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Evening Standard
Why a cut in VAT would NOT solve the cost of living crisis
Can VAT save the economy? Probably not.As a VAT consultant I tend to view much of life through a VAT lens. Most of the time VAT has little relevance to the wider world, apart from adding 20% to most goods and services we consume in the UK. Occasionally, it does raise its head, for example …
Business
Sky News
EasyJet chief operating officer resigns amid growing anger over flight cancellations
EasyJet’s chief operating officer has resigned amid growing anger over flight cancellations.The airline has axed thousands of flights in recent months, including many on the day they were expected to leave for destinations. EasyJet recently announced plans to cut more flights over the busy summer period and apologised to customers for failing to “deliver the …
Business
Sky News
EasyJet’s operating chief resigns as anger grows over cancelled flights
EasyJet’s chief operating officer has resigned amid growing anger over flight cancellations.The airline has axed thousands of flights in recent months, including many on the day they were expected to leave for destinations. EasyJet recently announced plans to cut more flights over the busy summer period and apologised to customers for failing to “deliver the …
Business
Sky News
British families ‘brutally exposed’ to cost of living crisis due to 15 years of stagnant wages
Fifteen years of stagnant incomes have left families “brutally exposed” to the cost of living crisis, a report has found.Many families have been unable to build up the savings needed to cope with growing prices this year, according to the Resolution Foundation think tank. In the 15 years leading up to the COVID pandemic, the …
Business
Business Live
New HMRC regional hub opens in Birmingham
A new government regional centre housing thousands of tax and pensions staff has been officially opened in Birmingham. HM Revenue and Customs’ hub on the Arena Central complex was launched this week by Jim Harra, HMRC’s chief executive and first permanent secretary. 3 Arena Central, in Broad Street, is home to 4,600 civil servants, including …
Business
Business Live
Former Tioxide site relaunched as a major industrial location by ABP
Grimsby’s former Tioxide site is being relaunched as a major industrial location once more. Associated British Ports has appointed agents to market the 89-acre site, with more than one million sq ft of development space highlighted. It is being pitched for manufacturing, logistics and low-carbon energy producers – with Equinor having recently revealed it is …
Business
Business Live
ADVERTORIAL: Retaining talent in the East Midlands: The link between the region’s business sector and graduates
Developing brownfield sites across the East Midlands, Bradgate Estates is one of many successful companies playing its part in the economic development and growth of the region. Bradgate, which identifies brownfield sites throughout the East Midlands to develop on behalf of UK and European Pension Property Investment Funds, brings fresh capital to invest in the …
Business
Business Live
ADVERTORIAL: Allsop expects to raise more than £1 billion at auction for UK property owners this year
Leading UK property auctioneer Allsop is continuing to see investors from across the globe flock to its sales as property owners put their assets under the hammer. Having raised just short of £1 billion in 2021 for real estate owners selling commercial and residential property at auction, the 116-year-old auction house is continuing to see …
Business
Evening Standard
Pret A Manger expands and tops pre-Covid sales
Sandwich chain Pret A Manger saw sales exceed pre-pandemic levels for the first time in May as the business launched an affordable menu range.Revenue in the first six months of 2022 reached £358 million, an increase of 230% on the previous year, while the business returned to profit in March.Pret had posted two consecutive years …
Business
Business Live
Rolls-Royce unveils shortlist of locations for first £200m nuclear reactor factory
Engineering giant Rolls-Royce has revealed its final shortlist for the location of the first factory set to build its small modular reactors – a project set to bring £200m investment and 200 jobs to the winning site. The FTSE 100 firm announced a competition at the start of the year, asking development bodies to bid …
Business
Sky News
Eight arrests as police move in on fuel price protesters bringing parts of motorway to a halt
Eight people have been arrested after protesters used “rolling roadblocks” to bring parts of the M4 to a standstill during demonstrations over high fuel prices.Demonstrations took place on the motorway at the border between England and Wales, and on the M5. Groups of motorists took part in “slow-downs” where they occupied all three lanes and …
Business
Sky News
Motorists arrested for driving too slowly in protests against high fuel prices
Twelve people have been arrested after protesters used “rolling roadblocks” to bring parts of the M4 to a standstill during demonstrations over high fuel prices.Demonstrations took place on the motorway at the border between England and Wales and on the M5. Groups of motorists took part in “slow-downs”, occupying all three lanes and dropping their …

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