Delaying a ban on sales of new petrol and diesel cars could put drivers off switching to electric, the boss of the UK’s motoring industry body has warned. Ministers are understood to be considering pushing back a planned ban from 2030 to 2035. Mike Hawes, of the Society of Motor Manufactures and Traders, said the […]
Mike Ashley’s Frasers Group is in talks to sell its Missguided clothing brand to online fashion giant Shein. Talks about a deal, which were first reported by Sky News, come only a year after Frasers took over the brand. Frasers Group bought Missguided for £20m last year after the online fashion retailer collapsed into administration. […]
The UK Government has today announced that every Postmaster who was wrongfully convicted and has had their conviction overturned as it was reliant on Horizon evidence will be offered an optional sum of up to £600,000 in compensation. All reasonable legal fees will continue to be covered and any Postmaster who does not want to […]
Sir Keir Starmer has said he will seek a “much better” Brexit deal with the EU if Labour wins the next general election. The opposition leader told the Financial Times that the current deal, which is due for review in 2025, is “too thin”. Sir Keir was speaking at a conference of centre-left leaders in […]
The boss of Frasers Group, Michael Murray, has described the business rates regime as a “disaster” and urged the government for an immediate overhaul of the system. Murray, the son-in-law of Mike Ashley, who founded the retail powerhouse, told The Gentleman Journal’s podcast that most of the company’s rent bills are now equal to the […]
TikTok has been fined 345 million euro (£296 million) by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data […]
A former special adviser to Kemi Badenoch has slammed her former boss and the government’s wider business strategy, saying the Secretary of State and her department “do not know, nor really care” about business issues. In an extraordinary essay for Finito World, Joanna Thomas – who worked for Kemi Badenoch for a year until recently […]
Train drivers have announced two more strikes as part of a long-running dispute over pay and conditions. The Aslef union said its members at 16 train companies would walk out on 30 September and 4 October. It added an overtime ban for drivers would take place on 29 September and for five days from 2 […]
Port Talbot’s steelworks will be given up to £500m by the UK government in a bid to keep the plant open and produce steel in a greener way. Tata Steel will add £700m of its own as it invests in cutting emissions. It has asked ministers to provide a bigger chunk of the cost. But […]
Contractors and their clients alike have welcomed the news that HMRC is on the verge of scrapping the controversial ‘double taxation’ of IR35 under the off-payroll working rules – in a positive development for contractors who have had their contracts cancelled as a result of these rules. The legislative flaw sees businesses overtaxed in the […]