Category: Warns
-
Gail’s chairman warns Labour’s workers’ rights plans may threaten businesses
•
Luke Johnson, chairman of the Gale bakery chain and a prominent businessman, has warned that some of his companies “may not survive” under Labour’s proposed labor rights reforms. Speaking before the Employment Rights Bill Committee, Johnson expressed concerns about the additional costs and complexities the legislation could impose on small…
-
Tractor Tax Could Affect Five Times More Farmers Than Government Claims, Expert Warns
•
Rachel Reeves’ proposed changes to farm relief on inheritance tax – called the ‘tractor tax’ – could impact farmers five times as much as the Government has estimated, according to the Central Association of Agricultural Valuers (CAAV). The Treasury said the changes will affect approximately 500 farmers each year. However,…
-
Expert Warns Of Upcoming 25% Drop, Timing And Trends Explained
•
Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
-
Putin poised to unleash cyber attacks on UK, minister warns
•
The UK faces the imminent threat of crippling cyber attacks from Russia, capable of “turning off the lights for millions”, warns a senior minister at NATO’s cyber defense conference in London. Pat McFadyen, Chancellor of the Duchy of Lancaster, is expected to highlight Russia’s willingness to wage cyber warfare targeting…
-
UK Funds Risk Tax Hit for Underinvesting at Home, Official Warns
•
Breadcrumb links BMN Business The UK could claw back pension tax breaks from asset managers who fail to invest adequately domestically, the head of the British Business Bank said in a warning about the risks the industry faces as the government seeks to implement a major growth initiative. Article writer:…
-
Royal Mail warns of £120 million cost increase due to National Insurance rise
•
Royal Mail has warned it faces an additional £120 million in costs due to the upcoming increase in employers’ National Insurance contributions announced in the latest Budget. The loss-making Postal Service said the rise would disproportionately affect its operations due to its large workforce of about 130,000 employees. The company,…
-
Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
•
Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…
-
Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
•
Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…
-
Moody’s warns car finance scandal could cost lenders £30bn
•
A growing scandal over mis-sold car financing could leave lenders facing compensation bills of up to £30bn, according to a warning from leading credit rating agency Moody’s. This estimate is the highest to date and raises concerns that the issue may mirror the Payment Protection Insurance (PPI) debacle, which ultimately…
-
Bailey warns employer tax hikes may delay interest rate cuts
•
Bank of England Governor Andrew Bailey has warned that the recent increase in employers’ National Insurance contributions could create uncertainty about future interest rate cuts. Addressing MPs on the Treasury Select Committee, Bailey noted that although inflation had fallen faster than expected – prompting the Monetary Policy Committee (MPC) to…
-
Anthony Scaramucci warns of impact on UK trade as trump wins US election
•
Anthony Scaramucci, former White House communications director and co-host of The Rest is Politics US, has expressed concerns about the ramifications of Donald Trump’s recent election win on UK-US trade relations. Speaking exclusively to Business Matters, Scaramucci spoke about the potential challenges British small and medium-sized businesses may face under…
-
Donald Trump has advisors who ‘love’ Putin whispering ‘a lot of absolute nonsense’ into his ear, warns Boris Johnson
•
Boris Johnson said President-elect Donald Trump was “very tough” on Vladimir Putin the last time he was in the Oval Office. But this time, his long-time political ally is concerned that freedom and democracy globally are now more at risk – with the former UK Prime Minister claiming Trump has…
-
M&S warns of possible price hikes as national insurance hike impacts costs
•
Marks & Spencer has warned it cannot rule out a price hike after absorbing an extra £120 million in costs resulting from Chancellor Rachel Reeves’ National Insurance changes and upcoming pay rises. Chief executive Stuart Machin said the retailer would “do everything we can” to avoid passing these costs on…
-
James Dyson condemns ‘spiteful’ inheritance tax in budget, warns of impact on family businesses
•
Sir James Dyson has strongly criticized Chancellor Rachel Reeves’ latest Budget, describing the new inheritance tax policy as a “spiteful” move that threatens the future of family businesses in the UK. Under the changes, family-owned businesses and farms worth more than £1m will face a 20 per cent inheritance tax…
-
James Dyson condemns ‘spiteful’ inheritance tax in budget, warns of impact on family businesses
•
Sir James Dyson has strongly criticized Chancellor Rachel Reeves’ latest Budget, describing the new inheritance tax policy as a “spiteful” move that threatens the future of family businesses in the UK. Under the changes, family-owned businesses and farms worth more than £1m will face a 20 per cent inheritance tax…
-
Record £40bn tax hike set to slow UK economic growth, warns OBR
•
Chancellor Rachel Reeves introduced a record £40bn tax rise in her first Budget, which the Office for Budget Responsibility (OBR) warns could stifle economic growth in the long term. According to the Office for Budget Responsibility, the UK economy will expand by just over 1% this year, peaking at 2%…
-
Are tech billionaires hijacking our future? This Nobel laureate warns of Big Tech’s stranglehold on AI and democracy
•
Should our future be decided by the CEOs of Big Tech? For Nobel laureate in economics Simon Johnson, giving too much power to a handful of billionaires would come at the expense of the public interest. The British-American economist who teaches at the Massachusetts Institute of Technology also stressed that…
-
UK nightclubs face extinction as 10 venues close per month, industry warns
•
The UK’s popular nightclub scene is on the verge of collapse, with an alarming rate of 10 nightclubs closing every month, according to new research by the Night-time Industries Association (NTIA). The report warns that unless the government intervenes, the UK could see “the end of the era of generation-defining…
-
Rayner’s workers’ rights overhaul could cost employers up to £5bn annually, government warns
•
Angela Rayner’s ambitious reform of workers’ rights could burden UK employers with nearly £5 billion in extra costs every year, according to an impact assessment published by the government. The reforms proposed in the Employment Rights Bill could lead companies to raise prices, cut wages, or reduce investment as they…
-
Rayner’s workers’ rights overhaul could cost employers up to £5bn annually, government warns
•
Angela Rayner’s ambitious reform of workers’ rights could burden UK employers with nearly £5 billion in extra costs every year, according to an impact assessment published by the government. The reforms proposed in the Employment Rights Bill could lead companies to raise prices, cut wages, or reduce investment as they…