Brewdog boss calls for emergency tax relief as pubs stare down ‘existential threat’ of high bills September 5, 2022 Brewdog CEO James Watt has called for emergency tax relief for the hospitality industry as pubs battle the “genuinely existential threat” of rising energy bills. Last week, the Scottish brewer and bar group announced it would be closing six outlets across the UK, including three in London, due to elevated headwinds. The situation facing pubs [...]
UK parliament resumes with overflowing in-tray for the government September 4, 2022 Parliament will return tomorrow from a six-week summer recess with the government facing a series of crises and a busy legislative agenda. Liz Truss or Rishi Sunak will be sworn in as Prime Minister on Tuesday, after tomorrow’s Tory leadership announcement, with the eventual winner expected to bring forward a cost of living support package [...]
Tui pilots launch lawsuit over sick pay and changes to benefits September 4, 2022 Tui pilots on sick leave have launched a lawsuit against the travel giant over changes to sick pay and pension benefits. Eight employees took the airliner to the London High Court, claiming the carrier “concealed the true nature of the changes” included in a new sick pay plan, which was approved by staff in August [...]
Truss promises immediate help with energy bills September 4, 2022 Liz Truss has promised to provide immediate help with soaring energy bills if she is made Prime Minister in the coming days. The leadership favourite, who is expected to be announced as Tory party leader and Prime Minister tomorrow, said today that “we face serious, serious challenges which will take immediate action from the government”. [...]
G7 confirms plans to cap Russian oil prices September 2, 2022 Plans to impose an energy price cap on Russian oil are expected to be firmed up by G7 finance ministers when they meet later today.
Manufacturers urge government to table support package in face of ‘stormy waters’ September 1, 2022 The government has been urged to table a support package for the British manufacturers. Industry body Make UK has warned that rising gas and oil prices and overall inflation will “shatter” expectations of a sustaining a pandemic recovery. “We are clearly heading for very stormy waters in the face of eyewatering increases in energy costs [...]
Rishi Sunak’s demise was sealed long before he ever threw his hat in the ring September 1, 2022 It is a spectacular fall from grace, and one that began long before this leadership election began.
Accounting sector veteran Pauline Wallace named UKEB’s first permanent chair August 31, 2022 Accountancy sector veteran Pauline Wallace has been named as the first permanent chair of the UK Endorsement Board (UKEB). The former PwC partner will start her three-year term as head of the body set up to ensure the UK complies with international accounting standards on 11 September 2022. Following Brexit, the UKEB was set up [...]
City impact investment chief Jim Roth on greenwashing: ‘If you can’t measure it, you cannot manage it’ August 31, 2022 So-called “green” investment claims, and the substance behind them, are dominating the agenda of many City firms and the wider UK business community. ESG disclosure regimes aim to counter “greenwashing” by requiring financial firms who have marketed their investment products as “green” to disclose data relevant to their investments’ sustainability. However, the relatively new City [...]
Protect your business against unforeseen circumstances August 31, 2022 When it comes to the risks UK businesses face today, 75% have some form of debt, while six out of 10 admit they’d stop trading within 12 months of losing a key person. Speaking to a protection specialist could help business owners put their mind at ease. Umbrella Protect offers whole market, independent advice on [...]