IoD Chief Economist Kitty Ussher on how the UK can balance the books January 11, 2022 This article first appeared in ICAS’ CA magazine. We emerge from the pandemic with cautious optimism – and a huge fiscal hangover. How do we balance the books and what role can CAs play in supporting the economy’s nascent recovery? IoD Chief Economist Kitty Ussher shares her thoughts Kitty Ussher is sitting in a meeting room at the [...]
Katten hikes London associate pay as competition for City law firms soar January 10, 2022 Law firm Katten Muchin Rosenman has raised its pay for London associates by some £10,000 for each experience level today, as the competition for applicants soars in London. The new salary pay-grades, which also accompany potentially lofty bonus’, will see junior lawyers on a £108,000 annual salary. Associates with one year post-qualified experience (PQE) will have [...]
UK Government funds HGV skills bootcamps to tackle shortages January 10, 2022 The UK Government has invested £34.5m in ‘skills bootcamps’ to tackle the ongoing shortage of HGV drivers. The highest in the last eight years combined, the funding will help companies train around 11,000 new drivers, as the cost amounts to around £4,000 for each, the Financial Times reported. “This money is incredibly welcome,” Sally Gilson, [...]
Some light at the end of the crypto tunnel for Bitcoin? January 10, 2022 Bitcoin continues to hold above the psychologically-important $40k level this morning – a level it hasn’t fallen below since September 2021.
Growing Brexit headache for UK businesses as strict new import rules lay bare British traders lack the skills January 10, 2022 With Britain’s businesses having to declare imports of all EU goods as of 1 January, experts have told City A.M. UK firms lack the skills and expertise to handle the increase in declarations. Their warning is underpinned by the Institute of Export & International Trade, saying it reported a 379% increase in enquiries to its technical helpline last [...]
Three in four small business owners worried about rising inflation this year January 10, 2022 71 per cent of UK small business owners are concerned about rising inflation, according to new analysis from Iwoca.
Virgin Media O2 refuses to bring back EU roaming charges post-Brexit unlike Vodafone and EE January 10, 2022 Virgin Media O2 has stated it will not to bring back EU roaming fees post Brexit, helping customers save hundreds of pounds in bills while using data abroad. “With Covid still scuppering plans and disrupting day-to-day routines for so many, we’re starting the year by giving our customers some certainty: we will not be reintroducing [...]
British firms brace to unleash wave of investment in 2022 January 10, 2022 British businesses are preparing to unleash a wave of investment over the next year, reveals a fresh study published today. A record proportion of finance chiefs at the UK’s top firms are intending on ramping up capital spending in the next 12 months, according to research carried out by consultancy Deloitte. Over one in three [...]
Trevelyan to travel to India to discuss post-Brexit trade deal January 9, 2022 International trade secretary Anne-Marie Trevelyan will travel to India on Wednesday in a bid to boost the prospects of a post-Brexit trade deal. Trevelyan will meet with Indian minister of commerce and industry Piyush Goyal as a part of her two-day New Delhi trip to speak about green trade, the removal of market access barriers [...]
David Frost tells PM to adopt more conservative policies or risk losing election January 9, 2022 Boris Johnson must adopt a low-tax agenda or risk losing the next election, according to former cabinet minister Lord David Frost. Frost, who resigned from his role as a Cabinet Office minister last month, said that Johnson needs to “get the country going economically again” post-Brexit and “that means free markets, free debate and low [...]