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28.08.2024 - 09:29
Business
Evening Standard
Drivers warned to prepare for fuel duty rise
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Drivers are being warned to expect a fuel duty rise in the Government’s forthcoming Budget.The RAC issued the alert after Prime Minister …
28.08.2024 - 09:21
Business
Sky News
Chancellor refuses to rule out inheritance and capital gains tax rises
The chancellor has refused to rule out inheritance and capital gains tax rises after Sir Keir Starmer warned the autumn budget will be “painful”.Rachel Reeves would not answer “yes” or “no” three times when asked on Wednesday if she could specifically rule out raising the two taxes at the budget this October. The previous day, …
28.08.2024 - 09:06
Business
Evening Standard
Water firms warn that plans to cap bills will harm efforts to stop sewage leaks
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Plans to cap water bills could create a “material risk” that suppliers may fail to raise enough cash to invest in stopping …
28.08.2024 - 08:03
Business
Sky News
Thames Water slams ‘uninvestible’ bill curbs amid industry warnings of environmental damage
The water industry has said that without even greater bill rises, firms will be unable to deliver reforms to stop sewage outflows.The dire warnings were shared in a letter from industry trade association UK Water to water regulator Ofwat. Wednesday is the last day English and Welsh water companies have to submit their responses to …
28.08.2024 - 08:03
Business
Sky News
Thames Water seeks 52% hike to bills by 2030 as industry criticises watchdog’s curbs
The water industry has warned that firms will be unable to deliver reforms such as stopping sewage outflows without even greater bill rises, with crisis-hit Thames seeking more cash from customers than it originally proposed.A letter from industry trade association Water UK to Ofwat set a collision course between them as firms covering England and …
27.08.2024 - 18:45
Business
Sky News
Ted Baker owner picks US partner to run UK online business after shop closures
The owner of Ted Baker will on Wednesday announce that it has struck a deal with an American group to re-establish an online presence in the UK, days after its remaining retail stores were shut for good.Sky News has learnt that Authentic, which has owned Ted Baker since 2022, has struck a deal with United …
27.08.2024 - 12:28
Business
Sky News
One in two LGBT+ workers bullied or harassed, ‘shocking’ TUC survey finds
One in two LGBT+ employees are facing “shockingly high levels” of bullying and harassment at work, a survey has found. A survey of 1,000 LGBT+ people by the TUC suggested one in five lesbian, gay, bisexual and trans people had been exposed to verbal abuse at work in the last five years. More than a …
27.08.2024 - 11:44
Business
Sky News
Small firms to face energy bills ‘70% above pre-crisis levels’
The typical small business is facing energy bills 70% above pre-crisis levels from next spring, according to a respected forecaster which is warning that the government may have to intervene.Cornwall Insight’s business energy cost forecast showed that a business such as a pub, restaurant or independent retailer was currently paying over £5,000 more per year …
27.08.2024 - 10:28
Business
Sky News
Thousands of Next staff win equal pay case with more workers bringing claims
Thousands of Next workers have won an equal pay claim against their employer.An employment tribunal said the mostly female sales consultant floor staff should not be paid less than warehouse staff, the majority of whom are male. It’s the result of a more than six-year legal battle involving 3,540 claimants working at the high street …
27.08.2024 - 10:27
Business
Business Live
Brewing joint venture made loss in year before pub giant Marston’s sold its stake to Carlsberg
The brewing joint venture between Marston’s and Carlsberg, valued at nearly £800m, has reported a loss in the year leading up to the pub giant’s sale of its stake. Newly released financial records from Companies House show that Carlsberg Marston’s Brewing Company experienced a pre-tax loss of £25.2 million in 2023, a significant decline from …
27.08.2024 - 09:56
Business
Evening Standard
Hobbycraft snapped up by investment group Modella Capital
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Investment group Modella Capital has bought Hobbycraft, it said on Tuesday morning.The arts and crafts retailer has been majority-owned by fund management …
27.08.2024 - 08:38
Business
Evening Standard
Wetherspoon invests £2.8m to open new Waterloo station pub
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.JD Wetherspoon is to open a new pub at London Waterloo station next week following a £2.8 million investment.The value pub chain …
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