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RUTH SUNDERLAND: Time for a VAT cut, Chancellor

RUTH SUNDERLAND: Time for a VAT cut, Chancellor

by The Baffled Entrepreneur | Jun 28, 2020 | Daily Mail

Chancellor Rishi Sunak is understood to have cooled on the idea of reducing the levy, and to want to wait and see how consumers respond to the gradual lifting of lockdown.
Investor that torpedoed Intu wants Trafford Centre sale

Investor that torpedoed Intu wants Trafford Centre sale

by The Baffled Entrepreneur | Jun 28, 2020 | Daily Mail

The Canada Pension Plan Investment Board, which was one of Intu’s lenders, took control of the mall near Manchester rather than agreeing to give the company more than a year to pay back its debts.
Manufacturing to suffer coronavirus hit until 2022

Manufacturing to suffer coronavirus hit until 2022

by The Baffled Entrepreneur | Jun 28, 2020 | Daily Mail

The sector could take a hit of up to £36billion this year in a worst-case scenario as investment plunges and demand for many products grinds to a halt. Car makers have been the worst hit sub-sector.
Turnover plunges at Cambridge Satchel Company

Turnover plunges at Cambridge Satchel Company

by The Baffled Entrepreneur | Jun 28, 2020 | Daily Mail

The firm, whose bags are a favourite of Louise Redknapp, made a loss of £1.4m in the year to June 2019 – down from £1.5m in 2018 – as sales fell everywhere, including by £800,000 in the UK.
Pay-gap shame of firms taking coronavirus state support

Pay-gap shame of firms taking coronavirus state support

by The Baffled Entrepreneur | Jun 28, 2020 | Daily Mail

In research that shames boardroom excess, chief executives at some of Britain’s biggest companies were found to be earning 200 times more than their average employee.
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