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Evening Standard
High street businesses to benefit from business rates drop
Shops, pubs and other high street firms are set to see tax cuts of more than 50% from Saturday amid new property valuations, according to data.Last year, the Government announced the first revaluation process for business rates – the equivalent of council tax for UK commercial properties – in six years.Thousands of businesses will pay …
Business
Evening Standard
Government hails increase in National Minimum Wage
The Government has hailed an increase in the National Minimum Wage from Saturday, saying the rates are rising to record levels.Millions of the lowest paid workers across the UK will receive a pay increase as the statutory hourly rate rises by 9.7% from £9.50 to £10.42 for adults.Business and trade minister Kevin Hollinrake said: “This Government …
Business
Business Live
Everton post fifth consecutive full-year loss
Everton returned a loss for the fifth successive year with the £44.7m deficit reported for the 2020-21 season taking their cumulative losses to more than £430m over the period. The long-awaited publication of the club’s accounts on Friday revealed the club had succeeded in making significant reductions to their losses, down £76.2m from £120.9m the …
Business
Sky News
Thousands of small businesses face ‘tough decisions’ after change to energy scheme
Hundreds of thousands of small businesses could face “tough decisions” following changes to the energy support scheme, according to the Federation of Small Businesses.The Energy Bills Discount scheme has been introduced to provide UK businesses, charities and the public sector support with energy bills. This scheme for non-domestic energy users will see discounts provided on …
Business
Business Live
Plans for major new student accommodation scheme in the centre of Cardiff revealed
Plans for a major new student accommodation led scheme rising up to 25-storeys in the centre of Cardiff have been revealed. Real estate company Topland has begun a pre-planning public consultation on its near 600-bedroom scheme at the site of its existing Friary House building on Greyfriars Road. The 1960s office scheme, which extends to …
Business
Business Live
Trade mission to take advantage of new direct air link to long-standing Danish maritime partner
A first trade mission to Port of Esbjerg, taking in the recently launched direct flight from Humberside, will leave the region later this month. Business leaders in renewables, maritime and logistics are to meet with Danish counterparts to further collaboration and supply chain links. Esbjerg is Denmark’s biggest port, and the leading cluster for offshore …
Business
Business Live
Lush relocates Bristol store to Cabot Circus shopping centre
Cosmetics retailer Lush is set to expand in Bristol by relocating to a new outlet in the city’s retail quarter. The brand, which has it head office in Dorset, has said it is moving from its current shop on Broadmead to the nearby Cabot Circus shopping centre. Lush said its new space, which will open …
Business
Sky News
Household bills, council tax and everything else getting more expensive from 1 April
Households and businesses are facing increased costs on a number of items and services today.Broadband, mobile and water bills are among those being hiked, along with corporation and council tax and energy charges for businesses. Here, Sky News explains what is affected – and what you can do if you’re struggling.WagesThe national minimum wage and …
Business
Evening Standard
Rolls-Royce shakes up leadership team amid revival efforts
Rolls-Royce has unveiled a shake-up of its leadership team after launching a strategic review into the company in a bid to become more profitable.Helen McCabe is set to become the British engineering giant’s new chief financial officer, stepping into the shoes of Panos Kakoullis later in the year.Ms McCabe will move from her current position …
Business
Business Live
B Corp Month marked in Bristol with giant animation on Tobacco Factory
A Bristol-based creative agency is celebrating B Corp Month by projecting a giant animation onto the side of hospitality venue the Tobacco Factory. Something Familiar, which is based in the enterprise hub, said it was looking to inspire its clients to make positive changes. Its animation event is part of B Corp Month, which celebrates …
Business
Evening Standard
Lloyds and NatWest groups plan 81 new bank closures
Two of the UK’s biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country.Lloyds Group and NatWest Group have said that the sites in England, Scotland, Wales and the Isle of Man will close between July and November this year.The …
Business
Evening Standard
FTSE 100 Live: Bank shares falter after strong week; house prices down; Euro inflation dips
London’s main stock index started the last trading day of the first quarter of 2023 with gains, after a readout for the economy showed better growth in the final three months of last year.Elsewhere, Nationwide data revealed house prices declined again, while Dignity announced a £300 million loss.Live updatesShow latest updates 1680256485Banks shares falter after …

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