Author: Sam Allcock

Liverpool’s response to Labour’s latest budget is overwhelmingly positive. With targeted funding and devolution, local leaders see a pathway to economic rejuvenation. This shift empowers communities to shape their future.Labour’s budget is not just a financial plan—it’s a catalyst for change. By prioritising local needs, it offers Liverpool the opportunity to address previous economic challenges and foster sustainable growth.Metro Mayor’s Support for DevolutionMetro Mayor Steve Rotheram has expressed strong support for the new devolution measures introduced in Labour’s budget. He sees these steps as instrumental in driving economic growth for the Liverpool City Region. With similar financial agreements established for…

For many, the holiday season is synonymous with spending and gift-giving, but for some, it is also a time to earn extra income. Millennials, in particular, have taken to various side hustles to boost their earnings during this festive period. These activities are not only rewarding but also prove the entrepreneurial spirit thriving among young generations.This article explores the diverse range of holiday side jobs millennials are venturing into, highlighting potential earnings and the creativity involved. From traditional services like gift wrapping to more tech-savvy methods, there’s a hustle for every skill set. With potential earnings surpassing £3,000 monthly, these…

Amidst anticipation, the Chancellor has rolled out a robust plan to bolster the UK’s tech and creative sectors. This substantial investment is intended to propel the nation into a future-ready economy, emphasising sustainability and innovation.Focusing on key areas, the budget funds are earmarked for industries like gigafactories and green hydrogen. The strategy aims to leverage the National Wealth Fund, illustrating the government’s commitment to growth.Investment in Future IndustriesThe Chancellor’s Autumn Budget has promised substantial backing for the UK’s tech and creative sectors. As part of the budget, key investments will be made through the National Wealth Fund. This fund aims…

Womble Bond Dickinson has recorded notable profit growth over a shortened financial trading period, following strategic changes within the firm. Despite a decrease in turnover, operating and pre-tax profits have increased, highlighting the firm’s effective management.This profit rise comes seven years after the firm’s merger, signifying successful integration and synergy in operations across the UK and US. The firm’s strategic investments and expanded client engagements are pivotal to its sustained growth.Overview of Financial PerformanceThe law firm Womble Bond Dickinson has demonstrated sustained financial growth, despite adjusting its accounting reference date which shortened the financial trading period to 11 months. In…

Chancellor Rachel Reeves has presented a new budget plan, proposing a significant £40 billion tax increase. This initiative aims to tackle pressing economic challenges that have been inherited. The approach centres on investment and financial stability, marking a major shift in fiscal policy. By addressing past missteps, Reeves is keen on reinforcing the nation’s financial health.The budget announcement has sparked varying reactions across the political spectrum. Notably, it is the first Labour budget since 2010 and the first ever delivered by a woman. Reeves has prioritised transparency and accountability, addressing issues left by previous administrations. Amidst the political debates, the…

GSK has experienced a notable profit decline following significant charges from the Zantac litigation settlements. Despite this, the company maintains a confident financial forecast for 2024.The pharmaceutical leader upholds its core outlook, emphasising growth in speciality medications and general pharmaceuticals. This strategic focus aims to counterbalance vaccine sale declines, illustrating GSK’s adaptive market strategies.Profit Impact of Zantac LitigationThe pharmaceutical giant has faced a significant financial hurdle owing to the legal issues surrounding its heartburn medication, Zantac. The company has taken a substantial financial hit with an £1.8 billion charge for settlements related to these lawsuits. For GSK, this has resulted…

HelloFresh has announced plans for a potential site closure in Nuneaton, affecting around 900 jobs. This proposal, if approved, will keep the facility operational until 2025. The decision, rooted in operational consolidation, reflects a strategic shift aimed at leveraging advanced technological facilities within its network.As HelloFresh navigates these challenging times, the company aims to support its employees throughout the consultation process, ensuring transparency and exploring redeployment opportunities. The proposal follows recent financial performance improvements, signalling a strategic re-evaluation in response to evolving market conditions.Closure Plans and ImpactHelloFresh has unveiled a proposal that could lead to the closure of its significant…

Hirestreet has embarked on a novel partnership with fashion behemoth ASOS, marking a significant milestone in the UK’s rental fashion scene. This collaboration is hailed as the largest of its kind, just a year following their initial venture together. The service emphasizes sustainability, allowing fashion enthusiasts to rent rather than purchase, promoting eco-conscious choices.Initiated by Isabella West in 2018, Hirestreet has grown from a small startup into a leader in fashion rental services. By collaborating with major brands, it has reshaped consumer habits towards environmentally friendly fashion options. With ASOS, Hirestreet now offers a subscription service that broadens access to…

The recent decision to raise the minimum wage by 6.7% demonstrates a significant step towards establishing a ‘genuine living wage’. This adjustment, effective from April 2025, is designed to increase the financial well-being of workers across the UK.This move, part of a broader effort by the government to support low-income earners, will enhance wages for millions. While this change is a positive development for many, challenges remain, particularly for businesses adjusting to the new economic landscape.Chancellor’s AnnouncementThe Chancellor has confirmed a 6.7% increase in the minimum wage, raising it to £12.21 per hour. This decision aligns with Labour’s manifesto promise…

Eclipse has introduced an innovative mainnet that unites the strengths of Ethereum and Solana. This fusion births the first Ethereum layer-2 (L2) network, utilising the Solana Virtual Machine (SVM) for enhanced transaction speed and reduced costs. By integrating with Solana’s efficiency, Eclipse offers a compelling proposition for developers and users alike, marking a significant milestone in blockchain technology.With its public mainnet now operational, Eclipse has rapidly gained traction with over 60 decentralised applications (DApps) and service providers. This new development enhances blockchain interaction and utility, promising a robust ecosystem. It is poised to bridge gaps in the crypto community, fostering…