How Hastens luxury beds are helping beat ‘Covidsomnia’ September 8, 2021 Before the onset of the pandemic, insomnia was something I’d only experienced vicariously, through the red-eyed stares of characters on screen, or the defeated anecdotes of colleagues with young children. I’ve always been a big sleeper, never really growing out of that teenage phase of lying in bed late at weekends and occasionally enjoying an [...]
Dame Cressida Dick to stay on as Met police chief – report September 8, 2021 Embattled Met Police Commissioner Dame Cressida Dick is set to be offered a two-year extension to her tenure, according to a report this afternoon. The Evening Standard this afternoon reported Home Secretary Priti Patel is preparing the offer that will keep Dick in post until 2024. The Commissioner has been the subject of criticism in [...]
Tax hike: National Insurance increase likely to trigger redundancies once furlough ends September 8, 2021 With the furlough scheme being withdrawn at the end of this month, the increase in National Insurance will make the cost of keeping jobs more expensive for employers, tax experts and accountants told City A.M. today. Yesterday, Brits were told they will be hit with £12bn-a-year tax rises to pay for increases in NHS and [...]
Hybrid working: Out of office… forever? September 8, 2021 During lockdowns, many started working from home for the first time. Now, 91% don’t want to go back to the office full-time. With hybrid models of work being adopted by many, Christian Koch talks to leading CAs about the chances of a new workplace revolution… This article first appeared in ICAS’ CA magazine. What does [...]
Protests and glitches on El Salvador’s first day of Bitcoin as legal tender September 8, 2021 Angry protests and confusion amongst citizens, technological glitches and a drop in market value plagued El Salvador yesterday, as the country made history by becoming the first in the world to adopt Bitcoin as a legal tender. As the change took hold, Bitcoin crashed to its lowest price in almost a month, plummeting from $52,000 [...]
Brits born into wealthy families twice as likely to become high earners September 8, 2021 Brits born into wealthy families are at least twice as likely to take home high pay packets compared to people born into poorer families, according to fresh figures released today. Research conducted by the think tank, Institute for Fiscal Studies, shows one in five Brits with parents in the wealthiest fifth of the population earn [...]
SMEs with young business owners saw stronger pandemic performance September 7, 2021 New data has revealed that the age of business owners had a “major impact” on the performance of companies during the pandemic. Companies with younger leaders at the helm reported lower reductions in turnover according to a report on small and medium sized businesses published by AXA. In 2020 companies run by decision makers who [...]
PM hikes National Insurance and dividends tax by 1.25 per cent to pay for NHS and social care reform September 7, 2021 Britons will be hit with £12bn-a-year tax rises to pay for increases in NHS and social care spending, with National Insurance and dividends tax in Boris Johnson’s crosshairs. A new Health and Social Care Levy will effectively hike National Insurance Contributions for employees and employers by 1.25 per cent from April 2022, while taxes on [...]
Hong Kong Racing Tips: Chau can shine once again aboard Star September 7, 2021 TRAINER Francis Lui looks to have found an ideal opportunity for highly-progressive four-year-old SUNNY STAR to defy top-weight, in the feature race of the day, the Community Chest Cup Handicap (2.50pm) over the extended mile. The eye-catching booking of excellent 5lb claimer Jerry Chau tilts the weights in favour of this dual course and distance winner, who improved 20lbs in [...]
Exclusive: National Insurance hiked by 135 per cent in 20 years, much faster than any other tax September 7, 2021 The government announced a new Health and Social Care Levy earlier today, which will effectively hike National Insurance Contributions for employees and employers by 1.25 per cent from April 2022. So how often are NICs used to pay for government investments and additional public spending? City A.M. studied the last twenty years. Tax receipts from [...]