Aviation chiefs call for ‘new normal’ now with testing ditched for fully-jabbed fliers January 24, 2022 AIRLINE bosses have called on the government to rule out the introduction of border closures even if a new Covid-19 variant emerges. The government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With the UK believed to be past the peak of the [...]
Airline bosses call on government to rule out more border closures January 24, 2022 Airline bosses have called on government to rule out the introduction of border closures even if a new Covid-19 variant emerges, as the UK begins to put the pandemic behind it. Government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With signs of [...]
Belfast is Kenneth Branagh at his sentimental best January 21, 2022 While many might associate him with his acting roles, Sir Kenneth Branagh has been prolific behind the camera, too. Belfast is his nineteenth film as a director, with a CV that has included everything from his epic 90s adaptation of Hamlet to the first Thor movie. This new film, however, comes from a personal place. [...]
Crackdown launched on second home owners who pretend to let properties out to holidaymakers to save tax January 15, 2022 The government is proposing strict new measures to crack down on second home owners who pretend to let their properties out to holidaymakers to save on taxes as they will be forced to pay more under the proposals. The Department for Levelling Up, Housing and Communities (DLUHC) is moving to close a loophole in the [...]
Omicron: what it means for markets November 30, 2021 Mark Ainsworth, Head of Data Insights: The new Covid-19 variant B.1.1.529, or Omicron, that was identified last week in southern Africa has officially been classed a “variant of concern” by the World Health Organization. Covid-19 infections had already been on the rise in a number of countries, notably in Europe. This is due to colder [...]
The high streets of the UK need to be able to woo global shoppers to stay competitive November 16, 2021 Alongside true love and compound interest, habit is one of the most powerful forces. The familiar click of the Christmas lights brought people back to London’s streets last week, with 2.5 per cent more people treading down the high street. But with the pandemic came new habits and the fairy lights will be switched off [...]
Global luxury market on track to beat pre-Covid sales this year – but Europe lags behind November 11, 2021 The global luxury goods sector is set for a powerful rebound and will outperform pre-pandemic levels this year, but Europe lags behind in the absence of tourists’ purses, consultancy Bain has said. Global sales of personal luxury goods – which include fashion, cosmetics, perfumes, watches, handbags and jewellery – are set to reach €283bn (£242bn) this [...]
D-Day for Rishi Sunak: What do City insiders expect from the Autumn Budget? October 27, 2021 In today’s Autumn Budget, Chancellor Rishi Sunak will outline how he plans to “drive growth while keeping the public finances on a sustainable path”. City A.M. checked in with a number of Square Mile professionals this morning to see what they hope or expect the Budget will bring today. VAT Yesterday the news broke that there will [...]
This week’s Budget: An overview of the £30bn of investments announced so far October 25, 2021 More than £30bn of investment has already been revealed by the Treasury ahead of Wednesday’s Budget. Chancellor Rishi Sunak said on Sunday that “(over) the last year, I’ve been focused on delivering our plan for jobs, protecting people’s livelihoods, their incomes, their jobs”. But he said he would now be “looking to the future and [...]
Exclusive: London distilleries call on Chancellor to not raise alcohol duty October 20, 2021 London distilleries have urged the Chancellor not to hike alcohol duty at the upcoming Budget. Spirit makers Hayman’s, Beefeater Gin, Brixton Distillery, Half Hitch Gin and East London Liquor Company, called on Rishi Sunak to help the sector be part of the pandemic recovery, in a letter shared with CityA.M. A duty increase on October [...]