Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
Fujitsu received £3.4bn from Treasury-linked deals February 11, 2024 Fujitsu is set to have received more than £3.4bn through contracts running with Treasury-linked organisations since 2019 despite its role in the Post Office scandal, MPs have found. Around £1.4bn worth of deals have been awarded since the High Court ruled that there had been numerous bugs and errors in its Horizon software. More than [...]
Rishi Sunak earned £2.2m and paid £508,000 in tax, documents show February 10, 2024 Rishi Sunak has published his tax documents, showing that he paid more than £500,000 in UK tax last year, as his total income rose to £2.2m.
Fujitsu staff working in HMRC IT jobs settle pay dispute February 10, 2024 Staff working for HMRC in IT jobs have settled a pay dispute after going on strike, winning wage rises of up to 15 per cent, their union announced.
NHS pharmacy chain owed £40m before it was bought out of administration February 8, 2024 An estimated £40m was owed by NHS pharmacy chain Medipharmacy before it collapsed into administration and was rescued, it has been revealed.
HSBC heads for blockbuster trial today over Disney film tax scheme February 5, 2024 HSBC will defend itself from a £240m legal action by more than 500 investors over a Disney film tax scheme that resulted in large tax bills.
BGC Partners settles fraud lawsuit against former London partner January 30, 2024 US broker BGC Partners has settled a fraud claim it brought against a former long-serving London partner a week before the trial was due to take place.
Disposable vapes to be banned as government cracks down on e-cigarettes January 29, 2024 Disposable vapes are set to be banned in the UK amid a wider government crackdown on e-cigarettes.
Back in the game: Venture Capital Trust to raise after Chancellor’s stay of execution January 25, 2024 A venture capital trust (VCT) is set to launch a £50m fundraise on the London Stock Exchange next month in one of the first major moves since Jeremy Hunt delayed a phase-out
Aviva, L&G and top Tory MP piles pressure on Chancellor to open up share schemes January 24, 2024 Sir Graham Brady and some of Britain’s biggest firms, including Aviva and BAE Systems, are piling pressure on the chancellor to overhaul so-called share incentive plans and unlock a “new wave of employee share ownership”, City A.M. can reveal.