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 [...]
Brexit: EU ambassador hits out at Truss for ‘unhelpful’ comments on NI Protocol January 9, 2022 A war of words between the UK and EU over the post-Brexit Northern Ireland Protocol has reignited just days before negotiations are set to resume. The EU’s ambassador to the UK Joao Vale de Almeida today said renewed threats by foreign secretary Liz Truss to trigger Article 16 and suspend the protocol were “unsurprising” and [...]
UK businesses pay more than EU firms for emission trading post Brexit January 9, 2022 UK businesses are paying 10 per cent more than their EU counterparts to trade their emissions following Brexit. As a result of the government’s refusal to link the UK carbon market to the EU’s, British firms pay more than £75 per tonne of CO2, while EU businesses pay up to €85 (£71), the Guardian reported. [...]
Sainsbury’s reveals 5.3 per cent pay hike for shop staff in £100m investment January 7, 2022 Sainsbury’s has announced it will be investing £100m into pay increases for staff, with a basic hourly pay of at least £10. Basic hourly pay for Sainsbury’s and Argos store workers will rise to £11.05 for inner London and £10.50 in outer London, the supermarket revealed on Friday. The company said it was also increasing [...]
If the first few days of 2022 are anything to go by, Bitcoin’s in for an interesting year January 7, 2022 Jason Deane says we can be sure that we’re in for a fascinating twelve months in cryptocurrency.
Freezing personal allowance and higher rate tax rates will push 1.2m Brits over 40 per cent tax threshold January 7, 2022 New research shared with City A.M. this morning shows that over one million more people will pay a higher tax rate by 2026. The analysis by the House of Commons Library – first published in The Daily Telegraph – says around 1.2m additional workers will find their earnings going over the 40 per cent tax [...]