Tax hikes on the cards as Rachel Reeves tries to save her fiscal rules January 13, 2025 “Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming back with more borrowing or more taxes.” The Chancellor’s comments were designed to strike a reassuring tone to the private sector and settle [...]
UK CFOs set to cut hiring and slash investment following Budget January 13, 2025 Finance chiefs at UK businesses are focused on cutting costs in the wake of the Budget, with investment and hiring set to suffer as a result. Over half (52 per cent) of CFOs surveyed by Deloitte said cost reduction was a strong priority for their business in the wake of the Chancellor’s tax raid. The [...]
Brent Hoberman: Fear of ‘media onslaught’ puts business people off joining government January 11, 2025 Serial entrepreneur Brent Hoberman and the investment minister Poppy Gustaffson have warned that business people are put off taking on government positions due to fear of a “media onslaught”. Writing on LinkedIn, Hoberman, the founder of Lastminute.com and failed furniture retailer Made.com, criticised coverage of business people entering government and claimed the media constantly “insinuates [...]
How to get workers back to the office in 2025? Let them open the windows! January 10, 2025 Five years on from the pandemic, it's time to bin the office gimmicks and get back to basics, writes real estate expert Philipp Ueberschaer.
Babygirl review: Nicole Kidman wows again in sexy drama January 9, 2025 Movies about sex can often be lost in sensational headlines, any message overshadowed by the intrigue of a famous person being naughty on-screen. Babygirl, nominated for Best Picture – Drama at last weekend’s Golden Globes, will be hoping Oscar voters see the story behind the shagging. Nicole Kidman stars as Romy Mathis, a powerful chief [...]
‘The corporate world just isn’t me’: Flight Club boss Steve Moore on building a hospitality empire January 9, 2025 Each week we dig into the memory bank of the City’s great and good. Today, it's the entrepreneur behind Flight Club, Red Engine CEO Steve Moore.
UK Athletics faces £20m blow after manslaughter charge January 8, 2025 UK Athletics is staring down the barrel of a huge £20m fine after the cash-strapped track and field governing body was charged with corporate manslaughter. The Crown Prosecution Service charged UK Athletics over the death of Abdullah Hayayei, a Paralympian from the United Arab Emirates, after a metal throwing cage fell on him while training [...]
Google Cloud flies in Microsoft and Accenture veteran for UK and Africa expansion January 8, 2025 Google Cloud has appointed a former Microsoft corporate vice president and 25-year Accenture veteran as vice president for the United Kingdom, Ireland (UKI) and Sub-Saharan Africa, as the tech giant looks to bolster its presence. The tech behemoth shared the news on Tuesday, with Maureen Costello taking charge of sales strategy and operations across the [...]
Budget will force majority of firms to hike prices, survey suggests January 8, 2025 A majority of businesses will lift prices in the next six months due to the government's national insurance hike, a new survey suggests.
‘Untrue and defamatory’: Ian Rosenblatt hits back after troubled listed legal firm RBG ousted him January 8, 2025 Listed legal business RBG Holding, which has seen its shares drop to record low levels, has ousted the founder weeks after he called for the removal of the CEO