News
Sunak calls for minimum wage quango to be abolished
14+ hour, 28+ min ago (443+ words) Politics and Economics Reporter Former Chancellor and Prime Minister Rishi Sunak has said that his decisions to hike the national minimum wage backfired as he called for a quango overseeing low pay to be abolished." Sunak appeared to admit that…...
Industry chiefs slam packaging tax that will push food prices higher
10+ hour, 54+ min ago (422+ words) Politics and Economics Reporter Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the packaging tax is set to be introduced." The government had been scrambling to find ways…...
Modella Capital to buy Flying Tiger in latest high street swoop
1+ day, 6+ hour ago (456+ words) Modella Capital is poised to snap up Flying Tiger Copenhagen in the private equity firm's latest swoop on the British high street." The private equity firm is close to reaching an agreement with Danske Bank and Nordea, the owners of…...
Brewdog founder James Watt launches "equity punk" comeback
1+ day, 9+ hour ago (148+ words) Brewdog founder James Watt has launched a comeback after the craft beer firm he co-founded collapsed earlier this year." Watt said on Friday he will launch Second Best, a new crowdfunded beer venture, in a bid to win back the…...
Social media and welfare state "to blame" for youth unemployment
1+ day, 15+ hour ago (398+ words) Social media and the welfare state are pushing Britain towards an "economic catastrophe" over youth unemployment, a landmark government review has found. Smartphones have "rewired" the brains of young adults and left them trapped in unemployment, former health secretary Alan…...
Beauty can Bolt Purton closer to 2000 Hong Kong winners
2+ day, 7+ hour ago (397+ words) WITH jockey Zac Purton nearing a landmark 2000 winners in the city, the mounting hullabaloo could reach fever pitch during the action at Sha Tin. The eight-time champion, who's soon to make it nine, needs only a handful more wins to…...
Pep Guardiola to stay on CFG payroll after quitting Manchester City
2+ day, 13+ hour ago (475+ words) Pep Guardiola is to continue working for City Football Group despite confirming his departure as manager of its flagship club, Manchester City. Guardiola will take charge of his final match on Sunday, having become the most successful manager in City…...
Space X IPO prospectus is notably vague on Musk's long-term ambitions
2+ day, 13+ hour ago (321+ words) City AM Space X has published a 377-page prospectus for its upcoming IPO, but it remains vague around its long-term ambitions around space tourism, asteroid mining and, most importantly, the question of real estate, writes Rainer Zitelmann Space X has…...
Accountants "still in high demand" despite AI impacting sector
2+ day, 14+ hour ago (467+ words) Accountants in the UK are still in high demand despite the impact of AI on the sector, according to new research from the Institute of Chartered Accountants (ICAEW)." The body, which regulates and supervises around 12, 000 accountancy and audit firms in…...
Carbon-cutting shipping executive wins Veuve Cliquot's Bold Future award
2+ day, 14+ hour ago (151+ words) Sustainable shipping boss, Alisha Fredriksson, shared that she hasn't been without challenges when it comes to earning support in a "male dominated industry.' Despite launching a one of a kind, innovative business that garnered over "8m in funding and grants, she…...