Inflation turns negative in UK
Inflation, or the CPI (Consumer Prices Index), declined by 0.1% in the 12-month period to September 2015, after posting no change (0.0%) in the...
Boris Johnson on Japan trip to boost trade and investment
Boris Johnson, the Mayor of London, leads a trade mission to Japan to boost trade and investment. Mr. Johnson aims to strengthen ties with...
Barclays to appoint Jes Staley as new chief executive, reports suggest
Barclays is set to appoint Jes Staley as its new chief executive, according to a report by The Financial Times which cited two people...
Facebook paid £4,327 UK tax, vs £5,392.80 per British employee
Social network multinational giant Facebook paid only £4,327 ($6,642) in corporation tax last year, according to its latest Companies House filing in the UK.
While...
Angus Deaton awarded Nobel Prize in Economic Sciences 2015
The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2015 - i.e....
Corbyn dodged kissing Queen’s hand by going on a Scottish Highland hike
Jeremy Corbyn, Labour’s new leader, said he could not attend a ceremony to join the Privy Council because of a ‘prior commitment’. This commitment...
G20 to crack down on corporate tax avoidance
G20 members gave the green light on Friday to a package of measures aimed at cracking down on corporate **tax avoidance by big multi-nationals.
**Tax avoidance...
Standard Chartered cutting 1,000 senior staff in an effort to reduce costs
Standard Chartered plans on cutting 1,000 senior staff in an effort to reduce costs, according to a recent memo sent to employees.
The news was...
World economy reaches a fork with promising or dire consequences
We appear to have reached a fork in the road, as far as the global economy is concerned. If we follow one route the...
Major economies close in on multinationals regarding tax
Once again, the world’s major economies have signed up to a package of measures which they say will make it much harder for multinationals...