Hotel giant Travelodge has launched a recruitment drive to fill more than 300 jobs across its business. The company, which operates more than 600 hotels across the UK, Ireland and Spain, employing some 13,000 people, is looking to hire full- and part-time employees. The jobs include hotel managers, bar staff,Continue Reading
Three is likely to miss its rural broadband coverage targets as the deadline to address mobile signal “not spots” looms. Mobile network operators have until July to extend their coverage to encompass 88% of the UK’s landmass, the initial goal of a £1bn government initiative. While Vodafone has confirmed itContinue Reading
Labour politicians are calling on Tata Steel to refrain from making irreversible decisions before next week’s general election. The Indian company recently announced it plans to expedite the shutdown of blast furnaces at its Port Talbot plant due to impending industrial action. As Britain’s largest steel producer, Tata Steel hasContinue Reading
The UK’s biggest banks have been hit by glitches affecting digital banking, leaving some customers unable to send and receive money on what is commonly pay day for workers across the country. Nationwide, HSBC, Barclays and Virgin Money were among those apologising on Friday to customers over the issues. HSBCContinue Reading
A leading VAT expert is calling on private schools to review the accounting treatment of pre-paid school fees in order to avoid huge tax charges at a later date. It follows news of Labour’s plan for anti-forestalling measures on proposed private school VAT legislation. This would see the party recoup VATContinue Reading
Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America. This new facility, initially set at £60 million with the potential to expand to £120 million, will significantly enhance Simply Asset Finance’s capacity to fund businesses across the UK. The agreement strengthensContinue Reading
Used car search platform MOTORS has acquired the Cazoo brand, announcing plans to transform it into a cutting-edge, mobile-first digital marketplace. This strategic move aims to leverage MOTORS’ extensive 15-year experience to provide a fresh and innovative car buying experience. In the coming weeks, MOTORS will unveil an all-new CazooContinue Reading
The Bank of England has issued a warning that the UK economy could suffer if higher interest rates lead private equity-backed companies to default on their debts. In its latest financial stability report, the central bank highlighted the significant risk posed by the jump in borrowing costs since late 2021.Continue Reading
Economists from Capital Economics predict that Labour could benefit from a £16 billion spending boost if it wins the upcoming General Election, thanks to updated forecasts from the Office for Budget Responsibility (OBR). This potential fiscal headroom is nearly double the £8.9 billion announced in the March Budget. Rachel Reeves,Continue Reading
Innovation and regulation must work together to foster trust in new technologies. Innovation pushes the boundaries of what can be achieved, keeping the industry continuously moving forward. Whereas, regulation drives the adoption of frameworks, providing mechanisms for accountability and helping organisations adapt to evolving challenges. It guides technological progress inContinue Reading
