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Sky News
Sunak’s cut to domestic flight tax won’t accelerate low carbon transition
Just days before the UK hosts perhaps the most important climate summit in history, Rishi Sunak has just made it cheaper to fly there.Not only that, it was 20 minutes into his budget speech before he mentioned the country’s net zero ambitions. In emissions terms, the chancellor’s cut to air passenger duty on domestic flights …
Business
Sky News
Cheaper pints and prosecco: New alcohol duty explained
Chancellor Rishi Sunak has announced a raft of changes to alcohol duties that he promised will bring the cost of a pint in the pub down by 3p “permanently”.Alcohol will now be taxed on the basis of its strength rather than the current system, which has been in place for decades and which the Institute …
Business
Sky News
‘We are just getting started’: Spotify sees 19% jump in paid subscriptions
Spotify has reported a 19% jump in paid subscribers during its third financial quarter.The music streaming company said that the growth – driven by demand in Europe and North America – saw it reach 172 million premium subscribers. Total monthly active users also increased by 19%, to a total of 381 million.Chief executive Daniel Ek …
Business
Business Live
Cyber security company Immersive Labs announces major hire
A cyber security company in Bristol that was founded by an ex-GCHQ trainer has appointed its first chief marketing officer. Evelyn Swaim, former senior vice president at software corporate Blue Prism, joins the fast-growing business as it continues to scale globally. Immersive Labs, which is based at Runway East in Redcliffe, has developed a platform …
Business
Business Live
Devon fleet tech firm Lightfoot set for growth after private equity investment
A Devon-based green-tech firm which has devised a “‘Fitbit for cars and vans” is set to target overseas sales and product development after receiving private equity funding. Lightfoot, the UK’s leading provider of in-cab driver coaching and engagement technology, has received backing from specialist mid-market investor Volpi Capital. The investment in Chudleigh-based Lightfoot will enable …
Business
Business Live
Budding entrepreneurs set to pitch ideas at Plymouth Techstars startup event
South West entrepreneurs with a smart idea for a startup tech venture are one again being invited to pitch their proposals and work them up with the help of experts – and this time there is a focus on the marine sector. The University of Plymouth is again hosting another Techstars Startup Weekend from November …
Business
Business Live
IRIS Software Group swoops for Grimsby payroll specialist Dataplan
Grimsby payroll specialist Dataplan has been bought out by one of the UK’s largest operators in its field. IRIS Software Group has swooped for the town success story, having been transformed by chartered accountancy firm Forrester Boyd, with former partner Richard Rowell at the helm. Founded in 1969, and once part of the Cosalt group …
Business
Business Live
ADVERTORIAL: The East Midlands Conference Centre is providing state-of-the-art events facilities for businesses
Following a multi-million pound refurbishment last year, the East Midlands Conference Centre (EMCC) has been offering fantastic meetings and events spaces, as well as banqueting suites for local businesses. The facility is located on the University of Nottingham’s University Park campus, the site is home to 21 flexible event spaces with intuitive SmartSpace, as well …
Business
Evening Standard
Wetherspoons slashes price of a pint to 99p despite surging costs
JD Wetherspoons has revealed it will slash prices on several of its drinks to 99p next month despite inflationary pressures. The pubco said on Wednesday that from 1-30th November customers will be able to snap up a pint of Ruddles Best or Greene King IPA – or a dram of whisky – at the bargain …
Business
Sky News
Sunak outlines plans for ‘new economy’ after COVID – but issues warnings
Chancellor Rishi Sunak has set out a budget for a “new economy” after the COVID crisis with a £150bn increase in government spending – but he also warned of “challenging” months ahead due to the continuing pandemic and rising inflation.In his statement to the House of Commons, Mr Sunak promised “the largest increase this century” …
Business
Sky News
Chancellor unveils tax cuts and benefits boost as he warns of ‘challenging’ months ahead
Chancellor Rishi Sunak has set out a series of tax cuts and a boost to benefits to help Britons with the cost of living, as he warned of “challenging” months ahead due to the continuing COVID pandemic and rising inflation.In his budget statement to the House of Commons, Mr Sunak promised plans to build “a …
Business
Evening Standard
Monzo heads to £3 billion valuation, despite losses
MONZO is in talks with shareholders to raise another £300 million to fund expansion plans.The digital based lender, founded in 2015, is one of the best known of the new breed of “challenger” bank, aimed at shaking-up the sector.According to Sky News, the fund raiser would value the business at £3 billion, a fairly extraordinary …

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