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Sky News
PM wants to reduce ‘aberration’ of high taxes caused by ‘fiscal meteorite of COVID’
Boris Johnson has said he wants to reduce the “aberration” of current high taxes caused by the “fiscal meteorite of COVID” – as he announced plans to help boost homeownership.The prime minister appealed to the 41% of Tory MPs who voted to oust him on Monday as he tried to make clear the billions of …
Business
Sky News
Poundland warns customers are already cutting back on essentials
The owner of discount retailer Poundland has warned that its UK shoppers appear to be suffering most as the cost of living crisis gathers pace, with spending on essentials even taking a knock.Pepco Group, which also has the European discount brands PEPCO and Dealz in its stable, blamed UK wage growth sagging below the rate …
Business
Business Live
ADVERTORIAL: Strode College answers 13 common employer questions about apprenticeships
At a time when the cost of living is higher than ever for both the general public and businesses, many employers may be hesitant to take on new staff. However, apprenticeships at Strode College take both the financial and logistical pressures off the employer, meaning you can find new talent without the extra worry. Apprenticeships …
Business
Business Live
Transformation earmarked for landmark city centre building
Plans have been drawn up to transform a landmark building in Manchester city centre. Bruntwood Works, the workspace, retail and leisure arm of Bruntwood, has submitted a planning application to redesign the grade II-listed Pall Mall building in King Street. If approved by Manchester City Council, the property will include 85,000 sq ft of office …
Business
Business Live
Cutting through the chaos: Humber business leaders reveal how they cope with the Covid-led perfect storm
Entrepreneurs from across the region shared their experience of how to survive and thrive during the pandemic and beyond as they gathered at Humber Business Week. Professor David Hall, who describes himself as a ‘business helper’ with a career spanning more than 40 years, brought in proven leaders to present their own case studies of …
Business
Evening Standard
UK ‘being held back over labour shortages,’ Fuller’s boss says
THE boss of pub chain Fuller’s has accused the Government of “holding back Britain” as the firm wrestles with labour shortages crippling the capital’s hospitality sector.Simon Emeny told the Standard: “The Government sees migration from Europe as a red line and that’s a problem for us.“We’re holding back the economic prowess of Britain by holding …
Business
Business Live
Thatchers Cider profits and market share up in year hit by Covid
Thatchers Cider has said it has become the UK’s second-largest cider maker after a year disrupted by the Covid-19 pandemic which saw its profits jump and market share rise. The family-run business, which has been producing cider in Somerset at its Myrtle Farm base in Sandford since 1904, reported profit after tax of £11.1m for …
Business
Business Live
Everton announce record sponsorship deal with casino and sports betting company Stake.com
Everton have struck a record sponsorship deal with a casino and sports betting company. The Premier League club have announced Stake.com as their new main partner on a multi-year deal. Everton said the agreement is the highest value front-of-shirt deal in the club’s 144-year history. READ MORE: Everton report losses of almost £121m despite record …
Business
Evening Standard
First Group flat “no” on £1.2 billion takeover bid
TRANSPORT giant First Group offered its private equity suitors I Squared Capital a one-way ticket out of town today, flatly rejecting a £1.2 billion takeover offer.That deal was for 118p in cash with a further 45.6p possible from the earnout on sales of the Greyhound bus arm and First Transit.First Group said the offer “significantly …
Business
Sky News
Even if you don’t drive, you’ll pay for the rise in petrol prices
The £100 tank of unleaded petrol is another milestone on the relentless upward path of fuel prices.Watching the price click in to three figures for the first time will draw the breath of anyone filling the 55-litre tank of a family saloon. But whichever way you count it, prices have been kicking consumers in the …
Business
Evening Standard
End of share trading boom hits dividend to top Tory donor Lord Cruddas
LORD Peter Cruddas, a top Tory party donor and Boris backer, today felt the pain from the end of the lockdown inspired investment boom that saw new customers flock to share trading.His CMC Markets firm saw profits for the year to March sink 59% to £92 million, on income down 31% to £282 million.That in …
Business
Evening Standard
Peel Hunt feels the pain as flotation market sinks
The extent of the strife in the City was laid bare today when investment bank Peel Hunt reported a crash in profits as company floats dry up and clients fret about the global economy.Chief executive Steven Fine admitted the environment is “rough” and noted that when on the global stage “unpredictable individuals are doing strange …

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