Mike Cherry interview: Now is not the time to saddle small businesses with higher taxes January 27, 2022 The pandemic has been a bumpy ride for Britain’s entrepreneurs and small businesses. Trying to navigate the choppy waters of the government swinging between tougher and looser restrictions to tame Covid-19 has been fraught with risk and uncertainty. But, one thing seems for sure: the looming heavier tax burden will weigh heavily on small firms, [...]
Fuller’s hopeful the return of City workers will help pub sales hit pre-Covid levels January 27, 2022 Pub operator Fuller’s said it hopes its City pubs will see a boost to trade thanks to workers’ “strong desire” to get back to the office. In a trading update for the 43 weeks to 22 January 2022, the pub operator said it had been impacted by Omicron measures last month. As corporate Christmas parties [...]
Average nightclub business in £230k worth of debt as sector calls for support January 26, 2022 The average nightclub business is burdened by debt topping £230k thanks to the pandemic, with sector bosses calling for more support. Clubs are no longer required to ask revellers to show their NHS Covid Pass on entry, however the sector has said a full Covid recovery was far away. The Night Time Industries Association (NTIA) [...]
Contactless payments surge as cash continues to spiral January 26, 2022 Contactless payments surged over 40 per cent last year as entertainment and hospitality rebounded and cash usage continued its decline, new data has revealed.
UK tech tycoon Mike Lynch fails bid to delay US extradition ruling January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has failed to delay a decision by the Home Office this morning. US authorities accused Lynch of being involved in a multibillion-dollar fraud over the sale of his software company, Autonomy, to Hewlett-Packard in 2011 for £8.5bn, which [...]
Octopus Energy doubts industry can rescue households from soaring energy bills January 26, 2022 Octopus Energy has questioned whether households can be spared from a painful spike in energy bills this spring.
Judge says No: Mike Lynch loses High Court battle to delay extradition to US January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has lost the latest stage of a legal battle. Lynch wants Home Secretary Priti Patel to be given more time to make an extradition decision. He mounted a High Court challenge after a judge who oversaw an extradition [...]
Investment bank warns gas prices could quadruple if Russia invades Ukraine January 26, 2022 Analysts have warned that UK gas prices could increase four-fold to over £10 per therm if flows from Russia are cut off over the coming months.
City barbers snip opening hours in absence of office workers January 25, 2022 Barbers in the City of London say their businesses will never be the same after the uptake of working from home. Businesses have suffered with the absence of City workers getting lunch break trims and after-work blow drys, all while having to pay London rent. Even with Omicron measures to ease this week, barbers said [...]
Met chief Cressida Dick confirms police will investigate Downing Street parties January 25, 2022 The Metropolitan Police is to investigate allegations of lockdown rule-breaking parties at Downing Street. Scotland Yard’s commissioner Dame Cressida Dick told members of the London Assembly that police will probe claims of parties held at Number 10. It comes after the police force has previously stated it would not investigate retrospective reports of breaches. Police [...]