ONS: Pandemic impact cuts through all major sectors February 12, 2021 The ONS published sector figures for services, trade, construction and production output this morning. Services The Index of Services grew by 1.7 per cent between November and December last year. The largest contribution to monthly growth was accommodation and food service activities, rising by more than 25 per cent. In December, the Index of Services [...]
UK supermarket chiefs call for online sales tax on firms like Amazon February 8, 2021 Some of the UK’s largest retailers, including Tesco and Asda, have called for Rishi Sunak to “rebalance the tax base” between online and bricks and mortar retail in an apparent push for a new digital sales levy on firms like Amazon. In a letter to Sunak, 18 chief executives and union bosses said “online retailers [...]
Labour calls for UK tax cut extensions before 3 March Budget February 7, 2021 Labour is calling for an extension to tax cuts for some of the UK sectors worst affected by the Covid pandemic. Shadow chancellor Anneliese Dodds today urged Rishi Sunak to extend the current VAT cut, from 20 per cent to five per cent, for retail and hospitality for another six months past March or or [...]
Pandemic profiteers face tax hike on Covid winnings February 7, 2021 Companies that have cashed in a result of the coronavirus pandemic, including the likes of Amazon, will face a double tax raid under plans being draw up by the government. The government has summoned companies to discuss how an online sales tax would work, while plans are also being drawn up for a one-off “excessive profits tax,” the [...]
Don’t let Covid spoil Valentine’s Day – bring the party home February 6, 2021 Usually the first busy night of the year for bars and restaurants, this Valentine’s Day promises to be a more subdued affair thanks to ongoing restrictions. But don’t let that spoil the romantic fun – here’s a list of some ways to bring the party to you on 14 February. Boisdale Valentine’s Night Dinner Kit [...]
Cutouts, twice-daily tests and no Budweiser adverts: How Super Bowl LV has had to adapt in a pandemic February 6, 2021 Some things about Super Bowl LV will be reassuringly familiar, like the star-spangled razzmatazz and Tom Brady. But Sunday’s game between last year’s winners the Kansas City Chiefs and Brady’s Tampa Bay Buccaneers will also be different to the 54 previous editions. The NFL has had to adapt its season finale for the Covid-19 era, [...]
Best of travel: Eating and drinking with the St Petersburg locals February 3, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Ashwin Bhandari’s trip to St Petersburg, the cultural heart of Russia. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• There are not many places that have left me [...]
KPMG partners take 11 per cent pay cut as Covid-19 eats into profits February 3, 2021 Partners at KPMG have had their pay cut by an average of 11 per cent, from some £640,000 to £572,000, as Covid-19 hit profits and revenue at the firm. KPMG’s chairman was paid £1.7m for the year, a decrease of 14 per cent on 2019. Partners across Big Four firms saw pay cuts in [...]
Best of travel: From Canada to Mexico to find Trump’s legacy February 1, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Ashwin Bhandari’s coast-to-coast trip across America to try to understand the Trump phenomenon. ••• The Seattle skyline, with the iconic Space Needle against the backdrop of Mt Rainier, may be familiar from TV [...]
Why yak hair is taking over our homes and wardrobes February 1, 2021 As we sit around our houses staring at the same four walls, we seem to have come to a collective conclusion: short-legged, long-haired ox and even-toed ungulates are in. One of the less predictable trends emerging in 2021 is our increasing propensity to dress ourselves and our interiors in the understated but highly functional elegance [...]