Business

Rolls Royce

Rolls Royce slicing layer of senior management in major restructuring move

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Rolls Royce is slicing a layer of senior management as part of a major restructuring move aimed at improving the British engineering company’s prospects,...
Bank of England

BoE says UK households can cope with an interest rate hike

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The Bank of England says that households in the UK should be able to cope with a hike in interest rates. A survey of over...
starbucks

Starbucks UK paid £8.1 million in corporation tax this year

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Starbucks UK paid £8.1 million in corporation tax this year after reporting its largest ever profit in the region. To put things in perspective, the...
inflation

UK inflation rate increased to 0.1% in November, positive again

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The UK’s inflation rate returned to a positive level in November, the first time in four months, up to 0.1% after a reading of...
HMRC

UK Treasury launching a secondary annuity market in 2017

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The UK government will allow more than five million people to sell their annuity from 6 April 2017 for an upfront cash sum. The Treasury...
Andrew Tyrie head of Treasury Select Comittee regarding HBOS

Treasury Select Committee asks watchdog to look at HBOS auditors again

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The Treasury Select Committee has asked the accountancy watchdog, the Financial Reporting Council, to look at HBOS auditors again. Andrew Tyrie, the Committee’s chairman,...
royal dutch shell logo

China gives green light to Shell and BG Group merger

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China has given clearance to the £40 billion merger between Shell and BG Group, meaning that the pre-conditional approval process is now complete. Receiving...
French-regional-elections-Marine-Le-Pen

National Front party pushed into third place in French regional elections

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Latest exit polls indicate that France’s ultra-right wing Front National has been beaten into third place. It appears the Front National has not won...
Jeremy Corbyn Labour Leader

Corbyn wants his army of supporters to have control over policy

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Jeremy Corbyn, the leader of the UK’s Labour Party and Leader of the Opposition, wants his army of supporters to have control over policy,...
Oil plunges and stock markets come down too

Oil price plunges and takes stock markets down with it

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As the oil price plunges it is taking stock markets across the world down with it, with investors running for cover. The looming US interest rate...