The former boss of Tesco has admitted paying his children to tell him if his wife shopped at rival supermarket, Waitrose.
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
Potash mine under national park will make Yorkshire farmers millionaires
At least £1bn to be paid out and 1,000 jobs created if planning application for mine is successful
Barclays investigated over claims it lent Qatar money to invest in itself
Barclays is said to be being investigated over allegations that it lent Qatar money to invest in itself during the financial crisis, so avoiding a government bail-out.
Tax chiefs hit back at criticism over avoidance
Tax chiefs at the big accountancy firms have defended themselves against claims they are behind avoidance schemes that damage the UK’s interests.
Barclays’ former pay chief argued for Bob Diamond to get no bonus
Alison Carnwath believed that Barclays’ former chief executive should have received ‘zero’ bonus – but her successor, Sir John Sunderland, disagreed
Banks mis-sold more than 90pc of rate swaps, says FSA
The FSA has accused Britain’s largest banks of selling small businesses “absurdly complex products” and said that lenders will have to compensate thousands of customers.
Theo Paphitis confirms he is ‘in’ HMV
Dragons’ Den judge Theo Paphitis has confirmed that he has entered the race to be the new owner of HMV, Jessops and Blockbuster stores.
MPs say ‘two budgets’ each year creates uncertainty and cost
MPs have called on the Treasury to re-establish the importance of a single annual Budget.
Google will not oppose clampdown on tax avoidance, chairman says
Eric Schmidt says company which has been using Bermuda as a tax haven to will pay whatever they owe for business in the UK
New Bank of England head Mark Carney hints at big shift in policy
Canadian drops strong hints of new approach at Davos as pressure increases on government over flatlining economy
Pension scheme closures speed up
The closure of private sector pension schemes accelerated in 2012, says the National Association of Pension Funds.
HS2 phase two route details announced
Details of the next phase of the £32bn HS2 high-speed rail network have been unveiled by the government.
David Cameron: Non-tax paying businesses need to ‘wake up and smell the coffee’
Businesses that think they can pay no tax in Britain need to “wake up and smell the coffee”, David Cameron said, as he pledged to lead a global effort against “aggressive avoidance”.
Apple shares tumble as sales lose their lustre
Fears that Apple’s dramatic growth could finally be easing intensified on Wednesday night after the US technology giant’s sales failed to meet expectations, threatening to knock more than $40bn (£25bn) off its market value.
UK unemployment falls again as record numbers in work
A record number of people are in work after another fall in unemployment and a further dip in the numbers claiming jobseeker’s allowance, new figures showed.
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