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Evening Standard
Union leader says Government ‘caught out’ as it fails lorry drivers
A multi-million pound Government scheme to improve toilet facilities for lorry drivers is “entirely unspent” after a year, according to a leading trade union.Unite said that in the October 2021 Budget, then chancellor Rishi Sunak allocated £32.5 million to the Department for Transport (DfT) for roadside facilities at service stations and truck stops for lorry …
Business
Evening Standard
Hunt’s higher taxes could be here to stay for ‘several decades’, IFS warns
A “series of economic own goals” has worsened Britain’s “long, hard, unpleasant journey”, economists have warned as they forecast Chancellor Jeremy Hunt’s record-high taxes are “here to stay”.The Institute for Fiscal Studies (IFS) said on Friday the biggest drop in living standards will “hit everyone” but that “Middle England is set for a shock” as …
Business
Business Live
Airbus, RAF and Rolls-Royce complete landmark sustainable fuel flight
The first flight in UK airspace of an aircraft completely powered by sustainable aviation fuel (SAF) has been successfully completed. The test flight was a joint endeavour between the Royal Air Force (RAF), aerospace giant Airbus, along with other industry partners, such as engine manufacturer Rolls-Royce. A military variant of the Airbus A330 commercial jetliner, …
Business
Evening Standard
‘Squeezed middle’ in the South-East will see 900,000 pulled into higher tax band
Hundreds of thousands of “squeezed middle” earners across London and the South-East are set to be dragged into the higher 40 per tax band over the next six years after Jeremy Hunt extended the freeze on thresholds in his Autumn Statement.Analysis by the Standard suggests that by 2028 more than 900,000 extra employees throughout the …
Business
Evening Standard
Oil giants drag as FTSE rises
Oil giants Shell and BP and some of the UK’s biggest banks were the few drags on an otherwise positive day for the top shares in London on Friday.The FTSE 100 jumped by more than half a percent as traders prepared for the weekend, gaining nearly 39 points and ending the day at 7,385.52.“It looks …
Business
Evening Standard
Rishi Sunak accused of shielding super-rich by maintaining non-dom tax loophole
Labour has accused Rishi Sunak and Jeremy Hunt of shielding the super-rich from paying their fair share of tax by refusing to abolish the non-dom loophole.The Chancellor said on Friday it would be the “wrong thing” to end the controversial arrangement for those who live in the UK but pay no tax on their offshore …
Business
Business Live
People on the move: key North East appointments and promotions
RSM UK has announced 40 new promotions to director across the UK, including within the firm’s Newcastle office, as well a record intake of students. The firm has strengthened its tax faculty with the promotion of corporate tax specialist Sanjay Pugal in Newcastle. He first joined RSM UK in September 2018 as associate director. He …
Business
Sky News
UK economy ‘made worse by Brexit and Truss own-goals’
Brexit, slashing investment and Liz Truss’s mini-budget are among the “own goals” that have led to the UK’s dire financial straits, according to a top economist.Paul Johnson, the director of the Institute for Fiscal Studies (IFS), has been speaking about what left the UK in a position where yesterday’s autumn statement – that will leave …
Business
Business Live
Belfast green tech company unveils plans for 100 jobs in race to decarbonise industry
A Belfast green tech company plans to create nearly 100 jobs over the next two jobs as goes to market with technology which enables the production of green fuels to help decarbonise industrial processes. CATAGEN made the announcement as it launched five new climate technologies which it developed over the last nine months with the …
Business
Business Live
ADVERTORIAL: This award-winning global business purposefully chooses to ‘do the right thing’
To some, it might come as a surprise to learn that there are companies out there that touch our everyday life in many ways without us even knowing. One such business is Cheltenham-based innovator in steam and thermal energy engineering, Spirax Sarco. Spirax Sarco develops a wide variety of solutions for industries across the world …
Business
Sky News
Civil servants to go on strike, affecting ports, borders and transport over holiday period
Civil servants at several government departments will take part in a month of sustained industrial action from mid-December.Members of the PCS union who work for the Home Office, Border Force, Department for Transport and Defra are seeking better pay and conditions. Ports, borders, and all areas of transport, including driving licences, will be affected, as …
Press Release
Pressat
Charity on a mission to feed every hungry child in Oxfordshire this Christmas.
Mehiel Foundation, a small registered charity (1198017) based in Bicester has taken it upon itself to provide a festive Christmas dinner to every child in need this holiday season. According to joint DWP and HMRC estimates, 14% of the children in Oxfordshire live in poverty. In an age when we spend more on dieting than we …

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