Financing the Future – Saudi Arabia looks to grow its capital market November 12, 2024 Ahead of FII8’s conference in Riyadh, Sir Martyn Lewis interviewed Nayef Al-Athel, Group Chief Sales and Marketing Officer, of Saudi Tadawul Group, the parent company of Saudi Arabia’s stock exchange, for Inside Saudi. Al-Athel talked about the great strides being made in the Kingdom to help facilitate capital flows into Saudi’s growing capital market. Sir [...]
‘Disaster Budget will kill UK farming’, warns chicken king Boparan November 12, 2024 Entrepreneur Ranjit Singh Boparan, whose empire ranges from Bernard Matthews to Carluccio’s, has warned the autumn Budget is a “disaster for business” and will “deliver a final fatal blow to the thousands of small family-owned farms”. Boparan added that the “inheritance tax raid” on farms announced in the Budget on 30 October “risks supply being [...]
Employer National Insurance hike a ‘significant burden’ and will impact working people, warns Thwaites November 12, 2024 The hike in employer National Insurance contribution (NICs), which was revealed by Chancellor Rachel Reeves in her Budget, will place a “significant burden” on historic brewer, pub and hotel owner, Daniel Thwaites, the company has said. The Lancashire-headquartered group added that the increase, together with the rise in the National Living Wage, “make it less [...]
Business Budget backlash builds as hospitality giants write to Chancellor November 11, 2024 The government is under increasing pressure to revisit its hikes to employer national insurance contributions and the minimum wage after a number of the UK’s largest employers voiced concerns about the impact of the changes on their costs and operations. Over 200 of the UK’s biggest hospitality businesses signed a letter to the Chancellor yesterday [...]
Debts revealed at Michelin-starred restaurant backed by Gary Neville November 7, 2024 The company behind a Michelin-starred restaurant backed by Gary Neville that closed last year owed almost £1m as it entered liquidation, it has been revealed. The restaurant, called The Man Behind The Curtain, was located in Leeds and run by chef Michael O’Hare. It was awarded a Michelin star in October 2015, three AA Rosettes in 2016, and attracted investment [...]
Square Mile and Me: Together’s Ryan Etchells on going from intern to CCO November 7, 2024 Each week we dig into the memory bank of the City’s great and good. Today, it's Together CCO Ryan Etchells, with a northerner's perspective on the Square Mile.
Center Parcs reveals plans open new £400m UK holiday village November 5, 2024 Center Parcs has revealed plans to open its first holiday village in Scotland in an investment worth up to £400m which would create around 1,200 jobs. The group has earmarked a site in the Scottish Borders, approximately three miles north of Hawick and 55 miles south of Edinburgh. Center Parcs said the plans are at [...]
The Grace La Margna hotel: St Moritz goes casual November 4, 2024 THE HOTEL Checking into the Grace La Margna in St Moritz, you’ll want to kick off your shoes and curl up in front of the living room fire. This is hardly the typical vibe in St Moritz, Switzerland’s most bougie ski town, but this hotel does things differently. About to embark on its second winter [...]
This amazing London restaurant is celebrating 60 years of history November 2, 2024 We review Grumbles, a London restaurant that’s more like an institution The capital is overrun with restaurants that look the same. They have emerald green and pink coloured furniture and there is probably a palm tree in the corner. Horrifically, some of these plants are plastic. Stats show that half of these restaurants close within [...]
Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments November 1, 2024 Given the straitened public finances it is understandable to leave no stone unturned when looking to balance the books, and we welcome the much-needed investment in the public services. But business owners, the ones creating jobs, are paying this bill. The likely outcome; job losses. Business owners are the lifeblood of the economy, driving growth [...]