Tory Party receive more in fees from the dead than from living members August 22, 2018 The Conservative Party received more money from the dead last year then it did from living members. Figures released yesterday by the Electoral Commission show the Tories received £835,000 from membership fees in 2017, compared to £1.7m from bequests. Read more: Exclusive: Tory members plot Brexit rebellion at party conference Members’ dues dropped 43 per [...]
Trump hits back at Michael Cohen after implicating him in campaign finance crimes August 22, 2018 Donald Trump has hit back at his former lawyer Michael Cohen after he implicated the President in crimes relating to his campaign finance. Trump's former personally attorney admitted to breaking US campaign finance laws after paying off the President's alleged mistresses on Tuesday. He said that he had done so at the direction of “the [...]
Target hits the bull’s-eye with highest same-store sales growth in 13 years August 22, 2018 Target has bucked the retail trend to publish strong sales growth today, reporting same-store sales that were higher than any it recorded in the past 13 years. The New York-listed retailer, the second largest in the US, saw same-store sales grow 4.9 per cent year-on-year in the three months ending early August, with the company crediting increasing [...]
Playtech boss gets £66k pay rise despite remuneration vote loss August 22, 2018 Gambling software manufacturer Playtech has awarded its chairman a £66,000-a-year secret pay rise months after losing a remuneration vote with shareholders. Chairman Alan Jackson has seen his salary increase from £384,000 to £450,000 a year, Sky News revealed, despite the fact that the company's share price has almost halved over the course of a year. The majority [...]
Ditch the Chequers Agreement and Hammond can scrap his ‘Amazon tax’ August 22, 2018 Thanks to the Prime Minister’s commitment to raise NHS spending by an additional £20bn, the chancellor is now in a quandary. Philip Hammond signed up to the theory that raising taxes increases revenues, which goes against the volumes of evidence that it actually depresses economic activity, encourages switching of spending to other lower-taxed areas, and [...]
Sweet deal under scrutiny as watchdog probes Refreshers maker’s sale August 22, 2018 The competition watchdog is investigating a merger between the maker of Rowse Honey and one of the leading independent confectioners Tangerine Confectionery, the maker of Dip Dabs and other household brands, was put up for sale in February by its owner the private equity giant Blackstone. Earlier this month, Rowse Honey owner Valeo confirmed that it had [...]
German foreign minister calls for an international payments network that is independent of the US August 22, 2018 Germany chancellor Angela Merkel today stopped short of backing her foreign minister's call for Europe to create an international payments network separate from US involvement in a bid to save the west's nuclear deal with Iran. Saying that Europe and the US have “drifted apart for years”, Heiko Maas described it as "essential" that Europe establish a European Monetary Fund and an [...]
Vodafone in ‘exploratory talks’ to merge Australian arm with rival TPG August 22, 2018 Vodafone is in "exploratory" talks to merge its Australian business with rival telco TPG Telecoms. Broadband provider TPG surprised the market down-under last year when it paid A$1.3bn for spectrum to start its own mobile network. Vodafone Australia, which is owned half and half by Hutchison Telecommunications and Vodafone, is the third biggest mobile operator in the country, [...]
Legal Q&A: Why Conor McGregor, Reebok and a Dutch fashion house clashed over a trademark August 22, 2018 Two trademark experts examine the recent dispute involving MMA superstar Conor McGregor, sportswear brand Reebok and a Dutch fashion house. What has happened with Reebok and Conor McGregor? A Dutch fashion house called McGregor owns a registered EU trademark for ‘McGREGOR’ which gives it the right to prevent others from using the mark on clothing throughout the European [...]
Construction industry breaks records as employment levels climb August 22, 2018 The UK’s construction industry enjoyed bumper levels of employment last year, as the value of new work hit its highest level on record. More than 1.3m construction workers were employed and new work was worth £109m in 2017, smashing pre-crisis levels as a result of private sector growth, according to the Office for National Statistics (ONS). [...]