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Rishi Sunak’s plans to cut the basic rate of income tax is nothing but ‘smoke and mirrors’

The Chancellor, Rishi Sunak’s plans to cut the basic rate of income tax by 2p in 2024/25 is nothing but “smoke and mirrors” as the government makes it first moves… The post Rishi Sunak’s plans to cut the basic rate of income tax is nothing but ‘smoke and mirrors’ appeared first on London Business News…

Wickes raises guidance on impressive margin performance

You have to doff your cap to home improvement retailer Wickes. To achieve a better-than-expected margin performance during a period of sharply rising input costs is no mean feat. It… The post Wickes raises guidance on impressive margin performance appeared first on London Business News | Londonlovesbusiness.com.

ESG not a priority for investors, despite COP26 efforts

UK investors are failing to prioritise sustainable and ESG investments, despite COP26 and Government action to tackle climate change, new research  from  HYCM  has found. The trading broker commissioned an independent survey of 857 UK-based… The post ESG not a priority for investors, despite COP26 efforts appeared first on London Business News | Londonlovesbusiness.com.

Deliveroo founder sells £47m of stock in the company to pay a tax bill sending shares down

Will Shu who is the founder of Deliveroo has sold £47m of stocks in the firm to pay his tax bill which has sent shares in the company down. In… The post Deliveroo founder sells £47m of stock in the company to pay a tax bill sending shares down appeared first on London Business News…

A quarter (23%) of Brits expected to invest in next 12 months

Nearly two thirds (65%) of UK adults believe that maintaining a certain amount in savings for an emergency fund is the most worthwhile financial behaviour, according to new research from Marcus… The post A quarter (23%) of Brits expected to invest in next 12 months appeared first on London Business News | Londonlovesbusiness.com.

TheCityUK appoints Anne Richards as Chair of its Board

TheCityUK has appointed Dame Anne Richards, DBE, Chief Executive Officer of Fidelity International, as its next Board Chair. Anne will succeed Mark Tucker, Group Chairman of HSBC Holdings, who will… The post TheCityUK appoints Anne Richards as Chair of its Board appeared first on London Business News | Londonlovesbusiness.com.

Mayor invests £11.5m to help young Londoners into high-quality careers

The Mayor of London, Sadiq Khan, is today launching four Careers Hubs across the capital to give young Londoners a head start in finding great jobs and planning their futures.… The post Mayor invests £11.5m to help young Londoners into high-quality careers appeared first on London Business News | Londonlovesbusiness.com.

Exodus in finance teams: Study predicts serious talent shortage for businesses

A study by British market research institute YouGov and Fintech company Spendesk shows a serious lack of employee satisfaction in finance teams of small and medium-sized companies in the UK,… The post Exodus in finance teams: Study predicts serious talent shortage for businesses appeared first on London Business News | Londonlovesbusiness.com.

British Gas enters strategic partnership with IMServ

IMServ is pleased to announce the signing of a new strategic partnership with British Gas Business (BGB). The expanded partnership sees IMServ become BGB’s preferred metering partner for the delivery… The post British Gas enters strategic partnership with IMServ appeared first on London Business News | Londonlovesbusiness.com.

Festive boost for small businesses: Brits to spend £8.4bn at independents this Christmas

UK shoppers plan to spend £8.4bn this Christmas on gifts from independent retailers, according to new research from Direct Line business insurance, providing SMEs with a much-needed boost after more… The post Festive boost for small businesses: Brits to spend £8.4bn at independents this Christmas appeared first on London Business News | Londonlovesbusiness.com.

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