineyards of Hungary. But climate change is slowly but surely rewriting the rulebook for winemakers, and a Kentish producer has just released a late harvest wine with 122g [...]
Editorial: A Tory tax raid means Boris mustn’t break his promises again September 7, 2021 “You can’t fix the Covid backlog without giving the NHS the money it needs, you can’t fix the NHS without fixing social care, you can’t fix social care without removing the fear of losing everything to pay for social care and you can’t fix health and social care without long term reform.” This is the [...]
SMEs with young business owners saw stronger pandemic performance September 7, 2021 New data has revealed that the age of business owners had a “major impact” on the performance of companies during the pandemic. Companies with younger leaders at the helm reported lower reductions in turnover according to a report on small and medium sized businesses published by AXA. In 2020 companies run by decision makers who [...]
BA in ‘advanced’ talks over new Gatwick carrier September 7, 2021 The chief executive of British Airways has said that the airline is in “advanced” talks with its unions over the launch of a new low-cost carrier at Gatwick Airport. Speaking at an event at Heathrow, Sean Doyle said that BA wanted to set up a unit with a “competitive cost platform”. However, he warned that [...]