MPs demand tax avoiders are named and shamed by HMRC February 18, 2013 INDIVIDUALS who take part in tax avoidance schemes should have their names made public by HM Revenue & Customs, according to the chair of an influential parliamentary select committee. Labour’s Margaret Hodge MP says the taxman “should name and shame those who sell or use tax avoidance schemes”, directing public anger at those who attempt [...]
Capital controls are still ruining Iceland after half a decade March 31, 2013 ONE aspect of the Cypriot crisis resolution is of particular concern. As authorities fear that anyone with money in Cyprus will want to take it out as soon as banks open, capital controls are being put in place. We are told they will be limited in scope and temporary. Hopefully that is true. Another European [...]
BT makes plans to appeal Sky’s controversial sports pricing win November 27, 2012 BT has announced plans to appeal a controversial competition ruling over the price Sky is able to charge other broadcasters for its sports channels. The telecoms company said it had asked permission to challenge August’s decision from the Competition Appeal Tribunal (CAT), which stopped Ofcom from forcing Sky to lower the prices it can charge [...]
Black Swan author challenges the belief that pressure is bad for the economy December 6, 2012 BANKS should be more like cats than washing machines. So suggests Nassim Taleb, ex-trader and controversial author of The Black Swan, who has a new book out in time for Christmas. What he means is that living things – cats, economists, bankers – display a property that even our best-designed machinery lacks: a quality that [...]
It’s snow joke as Merkel faces Davos bookies January 21, 2013 THE MOST important people in the world are currently packing their toothbrushes, making sure the neighbour will feed the cat and getting ready for five days discussing the global financial system in the Swiss Alps. But The Capitalist wonders whether those attending this week’s World Economic Forum – or Davos to you and me – [...]
Bank of Dave Two: How one man took on the FSA and won February 27, 2013 I NEVER wanted to be a banker. But back in 2008, my minibus company in Burnley had a problem. My customers were coming to me for new buses, and needed finance to buy them – as they had done for 20 years. As soon as the credit crunch hit, however, the banks suddenly stopped lending [...]
Toffees stick four past Black Cats April 9, 2012 Everton struck four times in 29 minutes to thrash Sunderland 4-0. The Toffees moved four points clear of rivals Liverpool but remain in seventh place.
Toffees stick four past Black Cats April 9, 2012 Everton struck four times in 29 minutes to thrash Sunderland 4-0. The Toffees moved four points clear of rivals Liverpool but remain in seventh place.
The XFR is a truly astonishing beast January 8, 2013 WHEN Jaguar Cars came up with the inspired tagline “Grace, space and pace” in the 1960s, they set up their stall as a brand that considered overt displays of power somewhat vulgar. Even this XFR model, despite its capacity to boost you up to speeds that will make your hair stand on end, looks more [...]
British fashion reaps rewards at industry gongs November 6, 2012 The 2012 Global Fashion Awards was a very British affair this week. The annual event, which celebrates the best in fashion and retail across the world, saw many British companies walk away with several of the big awards. Victoria Beckham was one of the biggest winners of the night, beating stiff competition from the likes [...]