Wetherspoons boss Tim Martin warns food prices at its pubs will rise if VAT goes up By Daily Mail City & Finance Reporter Published: 22:21 BST, 7 July 2021 | Updated: 22:21 BST, 7 July 2021 Wetherspoons boss Tim Martin said prices for pub food will rise if VAT goes up Wetherspoons boss Tim Martin … Read more
Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 in a day on the stock market Wang Long, 34, was captured throwing himself into furnace in Inner Mongolia Haunting last image shows him silhouetted against the fiery well of molten steel Police believe he killed himself due to large debts and … Read more
Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 in a day on the stock market Wang Long, 34, was captured throwing himself into furnace in Inner Mongolia Haunting last image shows him silhouetted against the fiery well of molten steel Police believe he killed himself due to large debts and … Read more
The FTSE 100 dipped 0.5% today as traders fretted over interest rates rises and Rishi Sunak’s Budget tax grab for big business. London’s leading index was down by 34 points to 6,641 by mid-afternoon after US stocks plummeted on Wall Street yesterday. The FTSE closed 0.9% higher yesterday as market movers focused on the extension … Read more
Britain is set for a summer spending splurge after Rishi Sunak today extended the discount 5% VAT rate, meaning consumers are set for cheaper coffee, meals out and staycations. The super-low rate will carry on until September, the Chancellor announced in his Budget today, then move to 12.5 per cent until April 2022 before returning … Read more
Rishi Sunak unveiled a raft of measures aimed at helping small businesses today. The Chancellor targeted high street firms with a business rate holiday extension until June, followed by a two-thirds reduced rate for the rest of the financial year. He also confirmed a freeze of VAT at 5 per cent for hospitality firms until … Read more
Builders claim cutting VAT on home repairs could give economy a £51bn boost By Daily Mail City & Finance Reporter Published: 21:52 GMT, 28 February 2021 | Updated: 21:52 GMT, 28 February 2021 Cutting VAT on home repairs could give the economy a £51billion boost, builders have claimed. The Federation of Master Builders (FMB) and … Read more
Landlords demand Rishi Sunak provides MORE financial help for pubs in next week’s Budget and say current support is not enough Campaign for Pubs has written an open letter to the Chancellor with demands Demands include a 12-month extension to the 5 per cent reduced VAT rate It also urges the Government to waive 50% of … Read more
Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more
I bought items online shipped from Holland and think I’ve been charged VAT twice: How can I check and is this due to Brexit? Brexit means there could be further charges for consumers It can be confusing for customers to work out what fees are which We reveal the new rules and what you should … Read more