Tech giants like Facebook and Google face UK tax shake-up focusing on revenues rather than profit February 22, 2018 Some of the world’s largest tech firms are set to face a significant tax shake-up from the UK government. The likes of Google and Facebook could see changes in the tax system that would mean a new tax on revenues, rather than profits – a smaller figure. A Treasury minister told the BBC that the [...]
Prime Minister and Cabinet ministers hash out Brexit position on UK’s economic partnership with the EU in eight-hour meeting February 22, 2018 Theresa May and her ministers were in crunch talks late into the night in a bid to nail down a final position on customs arrangements and details for the transition period of Britain’s departure from the EU. The Prime Minister is expected to set out the path Britain plans to take in a speech next [...]
West Brom boss Alan Pardew reinstates Jonny Evans as captain ahead of Premier League relegation six-pointer with Huddersfield February 22, 2018 West Brom manager Alan Pardew has reinstated Jonny Evans as captain despite him being disciplined for breaking a curfew during a club trip to Barcelona this month. Evans was among four players accused of stealing a taxi on a night out in the Catalan city and was stripped of the armband for last weekend’s FA [...]
Making his mark: HSBC chairman plans boardroom cull February 22, 2018 HSBC Holdings’s new chairman is planning a dramatic boardroom cull, with one third of directors slated to leave. Three non-executive directors will not stand for re-election at the firm’s next annual general meeting, Sky News has reported. These include Deutsche Boerse chairman Joachim Faber, who joined HSBC’s board in 2012. This will streamline the board [...]
Stobart Group confirms interest in Flybe (FLYB) deal as shares in the airline rise 36 per cent February 22, 2018 The owner of London Southend Airport confirmed today it was considering a number of options in a potential deal with regional airline Flybe, including a takeover approach. The firm said today a number of possible structures have been considered, including “a non-controlling interest in a vehicle to acquire 100 per cent of Flybe” after shares [...]
EFL clubs bring forward summer transfer deadline to mirror Premier League February 22, 2018 English Football League (EFL) clubs have followed their Premier League counterparts and voted to bring forward their summer transfer deadline to early September. The 72 clubs in the second, third and fourth tiers have agreed to close this summer’s transfer window at 5pm on Thursday 9 August – the same time as teams in the [...]
Here’s how much Snap Inc (SNAP) boss Evan Spiegel made last year in salary, stock, bonuses and other compensation February 22, 2018 The founder and chief executive of Snap made $638m last year when the messaging app went public. Evan Spiegel was awarded $636.6m in stock as a result of its high profile IPO. Read more: Here’s how much Jeremy Corbyn earned last year That gave a major boost to his $98,000 salary which was less than [...]
Barclays’s gender pay gap sees women earning 43.5 per cent less than men February 22, 2018 Barclays has revealed that women on average earn nearly half of what men do at the bank’s international division, in figures published today. The bank said its median gender pay gap, reflecting the difference between the midpoints in the ranges of hourly pay of men and women, was 43.5 per cent. Its mean gender pay [...]
Manchester United’s new YouTube channel highlights platform’s influence on football February 22, 2018 Such was the hype surrounding big tech’s supposed interest in acquiring live Premier League broadcast rights that YouTube’s name was inevitably thrown into the mix alongside Sky and BT as a potential bidder in the current auction. Yet Google’s online video behemoth was never interested. Why would they be? As demonstrated by Manchester United’s migration [...]
Life on Mars? Cornwall’s Goonhilly Earth Station gets £8m funding to help find out February 22, 2018 Is there life on Mars? A communications station in Cornwall has been given millions of pounds in funding to help find out. Goonhilly satellite Earth Station, famous for beaming the images of the moon landing across Britain, has landed £8.4m to upgrade its facilities so that it can support contact between earth and missions to [...]