Apple agrees to start paying Irish government €13bn in back taxes April 24, 2018 US tech business Apple has struck an agreement with the Irish government to begin its repayment of €13bn (£11.38bn) in back taxes. The Irish finance ministry confirmed that it was signing the agreement today which will see payment start in the second quarter of the year with full recovery expected by the end of the [...]
Trevor Steven: Gentleman Arsene Wenger is a one-off and I hope he gets a triumphant Europa League send-off April 24, 2018 It was the summer of 2008 and I was in Switzerland, where the European Championship was taking place, when I spotted a familiar figure across the hotel breakfast room. Although my spell at Marseille coincided with his time in charge of Monaco, I hadn’t really spoken to Arsene Wenger, but I admired him so I [...]
Brexit latest: Customs partnership proposal “completely cretinous”, says Jacob Rees-Mogg as he warns Lords against “playing with fire” April 24, 2018 Jacob Rees-Mogg has described one of the government’s official Brexit proposals as “completely cretinous” – and warned against any attempts to stay in the customs union after transition. The hardline MP – who praised the “enigmatic” Prime Minister Theresa May – rubbished the customs partnership, one of two proposals put forward by the government, as [...]
Cambridge Analytica says Facebook data was worthless and insists it never did any work on Brexit April 24, 2018 Data and marketing firm Cambridge Analytica (CA) has said it played absolutely no role in the UK’s Brexit referendum and insisted that any data gathered from Facebook users was worthless. A spokesman for CA this afternoon said it had deleted the Facebook user data received from developer Aleksandr Kogan’s firm GSR, adding it was “virtually [...]
UK housing market continues to slump as number of homes sold in March drops April 24, 2018 The number of residential property transactions in the UK has dropped 7.2 per cent between February and March, according to the latest figures from HM Revenue and Customs (HMRC). The HMRC UK Property Transaction Statistics report showed that this month’s seasonally adjusted figures were 11.8 per cent lower compared with the same month last year. [...]
Deutsche Bank has appointed Frank Kuhnke as its new chief operating officer as management shake-up continues April 24, 2018 Deutsche Bank has announced a new chief operating officer as the German lender’s management shake-up continues. Frank Kuhnke has been appointed by the board and will be responsible for technology and central operations, including information security, data management, digital transformation and corporate services. Kuhnke takes over from Kim Hammonds, who will leave the bank after [...]
Brent crude oil prices rise above $75 per barrel, hitting highest level in two years April 24, 2018 Brent crude oil prices have risen above $75 (£53.75) a barrel, their highest level in over two years. Crude oil prices climbed as high as $75.20 a barrel, the highest since November 27, 2014. This follows a six-day rallying streak, with prices up more than 20 per cent since their drop in February. Read more: [...]
Brexit mutual regulatory recognition is “eminently achievable” says Financial Conduct Authority (FCA) boss Andrew Bailey April 24, 2018 A mutual recognition regime for financial regulation after Brexit is “eminently achievable”, the City watchdog’s boss today said, rejecting calls for a less integrated relationship based on equivalence. Andrew Bailey, head of the Financial Conduct Authority (FCA), today rejected the European Commission’s position that regulatory equivalence is a solution to the problems posed by the [...]
General Electric to work with UK government to test world’s largest wind turbine in Northumberland April 24, 2018 American energy giant General Electric (GE) has signed a five-year contract with the UK government to test and develop new offshore wind technologies, including the world’s largest wind turbine. GE’s renewable energy arm will be testing the giant 350-foot turbines at the Offshore Renewable Energy Catapult centre in Blyth, Northumberland to try out the technology [...]
Arsenal signs deal with Warren Buffett-backed electric car firm BYD to become club’s official car and bus partner April 24, 2018 Arsenal has signed an agreement with Chinese firm BYD Auto for the electric car giant to become the football club’s official car and bus partner. BYD designs, develops and manufactures cars, buses, commercial vehicles and rail stock. It provides double-decker buses to Transport for London and employs more than 220,000 employees across five continents. The [...]