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Sky News
Ministers to meet SMEs over radical workers’ rights reforms
Representatives of Britain’s army of small businesses will hold talks with ministers this week amid a mounting backlash against radical government plans to reform workers’ rights.Sky News has learnt that Jonathan Reynolds, the business secretary, and Angela Rayner, the deputy prime minister, will meet private sector bosses at 10 Downing Street for the second roundtable …
Business
Evening Standard
Wickes sees profits tumble 25% in difficult DIY market
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.DIY chain Wickes has seen half-year profits dive by a quarter amid a tough home improvement market.The retailer saw underlying pre-tax profits …
Business
Sky News
Ministers ‘will not soften blow’ for pensioners no longer receiving winter fuel payments
Ministers are not looking to soften the blow for 10 million pensioners who will no longer receive winter fuel payments, the prime minister’s spokesman has said.Ahead of a vote on Tuesday on the controversial decision to limit winter fuel payments to those on pension credit, the government is remaining steadfast despite growing opposition from Labour …
Business
Sky News
State pension to rise by more than £400 a year in April – double some winter fuel payments
The state pension is due to rise by 4% in April, giving an extra £460 a year to recipients.The payment increases by the highest of total average weekly earnings, inflation for September or 2.5%. How much will pension payments rise?Figures on Tuesday showed average weekly earnings rose by 4% in the three months to July. …
Business
Business Live
Investors pour into start-up scheme amid fears of Labour tax rises
Investments into the Seed Enterprise Investment Scheme (SEIS), a government-backed initiative offering tax reliefs for investors in UK start-ups, have seen a significant increase since the general election, according to new data. Broker Wealth Club reported a 188 per cent year-on-year surge in new money flows into the scheme between the election on 4 July …
Business
Sky News
Reynolds puts finishing touches to £1.25bn Port Talbot deal
Ministers are racing to finalise a £1.25bn deal with Tata Steel, the owner of Britain’s biggest steelworks, amid fading hopes of a similarly consensual agreement with the industry’s second-largest player.Sky News understands that Jonathan Reynolds, the business secretary, wants to make a statement to parliament on Wednesday about the Tata Steel deal after Prime Minister’s …
Business
Evening Standard
Hostmore shares tank after US TGI Fridays takeover falls through
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.Hostmore has said it has dropped plans to buy TGI Fridays in the US for £177 million, leading its shares to tank …
Business
Evening Standard
Aldi plans record £800m store investment after sales and profits jump
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.Aldi has unveiled plans to spend £800 million to ramp up expansion across the UK in its largest annual investment as it …
Business
Evening Standard
Barratt teams up with Lloyds and Homes England for new-build joint venture
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.Developer Barratt Developments has joined forces with Lloyds Banking Group and Government body Homes England to launch a tie-up with aims to …
Business
Evening Standard
Betting giant Entain says sales growing faster than hoped as NFL kicks off in US
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.Ladbrokes and Coral owner Entain said online gaming sales have risen faster than expected in recent months, after it cashed in on …
Business
Sky News
‘Bus revolution’ measures unveiled to ‘save vital routes’
A “bus revolution” will save vital routes and put passengers first, the government has said, as it unveiled new measures which include plans to further support franchising.The legislation, which will be laid out before parliament on Monday, will give all local transport authorities new powers to run their own bus services. Only metro mayors at …
Business
Sky News
Billions lost to tax evasion but HMRC has no targeted measures to stop it – report
Roughly £5.5bn of potential state revenue has been lost due to tax evasion, according to the government spending watchdog.The vast majority of evasion took place in small businesses which can “easily exploit” weaknesses in government systems, the National Audit Office (NAO) said. But the body that collects tax – HM Revenue and Customs (HMRC) – …

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