business

First designs for £275m HS2 Midlands nerve center

The project is a key site for HS2 and will see a 30-hectare brownfield site transformed into the nerve center of the high speed railway line. A contractor will be selected next Autumn for the job to build a Maintenance Building, Network Integrated Control Center (NICC) and Cleaners and Drivers Building. Turkish construction giant Gulermak …

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ATM scam: Police warning as Brits see cash withdrawn for their accounts

POLICE have issued an urgent scam warning to anyone who uses an ATM. People who use a cash machine anywhere in the UK have been warned after police uncovering a new type of theft where bank cards are taken in by the machines and duplicated for scammers to use. Hertfordshire Constabulary told residents to be …

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BT workers vote on strike that could disrupt internet services for remote workers

People working from home are facing “clear disruption” to internet services as thousands of BT workers vote this week to go on strike. As many as 45,000 engineers and call center staff will decide whether to begin industrial action in as little as two weeks’ time. This makes up the vast majority of the company’s …

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Aer Lingus Regional to start 2 new routes from Belfast

Emerald Airlines, which operates Aer Lingus Regional services, it to start two new routes to Cardiff and Southampton from its Belfast City Airport base from July 7. The airline already flies to Birmingham, Edinburgh, Leeds Bradford, Glasgow, Exeter, and Manchester from Belfast. With the addition of Cardiff and Southampton, Aer Lingus Regional will now operate …

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I’m a Superhost in St Ives – why does no one want to rent my Airbnb?

I can hear the anti-Airbnb crowd gleefully muttering “First World problems. Suck it up.” Yet, while I am disappointed, I am not particularly surprised: after two years at home, punters arguably fell out of love with the UK almost as quickly as they had fallen in love with it, thanks to the cost of living …

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The companies offering the highest salaries in the UK

tech vs finance Young people at the start of their careers focused on making a six-figure salary may find themselves torn between finance and the technology sectors. These were almost neck-and-neck in Glassdoor’s data: while seven of the top 20 firms for average base salaries were in financial services, nine were tech firms. The tech …

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UK financial watchdog investigates Wise chief over tax default

The UK’s Financial Conduct Authority has launched an investigation into Kristo Käärmann, the co-founder and chief executive of payments app Wise, over deliberately defaulting on tax payments. The investigation comes after HM Revenue & Customs included Käärmann, a billionaire, on a list of individuals who had received a penalty over the matter, in a document …

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British microchip factory faces shutdown if China deal approved, ministers warned

Britain’s biggest microchip factory is likely to be closed and production shifted to Shanghai if ministers allow a Chinese takeover of the business to go ahead, a report has warned. Researchers at the Policy Exchange think tank claimed there was a “strong possibility” that Newport Wafer Fab’s new owner, Nexperia, will in future seek to …

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FCA investigates Wise co-founder after tax default | financial sector

The UK’s financial regulator is investigating the co-founder of payments company Wise after he failed to pay his taxes. Kristo Käärmann was included on HM Revenue and Customs’ list of deliberate tax defaulters in September 2021, after failing to comply with his tax obligations. He failed to pay £720,495 for the 2017-18 tax year and …

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