Revolution Bars cheers Budget help for hospitality sector as it reveals plans to reopen all premises by mid-May Revolution it has ‘more than enough’ liquidity to keep going until May 17 CEO Rob Pitcher warned though that hospitality ‘remains on the critical list’ The budget gave a six-month extension to the 5% VAT rate for … Read more
Elon Musk has his hands in the automotive industry, space market and solar panel business, but according to a recent tweet he may soon be adding city building to the list. The SpaceX CEO announced a new plan on Twitter that involves creating a ‘the city of Starbase’ in Texas. Twitter users jumped at the … Read more
Campaigners have reacted with dismay to the news the Treasury does not plan to reduce the Lifetime Isa withdrawal penalty for another 12 months. The news means aspiring first-time buyers will again be charged their own money from April to raid their house or retirement deposits if they run into financial difficulty and need to … Read more
The Chancellor announced plans for ‘green growth’ in his Budget today – but they were criticised for being ‘way short’ of the action required to tackle climate change. Rishi Sunak heralded a new national infrastructure bank in Leeds with £12billion to finance a green industrial revolution and £15billion of new green gilts this year. There … Read more
The furlough scheme that has cost Britain £53billion will be extended to the end of September as Rishi Sunak vows to do ‘whatever it takes’ to help the economy recover. In today’s Budget, the Chancellor will extend the job protection scheme for an extra five months beyond the current deadline at the end of April. … Read more
NHS workers could be forced to have Covid jabs under plans being discussed by ministers. The Mail can reveal that a review of vaccine passports will consider whether health staff who decline an injection could be legally obliged to have one. The review is also expected to look at whether compulsion should apply to care … Read more
Spain is considering its own ‘green corridor’ for vaccinated Britons to allow them to visit this summer if there is no EU agreement on vaccine passports, the country’s tourism minister has said. Fernando Valdés said his government is in talks with the UK about making travel easier between the two countries in time for the summer … Read more
Pre-paid funeral deals will have to include a service to mark a loved one’s death in future under plans to crack down on rip-off providers. There will also be bans on cold calling, expensive add-ons and kickbacks to middlemen, to prevent people being mis-sold unsuitable funeral plans. The clampdown on firms that tout poor deals … Read more
Space startup Rocket Lab is taking on Elon Musk‘s SpaceX with a huge new reusable rocket called Neutron that could be used to transport humans to space. The California and New Zealand based firm has merged with a special-purpose acquisition company to go public, valuing the joint venture at $4.1 billion. Rocket Lab will use … Read more
English Channel people smugglers could get LIFE sentences under plans from Priti Patel to crack down on the trade Priti Patel introducing life sentences for those smuggling people across Channel Miss Patel concerned that penalties being handed down by the courts too short Home Office have scaled up the use of criminal offences against migrants … Read more