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The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise
UK NewsBusiness

The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise

Studies from hotspots across Europe that have introduced levies suggest they have no impact on visitor numbersIf you wandered down Las Ramblas or lazed on a beach in the Balearics this summer, you pro...

The Guardian - UK News2 months ago
Why are we giving a £24bn-a-year subsidy to profitable commercial banks? | Letter
UK NewsPoliticsBusiness

Why are we giving a £24bn-a-year subsidy to profitable commercial banks? | Letter

Gerald Holtham suggests that it time to cut the 3.75% that the Bank of England pays out on the lenders’ reservesThere are increasing calls for a windfall tax on banks (Taxing the banks: what Europe’s...

The Guardian - UK News2 months ago
Primark to launch home delivery service despite ‘challenging’ market
UK NewsBusiness

Primark to launch home delivery service despite ‘challenging’ market

Chain has long avoided deliveries in Great Britain but says a shift now offers ‘opportunity for profitable growth’Business live – latest updatesPrimark will offer home delivery in Great Britain for th...

The Guardian - UK News2 months ago
Ryanair will dispute passenger’s claim he was sucked out of window
UK NewsBusiness

Ryanair will dispute passenger’s claim he was sucked out of window

CEO Michael O’Leary tells reporters the businessman was sucked ‘towards’ but not out of the openingRyanair has said it will be “disputing” that any part of a passenger’s body was sucked outside when a...

The Guardian - UK News2 months ago
UK ministers explore raising price of water for industrial users amid shortages
UK NewsPoliticsBusiness

UK ministers explore raising price of water for industrial users amid shortages

Environment Agency says talks under way about increasing prices for industrial users to try to reduce poor water managementMinisters are exploring making water more expensive for some users, in the fa...

The Guardian - UK News2 months ago
John Lewis losses widen to £124m as shopper confidence dips
UK NewsBusiness

John Lewis losses widen to £124m as shopper confidence dips

Retailer says first half was a tougher market than it expected, though Waitrose grew salesBusiness live – latest updatesLosses at the owner of John Lewis and Waitrose widened by more than 40% in the f...

The Guardian - UK News2 months ago
Iceland to become first UK high street retailer to open shop in Falkland Islands
UK NewsBusiness

Iceland to become first UK high street retailer to open shop in Falkland Islands

Boss Richard Walker is ‘proud to be backing Britain’ with a store in the capital, StanleyBusiness live – latest updatesThe supermarket chain Iceland has said it will open a shop on the Falkland Island...

The Guardian - UK News2 months ago
JP Morgan boss meets Burnham and Healey to warn against bank tax rise
UK NewsPoliticsBusiness

JP Morgan boss meets Burnham and Healey to warn against bank tax rise

Jamie Dimon tells UK politicians before October budget that investment could be at risk, it is understoodJamie Dimon, chief executive of the largest US bank, JP Morgan, is understood to have warned An...

The Guardian - UK News2 months ago
‘Fundamentally unfair’: Burnham must overhaul migration reforms, says TUC general secretary
UK NewsPoliticsBusiness

‘Fundamentally unfair’: Burnham must overhaul migration reforms, says TUC general secretary

Paul Nowak says changes to immigration rules risk overstretching social care and fuelling far-right sentimentAndy Burnham must overhaul Shabana Mahmood’s migration reforms or risk overstretching socia...

The Guardian - UK News2 months ago
Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work
UK NewsPoliticsBusiness

Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work

Threshold pushes some to reduce hours or stop working to avoid losing entitlement, report warns John Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid emplo...

The Guardian - UK News2 months ago
Oil prices rise above $100 a barrel for first time since July as Iran war escalates
UK NewsBusiness

Oil prices rise above $100 a barrel for first time since July as Iran war escalates

Brent crude up by more than 3% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi citiesThe price of oil has risen above $100 a barrel for the first time since July as the escal...

The Guardian - UK News2 months ago
‘Baggage reclaim was pandemonium’: passengers hit by airport IT chaos in UK recount their ordeals
UK NewsBusiness

‘Baggage reclaim was pandemonium’: passengers hit by airport IT chaos in UK recount their ordeals

From hours stuck on planes awaiting takeoff, to sleeping the night on the floor at Heathrow. Here are some travellers’ experiencesMore than 2,000 flights have been cancelled after an air traffic contr...

The Guardian - UK News2 months ago
Air traffic control boss given a week to report after UK flight chaos causes 2,000 cancellations
UK NewsPoliticsBusiness

Air traffic control boss given a week to report after UK flight chaos causes 2,000 cancellations

Government remains confident in under-pressure Martin Rolfe but transport secretary believes glitch was avoidableHow have you been affected by UK air traffic disruption?The head of the air traffic con...

The Guardian - UK News2 months ago
UK airport disruption: what are your rights if you have been affected?
UK NewsBusiness

UK airport disruption: what are your rights if you have been affected?

The software failure that affected the air traffic control system on Tuesday has been resolved, but disruption continues into WednesdayNats boss summoned by UK transport secretary as flight chaos ente...

The Guardian - UK News2 months ago
Supercar maker McLaren to create 1,000 UK jobs in £450m tech investment
UK NewsBusiness

Supercar maker McLaren to create 1,000 UK jobs in £450m tech investment

New roles at Woking-based centre a welcome boost to ailing automotive industryThe British supercar manufacturer McLaren is to create 1,000 jobs in a welcome boost to the UK’s struggling automotive ind...

The Guardian - UK News2 months ago
UK datacentres will create just 25% of jobs predicted by tech sector, analysis finds
UK NewsPoliticsBusiness

UK datacentres will create just 25% of jobs predicted by tech sector, analysis finds

Facilities likely to employ 10,400 workers, compared with 40,000 in industry estimates, thinktank saysDatacentres in the UK will create just a quarter of the jobs predicted by the tech sector, while c...

The Guardian - UK News2 months ago
UK air traffic control chaos disrupts flights for hundreds of thousands of passengers
UK NewsBusiness

UK air traffic control chaos disrupts flights for hundreds of thousands of passengers

More than 1,000 flights cancelled with problems continuing on Wednesday and airlines calling for overhaul after third incident in just over three yearsUK airport disruption: what are your rights?Fligh...

The Guardian - UK News2 months ago
More than 600 UK flights cancelled after air traffic control ‘technical issue’ – as it happened
UK NewsBusiness

More than 600 UK flights cancelled after air traffic control ‘technical issue’ – as it happened

National Air Traffic Services apologise for technical issue disrupting departures today, which Flightradar24 say has caused hundreds of cancellationsAir traffic control issue causes flight delays and...

The Guardian - UK News2 months ago
UK government pays highest interest rate on 30-year bond since 1998
UK NewsPoliticsBusiness

UK government pays highest interest rate on 30-year bond since 1998

High yields threaten to wipe out at least half of the £24bn headroom John Healey was expecting to have for his budgetThe UK government was forced to pay the highest interest rate for a 30-year bond si...

The Guardian - UK News2 months ago
UK retailers aim to create 100,000 jobs for young people out of work
UK NewsBusiness

UK retailers aim to create 100,000 jobs for young people out of work

In partnership with DWP, firms such as John Lewis and M&S plan to offer 18- to 24-year-olds placements of two to four weeksUK retailers aim to create up to 100,000 jobs for young people not in employm...

The Guardian - UK News2 months ago