Record number of buy-to-let landlord companies set up in 2020 – beaten only by online shopping firms

A record number of buy-to-let landlords set up holding companies for their properties last year, in a bid to swerve higher taxes.  There were 41,700 new companies were formed in 2020 – an increase of 23 per cent on 2019, according to estate agent Hampton International.  Buy-to-let incorporations were the second most common type of … Read more Record number of buy-to-let landlord companies set up in 2020 – beaten only by online shopping firms

Scottish seafood firms are ‘days from collapse’

Scottish seafood firms are just ‘days from collapse’ unless emergency cash is paid out to compensate for the Brexit border chaos, industry leaders have warned – as one fishermen threaten to dump tons of rotting stock outside No10.  Desperate bosses said they face imminent closure as they urged Boris Johnson to deliver on his pledge to finally … Read more Scottish seafood firms are ‘days from collapse’

Insurance firms MUST pay out to firms that lost cash to Covid

Tens of thousands of small businesses will now receive insurance payouts worth as much as £1.2billion to cover losses in the first national lockdown following a landmark Supreme Court ruling this morning. Cafes, pubs, beauty parlours, holiday firms and wedding planners are among the 370,000 businesses that will benefit from the payouts. It is unclear … Read more Insurance firms MUST pay out to firms that lost cash to Covid

Can an estate agent hold back my house offer if I don’t use their firm’s finance adviser?

I am searching for a new home in Kent, where I live. I recently saw a terraced house that I liked on Rightmove and went for a viewing. Afterwards, I decided to make an offer. I approached the vendor’s estate agent, Miles & Barr. When I told them my offer, the agent I spoke to … Read more Can an estate agent hold back my house offer if I don’t use their firm’s finance adviser?

How telecom firms are helping their customers this lockdown 

With the UK now well into its third national lockdown, many are still working from home while parents are back to home schooling children. Technology is essential to help keep households working, learning and entertained.  However, it is still an uncertain time for millions with households around the country struggling financially. Some internet firms are … Read more How telecom firms are helping their customers this lockdown 

Travel firms report surge in bookings from over-50s because of vaccine

Holiday firms are reporting an explosion in ‘grey pound’ bookings from Easter onwards as Britain’s millions of over-50s plan multiple breaks away because of ‘vaccine confidence’ and the likely scrapping of travel restrictions. Tui, the UK’s biggest package holiday company, said today that more than half of online bookings this week to places such as … Read more Travel firms report surge in bookings from over-50s because of vaccine

Carillion bosses face a 15-year ban from managing firms

Carillion bosses face a 15-year ban from managing firms as new Business Secretary Kwasi Kwarteng makes a bold move Carillion went bust in January 2018 after racking up heavy debts  Those facing legal action include the former chairman and two chief executives The case could see them banned from managing firms between 2 and 15 years … Read more Carillion bosses face a 15-year ban from managing firms

Boris vows to crackdown on free school meal firms after meeting with Marcus Rashford

Boris Johnson told footballer Marcus Rashford this morning paltry school meal hampers were ‘unacceptable’ – as one teacher admtted spending as little as £1 per meal rather due to ‘overheads’. The Prime Minister spoke to the Manchester United footballer following 48 hours of appalling images of sorry-looking groceries went around the internet. It came as … Read more Boris vows to crackdown on free school meal firms after meeting with Marcus Rashford

ALEX BRUMMER: How retail has defied the odds with some firms doing splendidly 

ALEX BRUMMER: How retail has defied the odds with some firms doing splendidly By Alex Brummer for the Daily Mail Published: 22:05 GMT, 12 January 2021 | Updated: 22:22 GMT, 12 January 2021 The pandemic is throwing up the unexpected when it comes to the economy. Ben Broadbent notes that 2020 may be the weakest … Read more ALEX BRUMMER: How retail has defied the odds with some firms doing splendidly 

Dominic Raab warns UK firms they face fines if they are linked to sickening forced labour in China

Dominic Raab blasts ‘harrowing’ human rights abuse by China against Uighur minority as he warns UK firms they face fines if they are linked to sickening forced labour Firms will have to prove their supply chains are free from forced labour in China The Beijing government has been accused of widespread abuse in Xinjiang Members … Read more Dominic Raab warns UK firms they face fines if they are linked to sickening forced labour in China