Federal Reserve announces biggest interest rate hike since 2000
The Federal Reserve moved to tamp down soaring inflation in the US on Wednesday, announcing the sharpest rise in interest rates in over 20 years. The Fed’s benchmark interest rate was raised by 0.5 percentage points to a target rate range
Brexit import checks delayed for fourth time
The government has delayed introducing more checks on EU goods entering the UK over fears it will disrupt supply chains and add to rising inflation. New import controls on EU food products had been due to begin in July. The government said
Bentley puts foot down on recruiting 100 engineers as it accelerates path to full electrification
Bentley Motors has announced a recruitment drive for 100 talented engineers as the luxury marque accelerates its forward-thinking Beyond100 strategy, the boldest plan of its kind in the sector. Working across multiple disciplines within engineering, a key responsibility will be to support delivery of the
65% of UK employees would take a pay cut for a four-day work week
Owl Labs, a global collaborative technology company, today launched its annual State of Hybrid Work study which reveals that flexibility is key to retaining top talent in 2022 and beyond. 65% of British employees would rather be paid less than work
Employees who claimed home office tax relief during the pandemic could end up paying more tax this year
Employees who have been claiming “Home Office Relief” during the Covid 19 Lockdown should be urgently reviewing their tax codes to clarify whether HMRC have included the relief within their notice of coding. Robert Salter, a client tax director with leading
Be prepared for the Metaverse
In the beginning there was Web 1.0 (web browsers with pictures, colours, audio and eventually video), and then Web 2.0 or the social element of the web (social networks, for instance), and now Web 3.0 is emerging as a new
Britain’s outstanding SME’s celebrated at inaugural Business Champion Awards
Britain’s outstanding nationwide SME’s recognised in glittering award’s ceremony. The inaugural British Champion Awards, developed as a life-long dream from Group Managing Director of Capital Business Media, Richard Alvin, speaking after the event, he was thrilled with the results: ‘At Business Matters
UK grants 760 visas to fleeing Ukrainians with 22,000 applications ‘on their way through’
Some 760 visas have been granted for Ukrainians to come to the UK, Cabinet minister Grant Shapps said this morning. The Transport Secretary defended the UK’s record on providing an escape route for Ukrainians and insisted that the country’s president Volodymyr
ITV to take on Netflix, Amazon and Disney+ with new streaming service
ITV is to launch a new streaming service combining ad-funded and subscription TV shows and films as it aims to become a “national champion” in the battle for British viewers with US streaming giants including Netflix, Amazon and Disney+. ITV, which
Secrets of Success: Zaffrin O’Sullivan, Five Dot Botanics
As the world becomes more conscious and aware, Zaffrin O’Sullivan fills a niche … Five Dot Botanics formulate and manufacture natural plant-based vegan-certified skincare with an emphasis on minimal ingredients, five to be precise. Business Matters goes behind the scenes to