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Letter from London: Spring Statement

Letter from London: Spring Statement

Time will tell whether this week’s spring statement enables Chancellor of the Exchequer, Rachel Reeves, successfully to reset the UK government’s economic strategy. Few commentators predicted the torrid baptism of fire that has beset the Labour administration after it...

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Staff cost hikes set to demolish builders

Staff cost hikes set to demolish builders

Construction companies continue to top the insolvency tables month-on-month, but a new report by sector experts predicts a new spike prompted by imminent hikes in National Insurance (NI) and minimum wage costs. Turner & Townsend’s (T&T) UK Market...

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Retailers batten down the hatches for storm ahead

Retailers batten down the hatches for storm ahead

There is no sign of the post-Covid bloodbath on the High Street ending anytime soon. That’s certainly the view of UK retailers as they scale back investment plans, faced with the very real prospect of administration. The Confederation of British Industry (CBI) reveals...

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Three Kings, Fifty Years and One Big Cake

Three Kings, Fifty Years and One Big Cake

The English National Opera at the Coliseum is no stranger to the UK’s leaders, captains of industry and those at the top of their respective trees. Sometimes they attend to be seen, to network with other bigwigs or even just to enjoy an evening of great music. The...

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Tougher sanctions duties for IPs

Tougher sanctions duties for IPs

Understandably, Insolvency Practitioners (IPs) have been added to the ‘relevant firms’ that are subject to the sanctions reporting requirements. We join banks, accountants (which many of us are, too), lawyers, estate agents and even crypto agents. So what are we now...

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