Treasury minister: Pushing a new global corporation tax will be crucial at G20 June 22, 2021 The recent G7 agreement on tax was a vital breakthrough in the fair and effective taxation of multinationals. It is one we should all be proud of, because the UK has consistently led on this issue. But you would not think so, to read some of the commentary. Labour politicians in particular have been desperate [...]
Hospitality hiring crisis drives up wages by 14 per cent as venues turn to temporary workers June 22, 2021 Hiring bottlenecks in the UK’s hospitality sector are prompting pubs and restaurants to turn to temporary staff to keep up with demand. It has also forced companies to increase wages by as much as 14 per cent, according to new research from Indeed Flex, an online marketplace for flexible workers. Analysis of pub, bar and [...]
Waverton makes key marketing hire to support business growth June 21, 2021 Waverton Investment Management has today announced the appointment of Sasha Dabliz as Head ofMarketing. Dabliz joins the firm this week from Schroders, and follows on from a series of strategic hires to position the business for future growth. As part of her role as Head of Marketing, Dabliz will build the brand and work on [...]
No 10 insists government will stick to £4bn ‘triple lock’ pension pledge June 21, 2021 A spokesperson for the prime minister has vowed the government will not ditch the “triple lock” pension pledge, despite its £4bn price tag. Downing Street insisted that the pledge – part of the Conservative party manifesto in 2019 – will not be broken, after reports that government ministers were considering a temporary suspension to the [...]
US stocks surge after worst week in nearly four months June 21, 2021 Wall Street rallied today, with the Dow Jones Industrial Average completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic. The S&P 500 value index, which includes banks, energy and other economically sensitive sectors and has led gains in [...]
The vaccine race is on: London borough winners and losers June 21, 2021 Richmond currently wears the crown as the London borough that has vaccinated the highest proportion of its adult population, according to the latest NHS data. The south west London borough has vaccinated 132,627 of its residents with a first dose – 85 per cent of its 156,399 population over the age of 16. Richmond also [...]
Steven Spielberg’s Amblin Partners signs film deal with Netflix June 21, 2021 Steven Spielberg’s production company Amblin Partners will make several feature films a year for streaming giant Netflix, as part of a new deal. The new partnership is symbolic for the confluence of streamed and theatrical films, and a major win for Netflix, as it vies for its position amongst increasing competition from new entrants Disney [...]
Deplatformed: Vodafone customers seethe after it ditches free wifi deal on Tube June 21, 2021 Out of service: Vodafone customers seethe after it ditches free wifi deal on Tube
Cummings claims Rishi Sunak raised concerns about PM’s Covid response June 21, 2021 Rishi Sunak allegedly shared concerns about Boris Johnson’s handling of the Covid-19 pandemic while the Prime Minister delayed implementing a second lockdown, according to Dominic Cummings. The former powerful Number 10 aide told people on his subscription Substack page that the chancellor was not the lockdown-sceptic he was made out to be and that “Sunak’s [...]
Sanjeev Gupta’s Jaguar Land Rover supplier in talks with lenders June 21, 2021 A branch of Sanjeev Gupta’s metals empire that supplies Jaguar Land Rover is in talks with its lender to avoid collapse. Liberty Aluminium Technologies (LAT) is currently engaged in negotiations with its lender Close Brothers, in an effort to avert being placed into administration, Sky News first reported. The embattled firm employs 250 people across [...]