Author: britishbulletin.com
Rachel Reeves has been warned that her proposed six-month deadline for paying inheritance tax on unused pension pots risks creating serious problems for families administering estates.The House of Lords economic affairs committee called on ministers to extend the payment window to 12 months when new regulations take effect from April 2027.In its report, the committee said a longer deadline would give personal representatives a realistic chance of meeting their legal obligations.It said: “Extending the timeframe would mean diligent personal representatives have a more realistic opportunity to comply in the timeframe”.The committee said the current proposals place an impractical burden on…
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UPS will cut up to 30,000 jobs this year as it accelerates a strategic retreat from delivering parcels for Amazon, while also closing 24 facilities as part of a sweeping overhaul of its global network.The company said Amazon deliveries had become “extraordinarily dilutive” to profit margins, even though the online retailer remains its largest customer. The planned job losses amount to around six per cent of UPS’s global workforce of roughly 490,000 employees, with most reductions affecting staff involved in parcel handling and transportation.This comes after Amazon themselves mistakenly announced job cuts as part of a wider restructuring plan.Chief financial…
Karren Brady, 56, breaks silence on weight loss as BBC The Apprentice star addresses Ozempic rumours
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Marc Waddington North West Investigations Dr Faisal Maassarani, seen here in a health programme in 2018, spent £3.5m buying an asylum seeker hotelMore than 100 people were threatened with eviction from their homes to make way for asylum seekers after companies linked to a prominent GP went into the migrant accommodation market.Firms connected to Dr Faisal Maassarani became landlords of Serco hotels in 2022 when asylum applications were almost at a 20-year high.But soon after a hotel in Seel Street in Liverpool owned by one of the firms was found to be unsuitable, people in one of their Liverpool housing…
Six-time major champion Iga Swiatek says players are being watched “like animals in the zoo” by behind-the-scenes cameras at the Australian Open.Coco Gauff was captured smashing her racquet in a corridor in the players’ area at Melbourne Park on Tuesday, leading the American to call for more privacy.The Australian Open has shown footage from the players’ zone in the bowels of Rod Laver Arena – which includes the gym, warm-up area and the corridor from the locker room – since 2019.Camera access is more restricted at the other majors.”Are we tennis players, or are we animals in the zoo where…
The oldest rollercoaster in Britain has shut down after over 100 years. The Scenic Railway at Dreamland in Margate, Kent has been closed down indefinitely.Park officials confirmed the rollercoaster will no longer operate as a ride, adding they are looking for new ways it can be used.Theme park enthusiasts and local councillors have derided the decision, accusing bosses of “killing the tradition of Dreamland being a theme park.”In a public statement, a Dreamland spokesman said: “The Scenic Railway has completed its journey as a rollercoaster and will now take well-earned retirement from operation as a ride.”This is not the end…
Sir Keir Starmer leaves behind the row over Andy Burnham’s return to Parliament and the chatter among his MPs about who should replace him and has landed this morning in China with the heads of 50 British businesses in tow.After the Prime Minister’s visit to the White House last February this is the most consequential visit of his premiership so far.And it is historic – the first by a UK PM since Theresa May in 2018.Number 10 aides are keen to highlight this – and point to the fact that the Germans have sent their political leaders to China four…
The Prince and Princess of Wales’s new CEO has shared a personal update ahead of starting her role at The Royal Foundation.Sarah Henwood will take the helm of the foundation next week, bringing with her three decades of experience in public service broadcasting.The former Channel 5 President and UK Regional Lead at Paramount described her feelings about joining Prince William and Catherine on LinkedIn as filled with “awe, excitement and a fresh energy.”Mrs Henwood reflected on her career transition by stating: “But now it’s time for something completely different.”Prince William and Princess of Wales’s new CEO confirms personal update ahead…
Amazon has inadvertently confirmed a fresh wave of global job cuts after a draft internal message from a senior executive was mistakenly shared with staff.The communication was authored by Colleen Aubrey, a senior vice president at Amazon Web Services, and circulated via a calendar invitation sent by an executive assistant on Tuesday evening.The message referred to employees in the United States, Canada and Costa Rica losing their roles as part of efforts to strengthen the technology company.The correspondence was withdrawn shortly after it was sent in error.Amazon declined to comment when contacted about the disclosure.Employees had not received any formal…
