Manufacturing deals rocket as businesses lock in wages amid inflation January 17, 2022 Pay settlements of up to 14 per cent have been agreed with manufacturers, as business and investors gear up for fresh inflation figures, with prices rising at more than double the Bank of England’s target rate.
Second homeowners who flipped holiday home set to pocket £191m despite upcoming crackdown January 17, 2022 About £191m of new pandemic grants from the Government is coming to second homeowners’ pockets, for those who flipped their holiday homes into letting businesses. The revelations come despite a new crackdown, announced at the end of last week. Councils across England have started distributing £635m in grants to businesses affected by the Government’s Plan [...]
Big Yellow Group plots return to normal with 30 per cent revenue boost as pandemic conditions ease January 17, 2022 Self-storage specialists Big Yellow Group have reported a 30 per cent revenue boost in its third quarter update.
On The Apprentice: the UK must stop treating its entrepreneurs like clowns January 17, 2022 It’s sometimes a shock to recall that The Apprentice has been on our screens for more than 15 years. For a decade and a half, Lord Sugar – originally plain old “Suralan”- has been summoning shiny-suited hopefuls to his wobbly prefab boardroom, pointing at them and making leaden witticisms. The show has been a ratings [...]
Crackdown launched on second home owners who pretend to let properties out to holidaymakers to save tax January 15, 2022 The government is proposing strict new measures to crack down on second home owners who pretend to let their properties out to holidaymakers to save on taxes as they will be forced to pay more under the proposals. The Department for Levelling Up, Housing and Communities (DLUHC) is moving to close a loophole in the [...]
Letters: Time to learn you E-S-Gs January 14, 2022 [Re: Terry Smith has a point – and the rest of the City should listen too, yesterday] Andy Silvester wrote how Terry Smith, one of Unilever’s top shareholders, “has a point” when saying the company has “lost the plot” with its focus on sustainability. Mr Smith told Fundsmith investors this week that Unilever has become [...]
Shares in private equity giant TPG surge after flotation January 14, 2022 Shares in US Private equity giant TPG surged on its first day of trading.
Experian hits 11 per cent revenue growth as B2B offering swells January 14, 2022 Experian exceeded expectations this morning , with total revenue growth 14 per cent at actual exchange rates and organic revenue growth of 11 per cent.
Energy price crisis: What can the government do to protect the poorest households? January 13, 2022 City A.M. looks over some of Downing Street’s potential options to reduce the cost of energy bills for the UK's poorest households.
US businesses’ costs swell at record pace as inflationary pressures build across the pond January 13, 2022 US businesses’ costs are swelling at a record pace, adding fuel to the inflationary fire burning across the pond, reveal official figures released today. Prices for materials used by American firms are 9.7 per cent higher than were a year ago, the highest calendar year increase since the US Bureau of Labor Statistics started tracking [...]