Online Gambling Firms To Pay 15% Tax In UK

Online betting companies based in offshore havens to sidestep Britain's gambling taxes will be hit with a new levy that may raise £300m for the taxpayer. The Government is to impose a 15% tax rate on operators in the £2bn remote gambling market. The...

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City Investors Bank On £55m RBS Branch Payout

By Mark Kleinman, City Editor A consortium of City investors vying to buy 315 branches from Royal Bank of Scotland is in line to receive £55m in annual interest payments from the state-backed lender - even before they complete a deal. Under the...

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Mortgages 'Most Affordable For 14 Years'

By Nick Martin, News Correspondent Mortgages are more affordable now than at any time in the past 14 years, according to the latest figures. Monthly payments now account for 27% of a new borrower's income in the second quarter of 2013, well below...

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Fracking Firm Halts Work Amid Protest Fears

By James Banks, Sky News Reporter Up to 1,000 extra protesters are expected to descend on the small West Sussex village of Balcombe this weekend, as the protests against a potential fracking site enters its fourth week. The entrance to the Cuadrilla...

16.02 | 0 komentar | Read More

Brits Can Switch Banks In A Week From Next Month

Virtually all banks and building societies have agreed to slash the time needed to transfer current accounts between providers from next month, it has been confirmed. Customers will be able to move their accounts within seven days, drastically cutting...

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Dell Sees 72% Profits Plunge Amid Row

PC maker Dell said its quarterly profits plunged 72% from a year ago as the struggling computer giant felt the impact of weak computer sales. The Texas-based tech firm said its profit for the second fiscal quarter slid to $204m (£130m), compared with...

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Smartphone Sales Now Outstrip Basic Models

Smartphones accounted for the majority of mobile phone sales worldwide for the first time in the second quarter of the year. According to research firm Gartner, 225 million smartphones were sold globally between April and June - 51.8% of all mobiles...

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Cineworld: Les Miserables Boosts Profit

Cineworld has reported a pre-tax profit rise of 24.1% for the first half of the year. The cinema chain made £16.5m in the 6 months to June, driven by increased box office sales which were up 10.5% to £131m. That comes as the company's average ticket...

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Summer Sun Fuels UK Spending Spree

Retail sales rose at their fastest annual pace for over two years in July as the UK basked in summer sunshine. The Office for National Statistics (ONS) said the heatwave boosted sales of barbeque food and outdoor items in particular as people enjoyed...

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Apple Stock Soars As Icahn Buys 'Large' Stake

Activist investor Carl Icahn has bought a large stake in Apple and says the world's most valuable company should be doing more to revive its stock price. The often outspoken billionaire, renowned for pouncing on out-of-favour shares, signalled he had...

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Dreamliner: Airline Detects Wiring Faults

The Japanese airline ANA says it has found an electrical wiring problem in fire extinguishers for engines of three Dreamliner jets. The problem - the latest in a series of setbacks for Boeing's 787 - was first discovered during pre-flight maintenance...

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Jobs: Claimant Count Tumbles To Four Year Low

The number of people claiming unemployment benefit dropped by almost double the forecast figure last month to a four year low. The Office for National Statistics (ONS) said Jobseekers' Allowance claims tumbled - for the ninth consecutive month - by...

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Housing Market Recovery 'Round The Corner'

House price rises are now being seen across the country as activity grows following the financial crisis. According to the latest housing market report by the Royal Institution of Chartered Surveyors (Rics) there are signs a recovery is "round the corner"....

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Inflation Eases As Clothing Costs Fall

Falling air fare and clothing costs have contributed to a slight easing in the headline rate of inflation. The CPI measure stood at an annual rate of 2.8% in July, according to the Office for National Statistics (ONS), down from 2.9% the previous month....

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Rail Fares To Rise By 4.1% In January 2014

Rail fares are set ro rise by 4.1% in January after the latest RPI inflation figure was revealed as 3.1%. Thousands of people have been protesting at 50 stations across the UK against the rise of rail fares compared to the average earnings. Train companies...

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RBS Sell-Off Unlikely Until 2018 - Cable

Business Secretary Vince Cable has signalled that the Government is unlikely to sell its stake in Royal Bank of Scotland for another five years. Mr Cable claimed it was "pretty unrealistic" to expect the bailed-out bank to be back in private ownership...

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Banks Cut 20,000 Branches After 2008 Crash

Banks hit by the global financial crisis have cut 20,000 branches across the whole European Union, according to new research. New figures showed banks closed 5,500 branches, or 2.5% of the total, in 2012. The EU now has 20,000 fewer outlets than it...

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Thames Water Asks For £29 Price Hike To Bills

The UK's biggest water company has asked the industry regulator to increase its charges by almost £30 for each household. Thames Water submitted the application to Ofwat for an interim adjustment to prices over the current five-year price period. The...

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Apple Wins Samsung Patent Case In US

Apple has won the latest victory in a long and bitter global battle with Samsung over alleged patent infringement. The US International Trade Commission (ITC) found Samsung was in violation of two patents and banned American imports of some of its devices....

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High Street Housing Plans Come Under Fire

Store Vacancies Hit New High Level Updated: 11:50am UK, Monday 20 May 2013 A surge in shopping centre vacancies means almost one in every eight British stores is now empty, according to a new survey. Empty shops now account for 11.9% of retail space,...

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Wages: UK Workers In Europe's Bottom Four

Warning Over High Charity Wages Updated: 10:36am UK, Tuesday 06 August 2013 Six figure salaries for staff at Britain's taxpayer-funded foreign aid charities risk bringing the industry into disrepute, the Charity Commission's chairman William Shawcross...

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