Osborne ups the ante in job tax stand-off April 5, 2010 SHADOW chancellor George Osborne yesterday stepped up his attack on the government over plans to hike national insurance contributions (NICs), claiming the “job tax” would be the fastest way to reverse the budding economic recovery. George Osborne also insisted that the Tories have no plans for further tax rises, despite repeated claims from Labour that [...]
Stelios uses EasyJet shares as collateral to secure a £5m loan February 17, 2010 EasyJet owner Sir Stelios Haji-Ioannou has raised £5m by using shares as collateral for a loan. An unnamed lender accepted 1.27m shares as collateral in a deal arranged by UBS. The arrangement mirrors a deal in September, when Stelios raised £7.5m by using 2m shares as collateral on a loan through Credit Suisse. EasyGroup has [...]