The UK’s highest court is to hear an appeal by HM Revenue & Customs over two offshore schemes designed to avoid paying tax on bankers’ bonuses.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Vinyl revival generates a spike in turntable sales for John Lewis
Once seen as the domain of DJs and London hipsters, the humble record has returned to its former glory as a mainstream trend
UK manufacturing growth in sharp slowdown
Growth in the UK manufacturing sector slowed sharply in April, according to a closely watched economic survey.
Lloyds boost for Osborne as bank upgrades profit forecasts
Bank raises guidance for full-year margins, despite first-quarter profits £155m falling as Lloyds books TSB sale costs
Zoopla to buy uSwitch price comparison site
Shares in online property website Zoopla have jumped after it agreed to buy price comparison site uSwitch.
Politicians must be tougher on tax avoidance
Majority of people polled say pre-election pledges made by Tories, Labour and Lib Dems do not go far enough
RBS loses £446m as misconduct charges bite
Taxpayer-owned bank sets aside more than £850m for foreign exchange and mortgage-backed securities mis-selling fines
Netflix will have to consider ads to make a profit, says Sir Martin Sorrell
Sir Martin Sorrell, the WPP chief executive, has said he believes that Netflix will have to look at introducing advertising to become profitable.
TSB reports huge increase in quarterly profit
TSB has reported a 153 per cent quarterly increase in profits after a drive to boost lending as the challenger bank seeks to win market share from its larger rivals.
UK house price growth hits 10 month high in April says Nationwide
British house prices rose in April at the fastest monthly pace since last June, a survey from mortgage lender Nationwide showed on Wednesday reports Reuters, in another sign the housing market might be starting to regain momentum.
Sainsbury’s denies wrongdoing as CEO sentenced to two years in Egyptian jail
Chief executive of supermarket giant Sainsbury’s Mike Coupe has been sentenced to two years in prison for alleged embezzlement.
Barclays sets aside a further £1bn over forex rigging & PPI mis-selling
Barclays has been forced to set aside almost another £1bn as it braces for a fine for rigging foreign exchange markets and to prepares to pay more in compensation for mis-selling payment protection insurance.
Abercombie & Fitch scraps half naked male models
Clothing retailer Abercombie and Fitch is scrapping the use of half-naked male models to advertise the brand.
DVLA driving licence paperless change could result in car chaos this summer
With the government agency abolishing the paper counterpart that currently accompanies all UK photocard licences fears are growing those hiring cars overseas may be turned away
Soho’s on trend as London Fashion Week decides Somerset House is so last season
London Fashion Week is leaving its home at Somerset Home to take up a new venue in Soho.
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