Property of the Week: King George III’s house in Richmond’s Old Deer Park has a fully functional revolving dome observatory October 18, 2018 Live like royalty next door to Kew Gardens in this extraordinary house built for King George III. King’s Observatory, Richmond, £50,000pcm Owned by the Crown Estate, the house is leased to a businessman who lives between Hong Kong and London, but it’s now available to rent for the first time in its 250-year history. The [...]
EU rules Luxembourg did not give McDonald’s special tax deal September 19, 2018 The European Commission has ruled that Luxembourg did not give McDonald's a special tax deal and blamed a “mismatch” in laws for the non-taxation of some of the fast food chain's profits. The commission's in-depth investigation, launched in December 2015, concluded the tax deal was in line with national laws and the Luxembourg-US double taxation [...]
EU rules Luxembourg did not give McDonald’s special tax deal September 19, 2018 The European Commission has ruled that Luxembourg did not give McDonald's a special tax deal and blamed a “mismatch” in laws for the non-taxation of some of the fast food chain's profits. The commission's in-depth investigation, launched in December 2015, concluded the tax deal was in line with national laws and the Luxembourg-US double taxation [...]
Sirius Minerals signs Brazilian supply deal for its Yorkshire mine September 17, 2018 Sirius Minerals has signed a new supply deal in Brazil for its Yorkshire mine as it continues to recover from soaring project costs. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m (£456m) to construct its mine under the North York Moors. Last [...]
Sirius Minerals signs Brazilian supply deal for its Yorkshire mine September 17, 2018 Sirius Minerals has signed a new supply deal in Brazil for its Yorkshire mine as it continues to recover from soaring project costs. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m (£456m) to construct its mine under the North York Moors. Last [...]
British music exports hit a £408m millennium-high note September 6, 2018 Sales of British music abroad have hit their highest rate since 2000 in the last year, totalling a boon of more than £408m for the UK music industry. The British Phonographic Industry (BPI) will reveal later today that overseas revenue for UK music stars rose 12 per cent on the previous year, powered by demand [...]
Calling the shots: Celebs hit the phones in 9/11 tribute to traders September 11, 2018 It was the day the trading floor took on an extra edge of excitement. Alongside the dealers, movers and shakers earlier today, the desks of BGC featured personalities from the world of sport, showbiz and royalty, who tried their hand at making money, but this time for charity. In its annual tribute to more than [...]
Starbucks’ European arm paid just 2.8 per cent tax in the UK September 19, 2018 Starbucks' European business paid 2.8 per cent tax in the UK on profits of $213m (£162m) in the year ending October 2017. The coffee chain's Europe, Middle East and Africa (EMEA) division, based in London, paid $5.9m in UK corporation tax, its accounts reveal. Its profits were boosted by a dividend payment of $150m, which [...]
Starbucks’ European arm paid just 2.8 per cent tax in the UK September 19, 2018 Starbucks' European business paid 2.8 per cent tax in the UK on profits of $213m (£162m) in the year ending October 2017. The coffee chain's Europe, Middle East and Africa (EMEA) division, based in London, paid $5.9m in UK corporation tax, its accounts reveal. Its profits were boosted by a dividend payment of $150m, which [...]
Property of the Week: Find out how much it is to have former prime ministers and BBC presenters as neighbours in Connaught Village August 24, 2018 Most London villages are affluent places that aim to be the best of both worlds. Leafy streets and indie retailers take the beauty and community of rural life, but the school run can be done on foot and the office is half an hour away on the Tube. Albion Street, Hyde Park, £5m Connaught Village [...]