More talks will be held this week between unions and rail industry leaders in an attempt to avoid a week of national strikes that will shut down much of Britain’s rail network in late June. Passengers whose journeys were affected would receive refunds for tickets they had bought, the Rail Delivery Group, which represents train […]
MPs have called on the UK government to cut the burden on UK taxpayers after new figures showed working people spent a higher proportion of their incomes on taxes than at any other point since the early-1960s. The calls come after the Adam Smith Institute (ASI) published new figures, for Tax Freedom Day, showing UK […]
The EU has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards. After 10 years of stalemate over the proposals, EU lawmakers hailed a “landmark” deal for gender equality. As well as the legally binding target, companies could also be fined for failing to recruit […]
More than two in five recent buy now, pay later (BNPL) shoppers relied on credit cards or other forms of borrowing to pay off what they owed, the charity Citizens Advice has said. It said the figures showed that shoppers are “piling borrowing on top of borrowing” and underlined the urgent need for BNPL to […]
Good Business Pays is spearheading an alliance involving the Small Business Commissioner and leaders from the UK’s biggest business groups including the Federation of Small Businesses, CBI, and BCC to stop slow payments from harming small businesses once and for all. Launched today, the “Wait Off” campaign is backed by 16 of the UK’s most […]
All phones and tablets must use the same charging ports, the EU has agreed. A new agreement will force all companies to make USB-C the common charging port on all their smaller electronic devices by Autumn 2024, the EU has announced. Laptops will be required to use the port some time after that. The ruling […]
UK public companies are trading at a valuation discount totalling about £500 billion since the “scarring impact” of the Brexit vote six years ago, according to research by a City stockbroker. Since 2016, when Britain voted to leave the European Union, the valuation of companies on the FTSE all-share index has settled at a 20 […]
Boris Johnson’s plans to slash the number of civil servants by 91,000 – around 20% – within three years, will leave Whitehall unable to handle the huge extra workload caused by Brexit, independent experts and unions have warned the government. They say such a reduction would leave the state too small to cope with the […]
The logistics sector has expanded by 190,000 employees since 2019 and has driven the creation of a further 125,000 jobs in regional economies, research suggests. The sector, with its focus on transporting goods to consumers, is one of the fastest-growing in Britain because of the popularity of online shopping, which boomed over the course of […]
Kwasi Kwarteng is contemplating a support package for steelmakers and other manufacturers struggling to cope with rising energy costs. The business secretary is exploring whether the government could exempt heavy industrial manufacturers from network charges. These are included in bills to help to maintain and upgrade Britain’s network of gas pipes and electricity cables that […]