<?xml encoding=”utf-8″ ?????????> Wilko, the well-known High Street homeware retailer, has recently collapsed into administration, unable to secure a rescue deal. With 400 shops and 12,500 workers at stake, the future of the company hangs in the balance, I look at the reasons behind its downfall, and the potential implications […]
Canary Wharf: Adapting to a Changing Landscape
<?xml encoding=”utf-8″ ?????????> Canary Wharf, the iconic business district in east London, is undergoing a significant transformation as it adapts to the changing needs of its tenants and the local community. With a rise in flexible working and the departure of some major banks, Canary Wharf Group (CWG) is diversifying […]
Car Insurance Costs Soaring: What’s Driving the Increase?
<?xml encoding=”utf-8″ ?????????> With inflation and rising vehicle repair costs, motorists in the UK are feeling the pinch when it comes to insuring their vehicles. According to the Association of British Insurers (ABI), the average premium for car insurance in the three months leading up to June reached a record […]
Warm Weather Boosts UK Economy in June
<?xml encoding=”utf-8″ ?????????> The warm weather in June has had a significant positive impact on the UK economy, surpassing expectations and providing a much-needed lift. Official figures show that higher temperatures during this period boosted the performance of pubs, restaurants, and the construction industry, resulting in a growth rate of […]
HMRC blasted for taking over THREE years to deal with basic enquiry
<?xml encoding=”utf-8″ ?????????> A leading accountant has labelled HMRC as ‘dead in the water’ – after receiving a response to an enquiry submitted in 2020 more than three years later JF Hornby & Co requested a simple administrative change be made to one of their client’s accounts on January 13, […]
Sunak could follow Biden’s lead and ban UK investment in Chinese tech businesses
<?xml encoding=”utf-8″ ?????????> Britain could follow America and block UK companies from investing in Chinese tech businesses, senior government figures said yesterday as they warned that Beijing represented a significant threat to the UK’s security. President Biden this week proposed a ban on US investment in Chinese businesses developing advanced […]
UK economy records better-than-expected growth in second quarter of 2023
<?xml encoding=”utf-8″ ?????????> The UK recorded better-than-expected growth in the second quarter of the year, with record temperatures in June boosting summer spending in pubs and restaurants to help the economy to avoid a recession. Official figures showed that economic output rose by 0.2 per cent in the three months […]
A Comprehensive Guide to Valuing Your Stock and Equipment for Insurance Purposes
<?xml encoding=”utf-8″ ?????????> Businesses often accumulate a significant amount of stock and equipment, both of which are critical assets. In order to protect your investments and ensure you are adequately covered by business contents insurance, your stock and equipment need to be valued accurately. In this guide, we’ll walk you […]
Rising rice prices in PHL fuel food inflation concerns
PRESIDENT FERDINAND R. MARCOS, JR. — PHILIPPINE STAR/KRIZ JOHN ROSALES Retail prices for both imported and locally-produced rice in the Philippines rose further by between 4%-14% this month, government data showed on Friday, as global and domestic […]
BSP chief cautions against quick policy pivot
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona warned against “sudden reversals” of monetary policy when asked about the possibility of a rate cut in an interview with Nomura Holdings Inc. earlier this month. “If there’s a chance that we might have to raise rates again after we start […]