Heathrow Airport said it has suffered a 90,000 decline in passenger numbers on routes included in a £10 per person Government scheme. It described the electronic travel authorisation (ETA) system as “devastating for our hub competitiveness”. The Conservative government introduced ETAs in November 2023 for people entering or transiting throughContinue Reading
Stock markets in UK outperformed European peers on Monday, with new investment in BT helping to give London’s top index a boost. The FTSE 100 moved 42.15 points higher, or 0.52%, to close at 8,210.25 on Monday. Miners Antofagasta and Glencore and energy firms Centrica and BP were among theContinue Reading
John Swinney has warned of “very difficult” reductions to Scottish finances after unions suspended planned bin strikes to allow workers to consider a new pay offer, backed by £77.5 million of Scottish Government funding. The First Minister said the decision by Unite, GMB and Unison to call off the eight-dayContinue Reading
The adoption of electric vehicles (EVs) continues to face a significant barrier: the time-consuming and often damaging process of battery charging. However, Gaussion, a spinout from University College London (UCL), has developed a groundbreaking solution that could transform the industry. By applying an external magnetic field during the charging andContinue Reading
Members of two trade unions will be balloted on a new offer for cleansing workers as the unions announced they will suspend planned strike action. Staff represented by Unite and the GMB were due to walk out for more than a week from Wednesday, but a late offer from localContinue Reading
HS2 has revealed a final IR35 liability of £6.2 million in its 2023/24 accounts, following a compliance review by HMRC. This payment concludes the tax obligations under the Off-Payroll Working Legislation introduced in 2017. The review found that only 5% of HS2’s contractors were classified as outside IR35, raising concernsContinue Reading
In the fast-paced world of business, the pressure to perform and deliver can often lead to the brink of exhaustion, with far-reaching consequences. Let me share the story of John, which I hope can resonate with others: My name is John, and as a newly appointed Conveyancing Lawyer, I learnedContinue Reading
Ministers are preparing to cap the profits landowners can make from selling green belt land as part of the government’s strategy to deliver 1.5 million new homes by 2030. The proposed reforms would give councils the power to compulsorily purchase green belt land at a lower “benchmark” value, curbing theContinue Reading
Patrick Drahi, the debt-laden media tycoon, has sold a 24.5 per cent stake in BT Group to Bharti Global, the international investment arm of India’s Bharti Enterprises. The transaction marks a significant shift in ownership for the British telecoms giant as Bharti Global becomes its largest shareholder. Bharti Global hasContinue Reading
Over 17,000 shops across the UK could face closure in the next decade unless the Labour government takes urgent action to reform the business rates system, according to warnings from Simon Roberts, CEO of Sainsbury’s, and Paddy Lillis, General Secretary of the Union of Shop, Distributive and Allied Workers (Usdaw).Continue Reading
