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Evening Standard
Jeremy Hunt faces Tory critics insisting his tax rises are ‘very Conservative’
Chancellor Jeremy Hunt has denied his economic strategy is a raid on workers as he hit back at Tory critics of his £25 billion of tax rises, telling them there is “nothing Conservative about ducking difficult decisions”.Economists warned that workers are living through a two-decade wage stagnation costing £15,000 after senior Tories including Jacob Rees-Mogg …
Business
Evening Standard
Chancellor concedes Brexit made EU barriers and says migration ‘very important’
Boris Johnson’s Brexit deal has caused damaging trade barriers with the European Union, the Chancellor has conceded, as he said immigration will be “very important” for the economy.Jeremy Hunt insisted the UK would find a way to improve trading ties with the EU without rejoining the single market.His comments came after the Office for Budget …
Business
Evening Standard
Legal & General expects £10m impact from LDI pension fallout
Insurance giant Legal & General said it faces a £10 million hit to pension revenues and profits amid a sell-off in the face of chaos in the UK pensions market.The company said its revenues in its pensions arm decreased after it had to sell higher fee products in order “to meet collateral requests”.It came after …
Business
Sky News
Anger in Beijing after Chinese-owned tech firm ordered to sell controlling stake in Newport Wafer Fab
Authorities in Beijing have reacted with anger after the UK forced a Chinese-owned tech firm to draw down its ownership of Britain’s largest microchip factory.A Chinese foreign ministry spokesperson said it resolutely opposed the ruling, by business secretary Grant Shapps on Wednesday, that Nexperia must sell at least 86% of its interest in Newport Wafer …
Press Release
Pressat
Turkiye’s global award-winning clinic joins forces with England’s leading football team, Everton FC 
European award-winning Vera Clinic becomes the official hair transplant partner of England’s top-notch Premier League team, Everton FC. London – Vera Clinic, Turkiye’s premium hair transplant and cosmetic surgery hospital, has become the official hair transplant partner of England’s top-tier Premier League football team, Everton FC. Located in Istanbul, Vera Clinic’s extensive family of professionally devoted …
Business
Evening Standard
Early Christmas shopping helps UK retail sales rebound in October
UK retailers saw a slight recovery in sales last month in the run up to Christmas but they still remain below pre-pandemic levels, according to official figures.The Office for National Statistics (ONS) said retail sales volumes increased by 0.6% in October, following a 1.5% drop in September, which had been affected by closures linked to …
Business
Sky News
Tesco offers staff pay advances to help navigate cost of living challenges
Tesco, the country’s largest retailer, is offering its workforce advances in their pay to help them navigate key debt deadlines as the cost of living crisis mounts.It said that 280,000 workers in the UK can receive up to 25% of their contractual pay early under the scheme. It aims to help staff avoid having to …
Business
Sky News
‘Flash dawn’ as retail sales rise but tough economy tipped to hit Christmas and beyond
Retail sales returned to growth in October, according to official figures released a day after crucial forecasts warned of the biggest fall on record ahead for disposable household income.The Office for National Statistics (ONS) reported a 0.6% rise in sales volumes last month. That was after September’s performance – a month-on-month fall of 1.5% – …
Press Release
Pressat
RL West Coast Committed to Innovating the Future of Digital Marketing
Launched in 2017 by experienced digital marketer Lorenzo Federici, RL West Coast is a full-service digital marketing agency operating with clients across the world. Despite the challenges created by the past two years, Lorenzo and his experienced team are excited to be celebrating RL West Coasts’ 6th anniversary in 2023. They are expanding their services …
Business
Sky News
Twitter ‘could go down’ during World Cup after staff exodus
Twitter has temporarily closed its offices as more staff exodus the troubled social media giant, sparking warnings about the site’s ability to stay online during the World Cup.The move by the company to shut its doors until Monday was apparently triggered by fears that departing employees could “sabotage” the firm. The latest turmoil comes after …
Business
Sky News
Next two years will be ‘challenging’, says chancellor – as disposable incomes head for biggest fall on record
The UK’s economic outlook will be “challenging” for the next two years, Jeremy Hunt says.The chancellor presented his autumn statement to parliament on Thursday, littered with stealth taxes and curbs on government spending amounting to £55bn in an attempt to plug the black hole in the public finances. But the independent Office for Budget Responsibility …
Press Release
Pressat
Irish hotel tech pioneer joins forces with US private equity backed Sceptre Hospitality Resources (SHR)
Irish hotel tech pioneer Avvio is joining forces with US private equity backed Sceptre Hospitality Resources (SHR). The move brings together two of the industry’s most dynamic, entrepreneurial companies and follows Serent Capital’s investment in SHR in 2020. Serent Capital sponsored the acquisition of Avvio through SHR to create a technology powerhouse for independent hotels …

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