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.
Our credit scoring system is out of date and Generation Rent is paying the price January 23, 2024 Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.
Heather Mills hits back after striking rescue deal for collapsed vegan food firm VBites January 22, 2024 Heather Mills's vegan food business owed more than £10m when it collapsed into administration at the end of 2023, new documents have revealed.
No dipping out on tax as Walkers’ Sensations Poppadoms deemed ‘crisps’ January 19, 2024 Walkers’ Sensations Poppadoms ‘are similar to potato crisps’ and therefore are not eligible for the zero-rated VAT, rules Tax Tribunal. Walkers Snack Foods, the subsidiary of US food giant PepsiCo, appealed a decision by the HM Revenue and Customs (HMRC) that certain products sold by the Walkers are taxable at the standard rate. Walkers contend [...]
Current VAT threshold poses threat to small business growth, FSB warns January 16, 2024 The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".
How one manufacturer collapsed into administration owing over £100m before being rescued January 16, 2024 The story of how a group that manufactured buses and police cars collapsed into administration owing more than £100m and led to over 150 people to lose their jobs has been revealed for the first time.
Post Office could face £100m bill and insolvency, tax expert says January 13, 2024 The Post Office could be facing a £100 million bill and insolvency after claiming tax relief for its compensation payments to subpostmasters, according to a tax expert.
Fujitsu sees £786m wiped off value amid Post Office scandal January 11, 2024 Fujitsu has had more than a billion dollars wiped off its value within just eight days, according to data platform Alt Index.
Fujitsu staff at HMRC to strike next week in shadow of Post Office Horizon scandal January 11, 2024 Fujitsu staff contracted to HMRC are set to strike next week, amid building pressure on the IT firm which supplied the faulty Horizon software at the heart of the Post Office scandal.