E-scooter firm Tier to lay off 140 staff before Christmas in losing battle with profits November 29, 2023 Tier said it would be cutting around 22 per cent of its workforce, in a “number of countries”, making it a “difficult day at the end of a difficult year.
‘A cruel blow’: Loungers boss bemoans Hunt’s lack of business rates support for larger firms November 28, 2023 The boss of Loungers has criticised chancellor Jeremy Hunt’s decision to not extend business rates relief to larger firms, describing it as a “cruel blow”. Speaking to City A.M, the chief of the casual dining chain, Nick Collins, said: “It’s going to add to the inflationary pressure, at a time when hospitality really struggled with [...]
The Notebook: Will Kinnear on how high streets can move away from the drab November 28, 2023 Will Kinnear, director of flexible workspace firm HEWN, takes the Notebook pen to talk about how the high street can keep up with the 21st century.
City Hall’s deputy mayor for business steps down to run as a Labour MP November 27, 2023 London’s deputy mayor for business, Rajesh Agrawal, has quit City Hall to run as a Labour MP, it has been confirmed.
Misery for London retailers as they face £575m business rates bill November 27, 2023 Retail properties in London could be faced with an extra £575.55m in business rates next year as they are not eligible for support measures.
Santander boss says scrapping bonus cap is ‘good news’ for industry November 27, 2023 Santander boss Ana Botín has supported scrapping the bankers' bonus cap in Europe following the UK government's decision to do so in October.
Cyber Monday: UK economy to get boost from busiest ever shopping day November 27, 2023 Cyber Monday could create retail history in a welcome boost to the UK economy - and retailers' coffers
Businesses could ‘struggle to afford’ increase in living wage, experts warn November 27, 2023 Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.
HMRC digital transition set to cost £1.3bn – four times over budget – MPs warn November 25, 2023 Transitioning HMRC to a digital system is now expected to cost as much as £1.3bn - and has gone four times over budget, MPs have warned.
The Lord Mayor’s Appeal Impact Reception Welcomes Over 270 Guests to Mansion House November 24, 2023 This week The Lord Mayor’s Appeal hosted its annual Impact Reception, welcoming over 270 guests to Mansion House hosted by Alderman Alistair King, Lord Mayor Representative. Highlighting the work of The Appeal across 12 months, it allowed participants to tell their stories of how its ground-breaking initiatives and partnerships with three charities: National Numeracy, MQ [...]