Rishi Sunak: Because of govt’s pandemic response we are seeing proper bounce-back October 28, 2021 Chancellor Rishi Sunak said this morning the action the Government took to support the economy during the coronavirus pandemic meant the UK was seeing better than expected growth in the bounce-back. The Chancellor told Sky News: “I think it is important to remember why we are in this position. “A year ago we outlined our [...]
Rishi Sunak: I won’t apologise for cutting alcohol duty on champagne in prosecco in Budget October 28, 2021 Rishi Sunak said this morning he will not apologise for cutting alcohol duty on Champagne, prosecco and other sparkling wine in the Budget. Speaking to Sky News, Rishi Sunak said: “I’m not going to make any apologies for that. We have an irrational system at the moment of how we tax alcohol. “The new system [...]
Budget: Rishi Sunak refuses to commit to tax cuts before next general election October 28, 2021 Chancellor Rishi Sunak this morning refused to commit to cutting taxes before the next general election. Asked on Sky News whether he would slash taxes before the next Westminster polling day, which is expected to be held by 2024, Mr Sunak said: “We started cutting taxes yesterday, our priority being those on the lowest incomes. [...]
John Lewis in hot water as “misleading” ad is pulled October 27, 2021 John Lewis was forced to apologise after it aired an ad that was considered potentially misleading by the financial watchdog. “This advert has been withdrawn because the Financial Conduct Authority (FCA) considers the content to be potentially misleading and could cause customers to be confused about John Lewis’s new home contents insurance offering,” the department [...]
Former Cadbury chief to head Wagamama’s owner Restaurant Group October 27, 2021 Cadbury’s former chief financial officer Ken Hanna is reportedly set to become the next chairman of Restaurant Group, which owns several chains including Wagamama, Frankie & Benny’s and Chiquito. A stock market announcement is expected to be made on Thursday, Sky News reported, a day after hospitality companies learnt they will be given a 50 [...]
Autumn Budget LIVE: Chancellor to usher in ‘age of optimism’ October 27, 2021 Expectations are sky high after Chancellor of the Exchequer, Rishi Sunak, promised to usher in an ‘age of optimism’ with the Autumn budget. While the official announcement is not expected until 12:30 this afternoon the Chancellor has already briefed press on where key portions of the money are going to be allocated. In fact, Sunak [...]
Cloud services push Microsoft results sky high October 26, 2021 Microsoft beat expectations in its fiscal first quarter results published last night, with revenue up 22 per cent. First quarter revenue at Microsoft reached $45.3bn (£32.9bn), a figure that surpassed the $43.9bn sum pencilled in by analysts. The tech giant’s winning results were largely attributed to the success of its cloud-based services, with revenue in [...]
Bowing out: The Queen will no longer attend Cop26 October 26, 2021 Buckingham Palace has announced that the Queen will no longer be attending Cop26, as she follows doctor’s advice to rest. Queen Elizabeth was due to be in Glasgow for the climate conference on Monday to host an evening reception for world leaders, however will “regretfully” no longer be able to attend. A statement issued by [...]
More than 5m receive Covid-19 booster jab in six weeks as rollout picks up the pace October 26, 2021 More than half of over-50s have received their Covid-19 booster jab, as the once sluggish rollout picks up the pace, NHS England has confirmed. The booster rollout, which targets those who were prioritised last year in the UK’s immunisation programme, has seen over 4.5m over-50s receive a third dose in less than six weeks. The [...]
The power of inspirational leadership October 26, 2021 The CA Summit sponsored by Markel Tax returned for an event split across three days starting on 5 October, which brought together the brightest minds from the worlds of finance, academia, and the technology industry to deliver a series of challenging, thought-provoking and truly motivational seminars to inspire ICAS Members around the globe. Power to the people [...]