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Government is 'rushing' bank bill
Reform of the financial services industry by the Government is being “rushed” and could end up creating a “lawyer’s charter”, according to Andrew Tyrie, chairman of the Treasury Select Committee.
The world’s most expensive Christmas dinner: menu revealed
Featuring a £2,600 watermelon and a £5000 serving of pistachios, the £125,000 menu will provide dinner for four. Ben Spalding's £125,000 menu will be on offer to four diners on Christmas Day. ...
UK to drive G8 tax crackdown
In the next few weeks, the Chancellor is expected to give an up-date on a radical new “information sharing” agreement with Britain’s Crown Dependencies that would deliver tax details on accounts held off-shore in Jersey, Guernsey and the Isle of Man. ...
Amazon and Google face tax attack
The Government is to explore an internationally co-ordinated new tax designed specifically to capture the earnings of internet giants including Amazon and Google. ...
Nokia seeks Blackberry sales bans after patent dispute
"Research In Motion has worked hard to develop its leading-edge Blackberry technology and has built an industry-leading intellectual property portfolio of its own," it said in a statement - a possible signal that it might counter sue. ...
Microsoft in talks on Europe stores
Microsoft has examined the European market as the next region to open its flagship retail outlets as the US technology giant bolsters its roster of devices and appliances across its software platforms. ...
Inflation rate rises
The Office of National Statistics figures released today for annual inflation to October show that the Retail Prices Index sharply increased to 3.2% from 2.6% in September and the Consumer Prices Index has increased to 2.7% from 2.2%. ...
Bank turns gloomy on recovery
It now believes the recovery will struggle to gain momentum, with the monetary policy committee expecting growth to remain below its pre-crisis trend for the foreseeable future. ...
European research projects plagued by financial errors
Millions of euros of European research funding are being claimed in error, with potentially half of all projects funded by the European Union (EU) making mistakes in their accounts....
UK banks face fresh crisis
British banks are to be forced to raise tens of billions of pounds in fresh capital as a result of new accounting rules due to be announced early in the new year. ...
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