Thomson Reuters falls at hurdle in fight against HMRC tax bill November 15, 2024 After trying to fight a whopping £167m tax bill, a court has sided with the tax agency against Thomson Reuters
Has Rachel Reeves talked the UK economy into a downturn? November 15, 2024 The economy expanded just 0.1 per cent in the three months to September, below expectations and down from a 0.5 per cent expansion in the previous quarter.
Cinemas warn tax hikes may cause credits to roll November 15, 2024 The UK cinema industry has warned that higher taxes on employees’ wages announced in the Budget will be the final straw for some venues in what has become a core cultural industry. Chancellor Rachel Reeves increased the amount employers have to pay in NICs by 1.2 per cent, and lowered the wage threshold employers must start paying [...]
UK M&A set for ‘sustained increase’ after Budget and Trump victory November 14, 2024 British M&A activity is expected to ramp up going into 2025, City advisers have said, as dealmakers feel more certainty following the Budget and US presidential election.
Why London FA rebrand could help it find next Bukayo Saka or Chloe Kelly November 14, 2024 The city is one of the biggest producers of footballers in the world, with one study placing the number of active male professionals from the London area at more than 2,700.
Reshaping CSR – The Return of In-Person Volunteering November 14, 2024 By Andrew Troup, Director of Corporate Giving & Engagement Strategy at Blackbaud After years of remote interactions, employees are finally emerging from the haze of pandemic-era isolation and embracing in-person volunteering once again. While this shift clearly marks a return to “normal” – it also emphasises the need for companies to reassess how they engage [...]
Reeves eyes £80bn investment with pension ‘megafunds’ November 14, 2024 The Chancellor Rachel Reeves will unveil plans to consolidate the UK’s sprawling £400bn local authority pension schemes today in a bid to unlock a wave of investment into the UK. In her first Mansion House speech in the City, Reeves is expected to announce a new Pension Schemes Bill to be introduced next year, aiming [...]
Boohoo urges shareholders to reject Mike Ashley’s demands November 14, 2024 Boohoo has urged its shareholders to reject Mike Ashley’s demand to be placed in charge of the struggling fast fashion group, saying that that Ashley is “not suitable” and subject to conflicts of interest due to his role at Frasers. Boohoo and Frasers have been engaged in a public disagreement over how to take the [...]
Founders warn of hiring freeze ahead of national insurance hike November 14, 2024 A majority of founders are warning they will have to implement a hiring freeze ahead of the employers’ National Insurance Contributions (NICs) increase set to come into effect this spring. The warning signs follow Rachel Reeves’ announcement in the Budget last month of a 1.2 per cent increase to employers’ NICs, taking the total to [...]
Which? files £3bn claim against Apple over competition breaches November 14, 2024 Consumer rights group Which? has hit Apple with a £3bn lawsuit for alleged breaches of UK competition law in relation to its Icloud services.