Kantar snaps up digital consultancy Mavens of London March 11, 2020 Market research firm Kantar today said it has acquired digital consultancy Mavens of London as new owner Bain Capital continues to overhaul the business. Mavens, which was founded in 2009, provides research services for marketers, using data to help marketers optimise their digital search and content strategies. Kantar said the takeover would bolster its existing [...]
Budget 2020: Government announces £27.4bn roads revamp March 11, 2020 On the back of new chancellor Rishi Sunak’s announcement of £27.4bn in investment for the UK’s roads in today’s budget, the Department of Transport has published its strategy for revamping the UK’s motorways and “A” roads. The funding will go towards the both the enhancement and repair of existing roads as well as completing a [...]
Budget 2020: Government confirms £5bn broadband boost March 11, 2020 Chancellor Rishi Sunak today confirmed that the government will pump £5bn into its plan to roll out full-fibre broadband across the UK. The broadband pledge formed a major part of the Conservatives’ election manifesto as part of its promise to “level up” the UK. Prime Minister Boris Johnson last year laid out an ambitious pledge [...]
Budget 2020: Rishi Sunak gives economy £30bn boost amid coronavirus outbreak March 11, 2020 Chancellor Rishi Sunak has announced a £30bn stimulus package to support the UK economy through the coronavirus outbreak in the biggest spending spree in almost 30 years. Sunak – who was made chancellor last month – said it was one of the most comprehensive responses to the outbreak by any government. The plan earmarks £12bn [...]
Budget 2020: Chancellor introduces digital services tax March 11, 2020 Chancellor Rishi Sunak today confirmed the introduction of a digital services tax as the government looks to ensure tech giants pay their fair share of tax. The new tax, which will come into force from 1 April, will charge two per cent levy on sales for certain digital businesses. The move is set to raise [...]
Budget 2020: Retail and leisure sector reacts to ‘disappointing’ business rates reform March 11, 2020 Business rates have been the key issue for retailers in the run up to today’s budget, made even more crucial by the outbreak of coronavirus. Chancellor Rishi Sunak announced measures to support more small leisure, hospitality and retail businesses with a rateable value of less than £51,000. Business rates for those firms will be scrapped [...]
Budget 2020: Chancellor scraps VAT on digital publications March 11, 2020 Digital publications will no longer be liable to VAT charges under new measures outlined by chancellor Rishi Sunak today. In his inaugural Budget speech, Sunak said the so-called reading tax will be abolished from 1 December. This means that any digital publication, including books, newspapers, magazines and academic journals, will no longer be charged VAT. [...]
Number of UK coronavirus cases record biggest daily jump to 456 March 11, 2020 The number of UK coronavirus cases leapt by 83 today to a total of 456 Covid-19 infections, the Department of Health said today. Today’s rise marks a significant increase in the UK’s daily reported number of cases. Public Health England recorded 54 new cases yesterday morning, and 46 new cases on Monday morning. Doctors have [...]
Mayoral candidate Rory Stewart accused of ‘sensationalising’ coronavirus March 11, 2020 Mayoral candidate Rory Stewart has been accused of sensationalising the UK’s coronavirus outbreak. Conservative MP Steve Baker lashed out at Stewart, a former Tory cabinet secretary, on Twitter today for his calls to immediately shut all schools and limit public gatherings. The UK’s chief medical officer Chris Whitty has said these measures are not necessary. [...]
Budget 2020: Government to issue UK fintech sector review March 11, 2020 Chancellor Rishi Sunak has today announced the government will carry out a review of the UK’s burgeoning fintech sector, as part of its goal to champion Britain’s leading tech talent. The review will explore the support the government can provide to ensure “growth and competitiveness” in the sector. Fintech has been the UK’s top performing [...]
