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  • Disposable vapes to be banned as government cracks down on e-cigarettes

    January 29, 2024

    Disposable vapes are set to be banned in the UK amid a wider government crackdown on e-cigarettes.

  • Back in the game: Venture Capital Trust to raise after Chancellor’s stay of execution

    January 25, 2024

    A venture capital trust (VCT) is set to launch a £50m fundraise on the London Stock Exchange next month in one of the first major moves since Jeremy Hunt delayed a phase-out

  • Aviva, L&G and top Tory MP piles pressure on Chancellor to open up share schemes

    January 24, 2024

    Sir Graham Brady and some of Britain’s biggest firms, including Aviva and BAE Systems, are piling pressure on the chancellor to overhaul so-called share incentive plans and unlock a “new wave of employee share ownership”, City A.M. can reveal.

  • Our credit scoring system is out of date and Generation Rent is paying the price

    January 23, 2024

    Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.

  • Heather Mills hits back after striking rescue deal for collapsed vegan food firm VBites

    January 22, 2024

    Heather Mills's vegan food business owed more than £10m when it collapsed into administration at the end of 2023, new documents have revealed.

  • No dipping out on tax as Walkers’ Sensations Poppadoms deemed ‘crisps’

    January 19, 2024

    Walkers’ Sensations Poppadoms ‘are similar to potato crisps’ and therefore are not eligible for the zero-rated VAT, rules Tax Tribunal. Walkers Snack Foods, the subsidiary of US food giant PepsiCo, appealed a decision by the HM Revenue and Customs (HMRC) that certain products sold by the Walkers are taxable at the standard rate. Walkers contend [...]

  • Current VAT threshold poses threat to small business growth, FSB warns

    January 16, 2024

    The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".

  • How one manufacturer collapsed into administration owing over £100m before being rescued

    January 16, 2024

    The story of how a group that manufactured buses and police cars collapsed into administration owing more than £100m and led to over 150 people to lose their jobs has been revealed for the first time.

  • Post Office could face £100m bill and insolvency, tax expert says

    January 13, 2024

    The Post Office could be facing a £100 million bill and insolvency after claiming tax relief for its compensation payments to subpostmasters, according to a tax expert.

  • Fujitsu sees £786m wiped off value amid Post Office scandal

    January 11, 2024

    Fujitsu has had more than a billion dollars wiped off its value within just eight days, according to data platform Alt Index.

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