Cut beer duty by five per cent to create 12,000 jobs, pubs urge Chancellor September 18, 2024 Cutting beer duty by five per cent could create up to 12,000 jobs, a beer and pub association has urged the Chancellor ahead of next month’s Budget. The brewery and hospitality industries are urging the government to continue supporting them to invest and maintain the 1,040,000 jobs across the sector. Jobs could be at risk [...]
UK tech faces talent exodus if founders are penalised by tax hikes September 17, 2024 Prime Minister Keir Starmer has promised that Chancellor Rachel Reeves’ first Budget will prioritise economic growth and wealth creation. But moves to hike taxes that will hurt Britain’s entrepreneurs are putting that pledge in doubt. As British businessman Sir Martin Sorrell warned in City A.M.: “Increasing capital gains tax, especially without index-linking or time apportionment, [...]
‘Strike right balance’ on flexible working, business groups urge Labour September 17, 2024 Ministers must allow firms to “strike the right balance” on flexible working, business lobby groups have urged. It comes after business secretary Jonathan Reynolds told The Times alternative work schedules “contribute to productivity” and could be “significant” in tackling regional inequality issues, amid debate over the government’s proposed plans for workers’ rights reforms. He said, [...]
Investor Luke Johnson slams Labour’s ‘socialist fantasy’ workers’ rights reform September 17, 2024 Revolution Bars’ newly-appointed chair and seasoned investor Luke Johnson has criticised Labour’s proposed workers’ rights overhaul, calling it a “socialist fantasy.” Labour is preparing a sweeping reform to tackle the UK’s “culture of presenteeism,” including a ban on “exploitative” zero-hours contracts and day-one employment rights. The government argues the changes will drive employee productivity. However, [...]
Sir Martin Sorrell: Labour’s working week reforms won’t help firms September 17, 2024 British businessman Sir Martin Sorrell has said that altering the working week will not boost productivity in the UK, pushing back on Prime Minister Keir Starmer’s pledges to transform Britain’s work culture.
Keir Starmer: Policies that inhibit growth will be in the ‘no column’ September 17, 2024 “If it promotes economic growth, it’s in the Yes column — if it is inhibiting growth, it’s in the No column,” he reportedly said.
Sanctimonious Starmer falls short of his own standards September 17, 2024 As Keir Starmer faces questions over a £5,000 donation towards his wife’s wardrobe, the Prime Minister is finding out that decency in public life isn’t an automatic function of not being a Tory, writes Alys Denby When Victoria Starmer entered Downing Street for the first time wearing a Me+Em dress in Labour rose red, the [...]
Economic inactivity due to sickness could reach 4.3m, report warns September 17, 2024 The UK’s level of economic inactivity due to sickness could reach 4.3m by the end of this parliament, with an “unthinkable human and economic cost”, a health report has warned. A cross-party commission on health and prosperity, led by the Institute for Public Policy Research (IPPR), has published its findings on the future of Britain’s [...]
Lord Darzi’s prognosis on the NHS is clear: It needs help from the private sector now September 17, 2024 Lord Darzi's report made clear the NHS is in critical condition; it can no longer afford without help from the private sector now, writes Mark Davies.
Italian firms Leonardo and Marcegaglia to invest £485m in Britain, Starmer reveals September 16, 2024 Two Italian companies Leonardo and Marcegaglia are set to invest £485m into the UK, Sir Keir Starmer has announced. The news came during a joint press conference in Rome with the Prime Minister of Italy, Georgia Meloni, as part of Sir Keir’s trip to strengthen ties on migration, trade and defence. Aerospace firm Leonardo will [...]