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Labour ‘ready to rebuild Britain’ after Tory chaos, says Reeves

Labour is “ready to rebuild Britain” and restore financial safety after the “chaos” of the Tory years, Rachel Reeves stated.The shadow chancellor delivered her pitch to the nation at what's prone to be the final main Labour convention earlier than a common election.In her...

Tesco ‘doing everything to drive down food bills’ as inflation falls

The boss of Tesco mentioned the grocery store chain is “doing everything we can to drive down food bills” because it improved its revenue steerage on the again of “strong” gross sales.Ken Murphy, chief govt of the retailer, mentioned it benefited from funding in...

Variety of companies within the UK falls for first time in a decade

The variety of VAT or PAYE-registered businesses within the UK fell this 12 months for the primary time since 2011, in keeping with official figures launched at present.The Office for National Statistics at present revealed that there are 2.73 million tax-registered companies within the...

Retailers warn Chancellor towards £400m enterprise charges hike

Bosses of a raft of Britain’s greatest retailers, comparable to Tesco, M&S and B&Q, have urged the Chancellor to freeze their property taxes to keep away from a roughly £400 million hike.A bunch of 44 retail leaders have written to Jeremy Hunt to halt...

Britishvolt purchaser but to make ultimate fee, directors say

The Australian firm which was supposedly meant to purchase failed battery start-up Britishvolt has missed the deadline to pay for the enterprise.Filings from directors at EY mentioned the ultimate instalment of an almost £8.6 million fee, which was due on April 5, was nonetheless...

Taxman pursuing Uber for an additional £386 million in VAT

The taxman is chasing rideshare service Uber for an additional £386 million value of VAT, after it paid a £615 million settlement final 12 months.As first reported by lawyer Dan Neidle of Tax Policy Associates, Uber revealed in its half-year results final night time...