KPI FYI Spring 2024

KPI ON CUE TO SUPPORT PROFESSIONAL WOMEN’S POOL PLAYER LYNDSEY ROBERTS IN FIRST YEAR AS A PRO

How does he pay for this? Funding his £12.6bn a year of tax cuts, the Chancellor set about the people most politically expendable, i.e. Non-dom tax avoiders, energy companies and vapers. These measures should raise nearly £7bn by the end of 2028 and included: • reforming non-domiciled tax status • extending the oil and gas windfall tax for an additional year • adding a new tax on vaping • increasing the levy on non-economy class air travel • raising tax on furnished short-term home lets KPI MD Ryan Jardine said, “The budget offered a bit less than we were hoping for in terms of help for businesses, although there is some welcome encouragement for workers and those looking to get into work. It’s doubtful that these somewhat conservative (with a small c) measures will change the trajectory for the economy or the election. Whilst KPI has enjoyed an encouraging start to the year, the new business we’ve won is more about our unique offering rather than a booming UK economy.” Budget Reaction: Final Punt from Mr Hunt?

UK Chancellor Jeremy Hunt has served the final Budget of the current governmental tenure. With the Conservatives looking unlikely to get in for another term, we may have expected him to throw some money around to woo consumers and businesses. Unfortunately for Mr Hunt, the cupboard is pretty bare. And after the tumultuous demise of his predecessor, the Chancellor probably (rightly) thought that gimmicks and flashy tax cuts were too much of a gamble. Heartening news for employers That said, there was good news for tax-payers with 2 pence deducted from National Insurance, which is also heartening news for employers, who will hopefully benefit from lower wage rises to cash-strapped workers and also see more people applying for lower-earning jobs as the deduction is designed to remove, as the Chancellor termed it, the “penalty on work.” Other good news took a somewhat less exciting tone with freezes rather than reductions with fuel duty & alcohol duty the same for another year. The salary threshold at which child benefit is withdrawn has increased though from £50k to £60k which will relieve more pressure for the squeezed middle.

KPI’s Managing Director Ryan Jardine said, “As a big supporter of local sports, sponsoring Lyndsey was an easy decision. Our relationship with Lyndsey and Dishers goes back a long way and it’s not often we can say we have one of the best in the world on our doorstep. Lyndsey shows immense dedication to the sport every day.” Lyndsey will continue her campaign at Events 3 & 4 at the Grand Hotel in Blackpool in April. There are five weekend stops, with two Pro Series events

Lyndsey Roberts is aiming to beat off tough competition in this year’s Women’s Ultimate Pool Professional Series which sees the top 32 ranked women players from 2023 compete in the newly formed Pro section across 10 tournaments over 5 weekends during 2024. Lyndsey, who owns Dishers Pool & Snooker Club in Crewe, has started the year ranked number seven in the Women’s Pro Series and will be vying to overcome all the top seeds including close friend and roommate Amy Beauchamp (seed number 1). Amy beat Lyndsey in the Final of the Grand Final of 2023 and Quarter Final of the first tournament in February 2024. Lyndsey said, “The Ultimate Pro Series this year offers increased prize money and there’s no doubt the competition has got tougher. It’s thanks to support from sponsors like KPI that I’m able to compete in this Series. Finding time to put the hours in on the practice table is hard when you’re running a business, but we’ve had a new table put in to allow me to focus on my preparation for each tournament.”

taking place at each one. The remaining dates are: Events 3 & 4 | April 5-7 Events 5 & 6 | June 14-16 Events 7 & 8 | September 20-22 Events 9 & 10 | November 22-24

The winner of each event takes home £1,800 with the runner-up collecting £900, semi-finalists £500 and quarter-finalists £250. You can find out more about the Ultimate Pool Women’s Pro Series here. Follow Lyndsey’s progress through this year’s Women’s Ulimate Pool Pro Series by following KPI on Facebook, X, Linkedin and Instagram.

5

4

www.kpir.co.uk

www.kpir.co.uk

Made with FlippingBook Ebook Creator