CBI chief: Ministers must ‘co-design’ economic growth with businesses post-Budget November 25, 2024 Businesses should have a stronger voice in setting economic growth policies, the boss of an influential business lobby group has urged, including a shift from “consultation to co-design”. Rain Newton-Smith, chief executive of the Confederation of British Industry (CBI), told attendees at the group’s annual conference that the government and firms share a “vision of [...]
Ahead of the Game: Lineker to score tax saving from company liquidation November 20, 2024 Goalhanger Films, which is co-owned by Lineker and former ITV controller Tony Pastor, has appointed a voluntary liquidator despite being a solvent company.
ECB chair Thompson: I’ve found myself in an extraordinary moment for cricket November 19, 2024 "A lot of the next 10 years will be determined almost by what happens in the next 10 weeks," said Thompson.
Budget could destroy seventh-generation pub giant, warns boss November 18, 2024 The changes announced in the Budget represent an ‘existential threat’ to the future of a seventh-generation pub and brewing giant, its owner has warned. William Lees-Jones, who owns and runs Manchester-based JW Lees, which has produced real ale since 1828, has warned he is now “facing the very real prospect that we will never be able to [...]
How Arla Foods boss went from selling cigarettes to Lurpak and Cravendale November 15, 2024 A globe-trotting career that began selling cigarettes at British American Tobacco and has led to heading up the UK arm of dairy giant Arla Foods is maybe not what Bas Padberg could have predicted when he started out in the early 1990s. The managing director of the group behind Lurpak, Cravendale, Skyr and B.O.B milk [...]
Firms blame Budget uncertainty as economy slows sharply in third quarter November 15, 2024 The UK grew at a slower pace than expected in the third quarter, according to new figures, with business groups pointing to the impact of uncertainty ahead of last month’s Budget. New figures from the Office for National Statistics (ONS) showed that the economy grew 0.1 per cent in the third quarter, after contracting 0.1 [...]
London pubs giant Young’s issues Budget warning after £11m costs hike November 14, 2024 Pub giant Young’s, which has locations across London and the South East, has insisted it has no plans to increase the price of drinks despite the Budget adding around £11m in annual costs. The listed group said it was instead focusing on increasing efficiency, better use of technology and internal investment in order to deal [...]
‘Disaster Budget will kill UK farming’, warns chicken king Boparan November 12, 2024 Entrepreneur Ranjit Singh Boparan, whose empire ranges from Bernard Matthews to Carluccio’s, has warned the autumn Budget is a “disaster for business” and will “deliver a final fatal blow to the thousands of small family-owned farms”. Boparan added that the “inheritance tax raid” on farms announced in the Budget on 30 October “risks supply being [...]
Employer National Insurance hike a ‘significant burden’ and will impact working people, warns Thwaites November 12, 2024 The hike in employer National Insurance contribution (NICs), which was revealed by Chancellor Rachel Reeves in her Budget, will place a “significant burden” on historic brewer, pub and hotel owner, Daniel Thwaites, the company has said. The Lancashire-headquartered group added that the increase, together with the rise in the National Living Wage, “make it less [...]
Serco: FTSE 250 firm predicts £20m hit from Budget tax changes November 8, 2024 British outsourcing giant Serco stressed the tax changes in the UK following the Budget will increase cost by £20m per year