Thought leadership

PUB CHIEF CRITICISES ‘DINNER PARTY’ BUDGET THAT FAILS TO TACKLE TAX INEQUALITIES WITH SUPERMARKETS

The chairman of JD Wetherspoons has criticised the Chancellor for a “dinner party” Budget that failed to tackle tax inequalities between pubs and supermarkets. Tim Martin said pubs paid 20% VAT on food sales while supermarkets paid “almost nothing”, enabling them to subsidise alcoholic drink prices. He said this favoured those who held dinner parties […]

SOARING ENERGY BILLS A RESULT OF GOVERNMENT INTERVENTIION REPORT FINDS

Electricity prices have soared because of constant intervention in the energy sector by successive governments, a Parliamentary report has found. The House of Lords Economic Affairs Committee says customers are getting a bad deal from a supply system that is complicated and uncompetitive. The result is that consumer prices have rocketed by 58% since 2003, […]

MARY PORTAS WARNS BUSINESS RATES RISES WILL CLOSE A THIRD OF INDEPENDENT SHOPS

The planned rise in business rates will kill off a third of independent retailers, “Queen of Shops” Mary Portas has warned the Government. The retail expert, once hired by David Cameron to find a way of saving Britain’s high streets, branded the looming hike “madness” and urged Prime Minister Theresa May to scrap the system […]

CUSTOMERS AND EX-EMPLOYEES OF RBS ACCUSES THE BANK OF COVERING UP WRONG DOING

Former business clients of the Royal Bank of Scotland are accusing the bank of systematically manipulating documents to cover up wrong doing. In an exclusive interview with the BBC, a former RBS employee has come forward to support allegations of document manipulation within the bank. RBS says it categorically denies document manipulation and forgery. Mark […]

MILLENNIALS KEY TO BOOSTING TRUST IN BANK OF ENGLAND SAYS GOVERNOR MARK CARNEY

Mark Carney has called on the “spirit of the millennial” to help boost public trust in the Bank of England and counter misperceptions surrounding monetary policy. The Governor used a speech at the Bank’s Court Room to stress the importance of increasing diversity across the central bank in order to raise public trust, improve adaptability, […]