Business
UK firms ‘face £34bn VAT bill’ for transporting goods across EU countries
It comes as thousands of lorries queued for miles on Kent roads as businesses sought to transport their goods into the EU before the end of the transition period.
Serco: As revenues to hit £3.9bn this year it has finally agreed to return furlough cash
The company faced a backlash from politicians and unions earlier in the year when it first floated the idea of paying out a dividend from excess profits made from its services during the pandemic.
Brexit: Public urged not to panic-buy as retailers ‘have no choice’ but to pass on price rises to customers
“With many people’s finances already strained by the economic impact of coronavirus, households can ill-afford a significant rise in food prices."
Walmart received £1.1bn Asda dividend weeks before UK Covid lockdown
The pay-out also came weeks before grocery demand soared due to customer stockpiling as coronavirus cases started to sharply rise across the UK.
No-deal: Nissan source warns there is no Plan B as 60% of Kent businesses not prepared
"We have got the pandemic where people are hanging on by their fingertips in some areas. We have had four years to get a deal and, yes, businesses are cross.”
Nearly half of small firms to cut jobs amid Brexit as Covid-19 woes ‘push so many to the brink’
"The overwhelming view of the clients we support is they fear not being able to comply with the myriad of new regulations which could be coming down the line."
Britain in the midsts of a high street bloodbath as Arcadia collapse triggers Debenhams liquidation
Around 25,000 retail jobs now hang in the balance.
‘Moral case for the Green family to do the right thing’ and cover Arcadia pension shortfall
"If only someone had flagged up 'Sir' Philip Green's tendency to run businesses onto the ground before."
Get your wallet out Phil? 15,000 jobs at risk as Sir Philip Green’s Arcadia retail empire ‘nears collapse’
Arcadia could tumble into administration as soon as Monday, Sky News reported on Friday.