The chair of the UK’s statistics watchdog, Sir Robert Chote, has issued a scathing rebuke to two Treasury ministers regarding recent assertions on tax cuts for average earners, citing concerns over potential public confusion or misinformation. Chief Secretary to the Treasury Laura Trott faced criticism after claiming in November that “taxes for the average worker […]
Steelworkers at Tata Steel are poised to take decisive action in response to impending job cuts, as unions gear up to ballot members on potential strike action. Community, one of the key unions representing steelworkers, has secured formal authorization to proceed with a vote on strikes, while Unite is set to conduct its ballot on […]
England is poised for significant changes in its holiday let landscape, with the government announcing new controls aimed at preserving local communities and addressing housing affordability concerns. From the upcoming summer season, individuals seeking to convert their properties into short-term holiday lets may find themselves navigating new regulatory hurdles. Under the forthcoming regulations, homeowners may […]
Unite, the London-listed student accommodation provider, has sealed a substantial joint venture agreement with Newcastle University, set to reshape the student housing landscape. The partnership entails the development of 2,000 new student beds, a response to the burgeoning demand for quality housing in the academic sphere. Under the terms of the deal, Unite’s subsidiary, Unite […]
The spectre of fraud looms larger than ever in the UK, with reported cases surging to a staggering £2.3 billion in the past year, a figure more than double that of 2022 and the second-highest annual total recorded by BDO in two decades. The latest findings from BDO’s FraudTrack report reveal a 60% uptick in […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
The UK’s premier business entity has cautioned the government that the ramifications of Brexit are still causing distress to firms, urging immediate action to enhance relations with the EU. In a missive addressed to Chancellor Jeremy Hunt ahead of his budget presentation on March 6th, the British Chambers of Commerce (BCC) underscored that recent positive […]
Nigel Farage has issued a stern warning to NatWest’s new CEO, Paul Thwaite, threatening legal action unless the bank resolves an ongoing compensation claim with him. Farage took to social media, specifically X (formerly Twitter), last night to express his discontent, stating that unless NatWest engages in a “sensible conversation,” he will make a public […]
Global investors distanced themselves from purportedly ‘ethical’ funds last year, pulling out over $10 billion amidst allegations of greenwashing. Between 2020 and 2022, investors poured six times more capital into funds purportedly supporting companies with high ethical, social, and governance (ESG) standards compared to traditional equities. However, the tide turned against the sector last year, […]
The Garrick Club, renowned for its longstanding all-male membership policy, has ousted a member who advocated for the inclusion of women. Colin Brough, a former theatre producer and a member for four decades, faced expulsion on grounds of “conduct unbecoming of a gentleman” after he vocally campaigned for the admission of women, reportedly sending a […]