Latest Stories All Stories

Business
Evening Standard
Government to borrow more than £70 billion to fund energy help and tax cuts
The Government will borrow an extra £70 billion over the coming months to fund its massive energy bills support for households and businesses.The combined energy schemes will cost around £60 billion over the first six months, the Chancellor announced on Friday.The business relief package, which provides companies with a discount on their bills, will cost …
Business
Evening Standard
Axing bankers’ bonus cap could fuel pre-2008 greed culture, lawyers say
The Chancellor’s decision to axe the cap on bankers’ bonuses has been met with backlash amid fears it will see the return of a “culture of greed” in the City as Britons suffer from a deepening cost-of-living crisis.The controversial decision will remove the limit on bankers’ annual pay-outs – which has been capped at 100% …
Business
Evening Standard
More rail workers to strike in long-running dispute
More rail workers will strike next month in the growing wave of industrial unrest sweeping the country, it was announced on Friday.The Transport Salaried Staffs Association (TSSA) said thousands of its members in Network Rail and a number of train operators will walk out on October 1 in the long-running dispute over pay, jobs and …
Business
Evening Standard
City Comment: Tax giveaways at odds with wider sentiment
Some warm words today from our new chancellor. Kwasi Kwarteng wants to “turn the vicious cycle of stagnation into a virtuous cycle of growth”, something he believes can be achieved by a bunch of supposedly City-pleasing tax cuts.How did the actual City react?Well, the pound fell below $1.12, the lowest since 1985, on fears in …
Business
Business Live
All the key points of the mini Budget
Here are the main points from Chancellor Kwasi Kwarteng’s statement on the economy in the Commons: – Mr Kwarteng began by saying “help is coming” for people with their energy bills, and that the energy price guarantee will limit bills for the average household to £2,500. – The Chancellor outlined Government support for businesses, telling …
Business
Evening Standard
At a glance: Key points from Kwasi Kwarteng’s mini-budget
Here are the main points from Chancellor Kwasi Kwarteng’s statement on the economy on Friday:– Mr Kwarteng began by saying “help is coming” for people with their energy bills, and that the energy price guarantee will limit bills for the average household to £2,500.– The Chancellor outlined Government support for businesses, telling MPs the energy …
Business
Business Live
New name for the Cardiff Motorpoint Arena
The Motorpoint Arena Cardiff has been renamed following the ending of a 10-year sponsorship deal. The 7,500 capacity music and event indoor arena in the centre of Cardiff, operated by Live Nation, has reverted back to its original name of the Cardiff International Arena which opened back in 1993. Live Nation, with its development partner …
Business
Business Live
Brewer Spadetown invests £800,000 in fermenting and canning machinery
A County Armagh brewery has invested £800,000 in new brewing equipment and canning machinery as it aims to grow sales throughout the Northern Ireland market. Spadetown Brewing Company, established in 2021 by the founder of Belfast IT company Novosco Patrick McAliskey as well as Martin Dumigan, has commissioned three new fermenters and installed a new …
Business
Sky News
Raft of tax cuts ‘for a new era’ include stamp duty cut for homebuyers
Income tax will be cut by one penny, Chancellor Kwasi Kwarteng has announced, as part of a raft of measures aimed at boosting economic growth.The reduction in the basic rate from 20% to 19% will be introduced in April 2023 – one year earlier than planned. At the same time, the 45% top rate of …
Business
Sky News
‘Biggest tax cuts for 50 years’ as chancellor wields knife in mini-budget
Income tax will be cut by one penny, Chancellor Kwasi Kwarteng has announced, as part of a raft of measures aimed at boosting economic growth.The reduction in the basic rate from 20% to 19% will be introduced in April 2023 – one year earlier than planned. At the same time, the 45% top rate of …
Business
Sky News
National Insurance calculator: See how you’re affected after rise is reversed
Chancellor Kwasi Kwarteng has announced that April’s National Insurance hike is to be reversed from 6 November.The 1.25 percentage point increase was introduced under former chancellor Rishi Sunak, but during the Tory leadership race Liz Truss pledged to change it. Use our calculator below to see how the change affects you: Flourish Due to your …
Business
Sky News
Stamp duty, energy bills and alcohol duty: The key mini-budget announcements
Here are the key points from Chancellor Kwasi Kwarteng’s mini-budget statement to MPs: • The basic rate of income tax will be cut to 19p in the pound from April 2023. Will mean 31 million people will be better off by an average of £170 per year.• The 45% higher rate of income tax is …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources