Heading away? That’ll be £50 to the taxman August 21, 2014 JETTING off for a week on foreign shores may cost you more than just a dodgy tanline and a peeling nose. New research suggests that every time British holidaymakers go away, they stump up £50 to the taxman for the pleasure. Campaign group the Taxpayers’ Alliance has totted up the cost of tax paid on holiday [...]
Sportech hit by bad US weather August 21, 2014 BETTING operator Sportech yesterday announced that the double whammy of extreme US weather and a strong pound, had hit first-half earnings. The group posted a 3.3 per cent fall in revenues to £52.6m on the back of 280 cancelled US horse race meetings during the six months to 30 June. “It is disappointing that the [...]
MBNA takes the helm on Thames Clippers August 21, 2014 UK credit card provider MBNA – owned by Bank of America – has acquired the naming rights to London river fleet provider Thames Clippers as it finalises plans to “digitise the Thames” in a three-year initial partnership. The announcement comes as Thames Clippers celebrates its 15th anniversary. It started with one boat in 1999, when [...]
Nick Clegg: The movie coming soon. Could Dragon Peter Jones play deputy PM? August 21, 2014 He's already starred in a noir-style Labour-made party broadcast, as the “un-credible shrinking man”, now it seems Nick Clegg’s story is to be made into another film – this time by Channel 4. The film will be about the formation of the coalition, but the news has left but one question on everyone’s lips. [...]
As Blackpool’s donkeys are embedded with Barclaycard contactless swipers, are they being taken for a ride? August 21, 2014 Are the donkeys of Blackpool beach being exploited by big business? Yesterday, the noble steeds hit the headlines because Barclaycard was helping the donkey business to go cashless. Yes, no more do Real Donkeys have to fiddle with change – the donkeys’ saddles have Barclaycard contactless swipers embedded. A novel idea or a publicity stunt? [...]
City workers get grubby paws at Pestaurant with bbq mealworms and roasted locusts August 21, 2014 Pest control experts Rentokil put on a real smorgasbord for City workers at One New Change yesterday. For those adventurous enough, the Pestaurant (see what they did there?) was serving up free pigeon burgers, crispy bbq mealworms, plain roasted locusts and ant lollipops. The Capitalist can confirm, locusts really repeat on you.
Endless Capital set to buy office2office August 21, 2014 PRIVATE equity group Endless Capital yesterday agreed to buy listed stationary-to-furniture office supplier office2office through a newly-created company called EVO Business Supplies. The Norwich-based company, which listed on the main market of the London Stock Exchange, is a major provider of business supplies and outsourced business solutions, primarily to large private and public sector customers. [...]
Primary Healthcare Properties hits £1bn August 21, 2014 PRIMARY Healthcare Properties’ (PHP) acquisition spree over the first half of the year has helped its property portfolio reach £1bn for the first time. The company, which develops and invests in new medical practices across the UK, said yesterday that its portfolio had increased by 4.3 per cent since December 2013, after adding a further [...]
Interserve signs up to Shanks Derby deal August 21, 2014 CONSTRUCTION firm Interserve yesterday announced that its joint venture with waste management company Shanks Group had won a contract to build and operate a new waste treatment facility in Derby. The companies yesterday signed a 27-year, £950m Public Private Partnership contract with Derby City and Derbyshire County Councils. The project involves Interserve building a £145m [...]
Ebay share price jumps as online retailer mulls PayPal spinoff August 21, 2014 Ebay is reportedly considering a spinoff of PayPal, its fast-growing online payments division, as early as next year. Shares of the online retailer jumped 4.6 per cent yesterday to $55.89 in New York. Ebay told its potential candidates for the position of PayPal chief executive, a post that former boss David Marcus left in June, [...]