An online sales tax would be a small hassle for Amazon, but a hard blow for our shops June 21, 2022 The Treasury is considering whether to introduce an online sales tax (OST) as a “means to rebalance the taxation of the retail sector between online and in-store retail”. A decision is expected in autumn – probably as part of the Chancellor’s Budget. If the government has any sense, it will run a mile from taking [...]
Retail chiefs to meet with Treasury amid fears of fading interest in online sales tax June 20, 2022 Top retail bosses will meet with a Treasury minister later this week with the hopes of reigniting government interest in launching an online sales tax and reforming the current rates system. According to a report by Sky News, executives from retail powerhouses including Amazon, Asda, ASOS, Currys and JustEat Takeaway, are to meet with the [...]
A twin-city break in charming Andalucia is now easier than ever June 20, 2022 “There should be more therapy involving fish,” says Carmen, my guide at the Riofrío caviar farm in the sleepy village of the same name, halfway between Granada and Malaga. Carmen’s crouching down and gazing into one of a dozen ten-metre-long pools of water. Behind her the backdrop of the angular Loja Mountains is framed by [...]
Boris Johnson’s new cost of living tsar called for him to quit just months ago June 14, 2022 Boris Johnson’s new cost of living tsar called for the Prime Minister to resign just months ago and has a long record of excoriating tweets directed at the government. David Buttress, co-founder of food delivery app Just Eat UK, said in January that Johnson “just has to” quit, while in April he said that voting [...]
What it’s actually like in Qatar ahead of the World Cup 2022 June 14, 2022 Before I touched down in Qatar, I assumed it was a nation of falconry, beauty pageants for camels, and endless amounts of money. Save for a sprinkling of snazzy, FIFA-approved stadiums, little suggests Qatar plays football. When I arrive I see no goal posts in parks, locals playing, or even “No Ball Games” signs like [...]
We won’t be able to create social impact until we learn how to measure its success June 13, 2022 Today, it is more common than before for younger people to think about the ethics of a business before they pull out their contactless cards. So the pressure is on for firms to show their positive impact on society – to attract customers and talent. Morgan Stanley reported recently that millennials are twice as likely [...]
Government lambasted for ‘half-baked’ food strategy June 11, 2022 The UK Government was lambasted for delivering a “half-baked” food strategy for England, with critics especially concerned about the apparent lack of a tax on sugar and salt. The plan was initially announced by cabinet minister Michael Gove in 2019 to make sure food was “safe, healthy and affordable,” for all. Gove appointed the co-founder [...]
Almost 60 per cent of the country is in debt with amount owed rising to almost £4,000 in year ahead June 9, 2022 Almost sixty per cent of the nation is currently in debt and the average amount owed is set to rise by 11 per cent to £3,834 in the year ahead. The deepening cost of living crisis is eating away at people’s savings, while average Brits are set to lose almost £1,500 in disposable income a [...]
To seed a food secure future for our nation we need technology on our side June 8, 2022 An oven-ready roast chicken in your local supermarket will probably cost you more than it did last month. As will eggs, pasta and bread. And they’re likely to cost you even more next month, as world food prices hit an all-time high. The crisis in Ukraine has had a domino effect, but food prices have [...]
Welcome (back) to Ibiza, as the Balearic prepares for its biggest summer yet June 7, 2022 The pandemic hit every tourism-focused economy hard, but few places felt the effects of Covid more starkly than Ibiza, an island that specialises in squeezing lots of hot and sweaty people into enclosed spaces. Two years of closures and uncertainty took their toll – almost half of the island’s GDP comes from tourism and visitor [...]