FORMULA ONE CHIEF UNLEASHES TAX FURY July 7, 2010 WITH all the hubbub about capital gains tax rates in the run-up to the recent Budget, investors are no stranger to vituperative attacks on their profits, but it does come as a surprise when the abuse comes from someone who’s supposed to be on their own side. The latest high-profile character to get vocal about [...]
High street sales leap in bumper easter April 13, 2010 RETAIL sales growth surged last month after a booming Easter for high street trade. The total value of sales rose by 6.6 per cent in March – the biggest upturn since April 2006 – according to the data from the British Retail Consortium and KPMG. The figures follow positive results from john Lewis and Marks [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 13, 2010 THE SUNDAYS The Sunday Telegraph $2.6M BUFFETT LUNCH WON BY ANONYMOUS BIDDER A mystery benefactor has paid $2.6m (£1.8m) to meet with billionaire investor Warren Buffett for a business lunch. The Sage of Omaha auctioned his time in aid of a San Francisco charity. This year’s auction brought in 25 per cent more than any [...]
Suitors circling for Liberty after building sold for £41m March 16, 2010 LIBERTY yesterday said it is being pursued by more than one suitor after the West End department store confirmed it had sold its building for £41.5m in a leaseback scheme. The company sold the freehold interest in the 125,000-square foot store, off Regent Street, to private property investment firm Sirosa. Liberty will take a 30-year [...]
GOING GLOBAL April 8, 2010 Q. I think there could be a market for my business overseas, but how easy is it to expand internationally? A. Even though it is getting more and more accessible to do this, it is not an easy process if you want to do it properly. Tony Cohen, head of entrepreneurial business at Deloitte, says [...]
Government to rewrite employment tax rules March 24, 2010 NEW anti-avoidance measures to reduce employment tax evasion were introduced by chancellor Alistair Darling yesterday, with the government set to create new legislation next year. Employee benefit trusts, alternative pension structures and geared growth on share arrangements were some of the areas Darling said the government will focus on during consultations this summer. The measures [...]
IT’S PRISKY BUSINESS OUTSIDE OF THE HOUSE June 28, 2010 THE Capitalist caught up with minister of state for business Mark Prisk yesterday during his afternoon of cold-calling potential customers for small business DIY Kyoto. The minister dropped in to the small Bethnal Green-based firm, which sells energy monitors for the home, as part of a project to learn about the current environment for small [...]
IT’S PRISKY BUSINESS OUTSIDE OF THE HOUSE June 28, 2010 THE Capitalist caught up with minister of state for business Mark Prisk yesterday during his afternoon of cold-calling potential customers for small business DIY Kyoto. The minister dropped in to the small Bethnal Green-based firm, which sells energy monitors for the home, as part of a project to learn about the current environment for small [...]
Cider war fizzes on as militants take up anti-darling arms March 25, 2010 AS VOTE-losers go, chancellor Alistair Darling’s punitive tax on cider really is shaping up to be a corker. By close of play yesterday – just a day after Darling announced in the Budget he will be popping duty on the tipple at 10 per cent above the rate of inflation from midnight on Sunday – [...]
Bovey’s failed business now up for sale March 28, 2010 IMAGINE Homes, the property business owned by Anthea Turner’s husband Grant Bovey is to be put up for sale by administrators Deloitte. It is Bovey’s ninth failed business and adds to the long list of embarrassments for the celebrity couple. Imagine Homes bought properties from developers and sold them on to investors with supposed guaranteed [...]