Covid is an opportunity to scrap business rates altogether October 16, 2020 No business can rightly complain about paying a reasonable amount of tax on profits it earns. Taxes on turnover, such as VAT and stamp duty, are less justifiable, as they are a tax on transactions. In these straitened times such taxes should be cut. But by far the worst kind of tax is property tax, [...]
London Tory MPs call for extra support for businesses facing Tier 2 restrictions October 15, 2020 A growing number of London’s Conservative MPs are calling for the government to extend more financial support to businesses dealing with Tier 2 restrictions as Boris Johnson faces a growing backbench rebellion. The capital will be moved into the Tier 2 Covid category on Saturday, meaning social mixing between households will be banned indoors. The [...]
Boots sales drop 30 per cent as shoppers dodge high street October 15, 2020 British chemist Boots suffered a near 30 per cent drop in sales in the fourth quarter of the year as consumers stayed away from the high street despite the coronavirus pandemic easing slightly. Sales dropped 29.2 per cent compared to the same period a year earlier. However, the figures were an improvement on the previous [...]
London lockdown: Tier 2 restrictions the ‘death knell’ for hospitality sector October 15, 2020 The government’s announcement that London will be placed under a Tier 2 lockdown this week is the “death knell” for the capital’s struggling hospitality sector, industry bodies have warned. Care minister Helen Whately told London MPs this morning that the city will move from Tier 1 to Tier 2 on Friday night. The new restrictions [...]
London lockdown: Khan warns of ‘dark winter ahead’ as city moves to a Tier 2 ban on household mixing October 15, 2020 Mayor Sadiq Khan has sent a stark warning to London, telling people they face a "dark winter" as Tier 2 restrictions are placed on the capital.
Ocado’s depot plans halted by North London residents October 15, 2020 Ocado has lost the right to build a new delivery hub in north London after campaigners successfully lobbied the council to halt plans. Islington Council has withdrawn the site’s certificate of lawfulness to open the distribution centre next to Yerbury school, accusing Ocado’s landlords, Telereal, of providing “false and misleading evidence” and “withholding material information” [...]
Business groups warn London lockdown would ‘crumble’ capital as mayor calls for support October 15, 2020 A London lockdown would “crumble” businesses and turn the capital into a “ghost town”, leading business bodies have warned City A.M, as fresh restrictions are likely to be imposed on the city in the next few days.
The marine and coastal access act 2009 October 14, 2020 The Marine Works (Environmental impace assessment) Regulations 2007 (as amended) Application for: Thames side west – River wall works Notice is hereby given that Charles Calverley, Executive Director, Silvertown Homes Limited, 58 Old Compton Street, Soho, London, W1D 4UF, has applied to Marine Management Organisation, (“MMO”) for a marine licence to carry out a regulated [...]
G4S profits swell due to tight cost control during coronavirus pandemic October 14, 2020 Security firm G4S said this morning that profit for the first nine months of the year was ahead of 2019 levels despite a dip in revenue as it clamped down on costs during the coronavirus pandemic. The group’s revenue fell two per cent, which was “more than offset by tight direct and indirect cost control [...]
Amazon Prime Day piles pressure on retailers ahead of Christmas trading period October 13, 2020 Amazon Prime Day has launched today, kicking off the crucial Christmas trading period and piling the pressure on retailers to keep up with online discounting. The Amazon sale, which will see the e-commerce giant slash prices on 13 and 14 October, was postponed from July, bringing it closer to the Black Friday discounting bonanza and [...]