The UK Government has lost £21bn worth of taxpayers money due to fraud since the start of the pandemic, that is “very unlikely” to be unrecovered, according to the National Audit Office (NAO). The NAO said that many public bodies are unaware of the amount of fraud they face, as it revealed that levels of […]
People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence in parliament has slumped by 10 percentage points to 22% while there has been a […]
Small businesses are in a David and Goliath battle for talent. Research has found that almost half of SME workers are looking for a new role, compared with 39% of those at large businesses. Such a talent drain could have a huge impact on SMEs, especially at a time when businesses need to hold onto […]
Today’s government announcements on energy security and climate change are inadequate and risk failing to meet UK climate targets, says Friends of the Earth. These announcements are likely to be part of a revised net zero strategy, which the government is required to publish by the end of this week following a successful legal challenge […]
A businessman who presided over one of Britain’s worst “pension liberation” scandals was branded evasive, hostile and guilty of “highly regrettable conduct”, according to the judgment in a tax tribunal published yesterday. Craig Tweedley, founder of the pension scheme company Ark LLP, displayed “a total disregard for due diligence and careful administration and was primarily […]
Binance faces a ban in the United States after being sued by an American watchdog for breaking and ignoring a host of financial and market rules. In a searing court filing, the Commodity Futures Trading Commission alleged that the world’s largest crypto trading platform had put its commercial success over compliance with US law in […]
It is expected to be one of the busiest weekends of the decade in London when people flock from all corners of the globe to join the celebrations for the coronation in May. Airbnb, the world’s biggest self-catered accommodation platform, is enticing new hosts with the offer of a £100 “travel coupon” for those taking […]
The cost-of-living crisis and rising energy prices have caused problems for many people, and businesses aren’t exempt from these financial struggles. In fact, in PayPal’s Business of Change Report 2022, 78% of business ownersclaimed they were worried that the cost-of-living crisis would be the biggest threat to their businesses this year. As such, supporting your […]
Birmingham’s Colmore BID (Business Improvement District) has partnered with the Hollie Gazzard Trust to launch a new Supporter Organisation Scheme to educate staff on domestic abuse issues and help safeguard employees. Colmore BID, which is responsible for delivering projects, initiatives and services in Birmingham’s commercial and professional services quarter, is the first to partner with […]
A producer of honey-based products including craft gins has revealed plans to call in administrators after failing to secure long-term funding and a sale of the business. Oxfordshire-based British Honey Company (BHC), best known for its Keepr’s and Two Birds brands, said its shares on the Aquis exchange had been suspended pending the formal appointment […]