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Downtown in Business has teamed up with leading property company Bruntwood Works for the City of Birmingham Business Awards 2022.

Bruntwood Works will be the headline sponsor for the City of Birmingham Business Awards 2022, which acknowledge and celebrates companies and entrepreneurs that have made a successful and significant contribution to economic growth in the city region.

The number of higher rate taxpayers in the UK will rocket 65% in the next four years from 4.1million to 6.8million, according to the Office for Budget Responsibility.

The threshold for 40% tax has been frozen at £50,270 until April 2026. Without that freeze, it was expected the number of higher rate taxpayers would have risen steadily from 4.1m in 2021/22 to 4.8m by 2025/26. Previous OBR estimates suggested that freezing the threshold until 2026 would create an extra one million higher rate taxpayers on top of that.

A new survey of Environmental, Social, and Governance (ESG) decision makers in the US and UK, commissioned by carbon credits ratings provider, Sylvera, has found that large US corporations are ahead of large UK corporations when it comes to creating their net zero strategies.

Over three quarters (78%) of US ESG decision makers surveyed said their company has a net zero transition strategy already in place, whereas only just over half (55%) of UK ESG decision makers said the same.

Eolus and Hydro REIN have signed an agreement with MEAG regarding the sale of 75% of the shares in the 260 MW wind power project Stor-Skälsjön in Sweden.

The transaction covers 75% of the shares in the project company at an enterprise value of EUR 361.4 million (100% basis). Eolus is to sell all its shares amounting to 51% for a purchase price of EUR 18.4 million.

Runwood Homes have announce that Jeremy Richardson, the former Chief Executive of Four Seasons Health Care, will be joining the Group as Chief Executive Officer. Jeremy will take up his new role in early July. 

Gordon Sanders, Founder and current CEO of Runwood Homes, said: “On behalf of the Board of Directors, I am thrilled that Jeremy has agreed to join our business.