Seaside resort where ‘tourists are priced out’ while businesses ‘hold on’

Businesses in one of Cornwall’s most iconic coastal towns are reportedly in “survival mode” as a decline in tourism leaves large numbers of holiday homes empty, with the community “trying to keep its head above water” as locals struggle to find homes to rent or buy. Cornwall has long been one of the UK’s most … Read more

The best and worst car rental companies for summer 2024 named by Which?

Which? has ranked the best and worst car rental companies for this summer – and Goldcar is at the bottom of the list as it is in 2023. The consumer group surveyed more than 2,000 members of the public and its members and asked them to rate their experiences of using car rental companies and … Read more

Small UK businesses are calling for new repayment terms for Covid loans

Jess Christman, who runs a Scottish timber business, recalls banks “throwing money at him” during the Covid-19 pandemic as Rishi Sunak, then the chancellor, tried to help small businesses avoid collapse. Christman, who runs Black Isle Firewood, near Inverness, which produces firewood, sawn timber and huts for the tourism market, eventually took out a government-backed … Read more

The red tape will cost British businesses billions

Labor plans more than 60 regulatory increases that would saddle businesses with tens of billions in extra costs, an analysis shows. The Institute for Economic Affairs (IEA) said Labor would increase red tape in a range of areas, from accelerating the ban on petrol cars to imposing energy efficiency standards in rental properties. In a … Read more

Labor promises to ‘raise the shutters’ on small businesses – BBC News

Image source, Getty Images June 7, 2024 Updated 5 hours ago Labor has promised to overhaul the business rates system to revitalize the High Street if elected at the UK general election. The party did not specify what will replace the current business rates system, but said reforms would level the playing field for high … Read more

Labor promises to ‘raise the shutters’ on small businesses

Labor has promised to overhaul the business rates system to revitalize the High Street if elected at the UK general election. The party did not specify what will replace the current business rates system, but said reforms would level the playing field for high street businesses against online rivals. The party has first presented a … Read more

MARKET REPORT: Oil companies tumble as crude falls to four-month low

Oil prices fell to their lowest level in four months on concerns over plans to increase supply even as demand cools. After falling 3 percent on Monday to below $80 a barrel, Brent crude was on the decline again yesterday, falling another 2 percent to $77. That was the second day of losses since the … Read more

‘Socialist’ London has lost its mojo, says Wizz Air boss

The prospect of Váradi receiving his £100m bonus, first promised in 2021, is vague. Under the terms of the deal, the Wizz chief must increase the company’s share price to £120 by 2028 to unlock the prize. Váradi, 58, will put those concerns behind him on Tuesday, when the airline celebrates its 20th anniversary at … Read more