Rick Stein’s famed restaurant and hospitality empire has plunged deeper into the red, warning that Rachel Reeves’s tax raid on employers is squeezing jobs and piling pressure on Cornwall’s largest private-sector businesses. The TV chef’s group — which includes restaurants, hotels, shops, a cookery school and an e-commerce business — reported revenues of £18.9m at its flagship Seafood Restaurant (Padstow) ...
When people think about London’s economy, manufacturing is not usually the first sector that comes to mind. Yet more than 14,000 manufacturing businesses operate across the capital, many of them micro or small enterprises concentrated in a number of clusters across the city such as Park Royal (West London), Brimsdown Industrial Estate (North London) and Maker Mile (Hackney, East London). ...
HM Revenue & Customs has relaunched a controversial scheme giving it the power to take money directly from people’s bank accounts – including cash Isas – if they repeatedly fail to pay their tax bills. Under the Direct Recovery of Debts (DRD) programme, banks and building societies will be forced to hand over cash owed to the taxman from anyone ...
Jeremy Hunt has accused Rachel Reeves of dragging Britain into “stagnation and decline” by raising taxes, warning that the Chancellor’s policies risk smothering the entrepreneurial drive the country needs. Writing for Conservative Home, the former Chancellor said it was now “all but nailed on” that Reeves will raise taxes by £30bn in November’s Budget — pushing the overall increase in ...
Manufacturers supplying Britain’s defence, automotive, aerospace and construction sectors have warned that businesses will collapse after government-approved energy charges are set to double. From October 1, standing charges and levies on industrial electricity bills will begin to rise sharply, with the full increase landing in April. Energy brokers said non-commodity costs – the fees for using the grid and funding ...
Revolut has pledged to invest £3 billion in the UK over the next five years in a move that will create 1,000 new jobs, strengthening the country’s status as a hub for global financial services. Chancellor Rachel Reeves hailed the announcement as a “vote of confidence in Britain” as she formally opened the fast-growing digital bank’s new global headquarters in ...
JD Sports has warned Rachel Reeves against any fresh hikes in employment costs, saying further increases would cripple competitiveness and drive youth unemployment higher. Chief executive Régis Schultz said the Chancellor’s last budget had already piled pressure on retailers by raising staff expenses, creating “tension around unemployment”. He urged Reeves not to repeat the move in November’s Budget. “We’re starting ...
The Department of Health and Social Care (DHSC) has spent more than £3.6 million on laptops, tablets, and mobile phones over the past three years as part of its push to modernise remote working and support digital transformation across the sector. Figures obtained through a Freedom of Information request show the department dramatically increased its IT spending between 2022 and ...
Small and medium-sized enterprises (SMEs) across the UK are facing an increasingly crowded marketplace, where standing out and connecting with customers is more challenging than ever With shifting consumer habits and rapid advances in technology, business leaders must rethink how they approach marketing and customer engagement to drive sustainable growth and stay ahead of the competition. How SMEs Can Stand ...
Patrick S. Fragel is a seasoned criminal defence lawyer based in Traverse City, Michigan. With more than 25 years of experience, he has become a respected voice in Michigan’s legal community. His journey began long before his time in the courtroom. As a United States Army veteran, he carried with him a strong sense of discipline, resilience, and focus—qualities that ...