Nike’s Dutch tax status to be investigated by European Commission January 10, 2019 The European Commission has opened a detailed probe into whether Nike has received an unfair advantage over its competitors by being granted a favourable tax environment in the Netherlands. The Commission said the Netherlands issued five tax rulings since 2006, two of which are still active, which endorsed a method of calculating royalty payments that "may not reflect [...]
Theresa May’s Brexit deal threatens the UK’s national security, warns former spy chief January 10, 2019 Theresa May’s Brexit deal will “threaten the national security of this country in fundamental ways”, the former head of MI6 and ex-Chief of Defence Staff have warned in a letter to grassroots Tories. Sir Richard Dearlove and Lord Guthrie claims the withdrawal agreement will put aspects of UK security “in foreign hands” in a devastating letter [...]
Google should be allowed to limit ‘right to be forgotten’, says EU court January 10, 2019 Search engines such as Google should be allowed to limit user requests to delete outdated or irrelevant search results to just those existing within the European Union, a preliminary opinion in the European Court of Justice found today. Established in 2014, the so-called right to be forgotten requires Google and others in Europe to accept and review [...]
Tesco works on stockpiling arrangements in Brexit contingency plans January 10, 2019 Tesco is making arrangements to stockpile goods as part of the supermarket’s Brexit contingency planning, the UK's biggest supermarket confirmed today. The UK’s biggest retailer is working with suppliers to devise plans to hold stock closer to the market, and said that sensible contingency plans are in place. Read more: Tesco sees like-for-like sales boost in [...]
Jeremy Corbyn: Labour would consider delaying Brexit if it was in power January 10, 2019 Jeremy Corbyn today suggested a Labour government would look to delay Brexit to allow time for further negotiations with Brussels. Speaking in Wakefield, the Labour leader said if his party were in power before March 29 – when the UK is set to leave the EU – there would need to be time to reopen [...]
People’s Vote campaigners are playing dirty with the facts January 10, 2019 As Monday's Channel 4 drama Brexit: The Uncivil War reminded us, the Remain campaign likes to take comfort in the fact that it tried to win us over with facts and figures, never stooping to the kind of outright lies about the economic benefits of leaving the EU or the threats of immigration indulged in by members [...]
DEBATE: Is HSBC’s ‘we are not an island’ advert an effective strategy? January 10, 2019 Is HSBC’s ‘we are not an island’ advert an effective strategy? Brendon Craigie, co-founder and managing partner at Tyto PR, says YES. HSBC has denied that its adverts are explicitly Brexit-related, but it doesn’t take a genius to figure out the campaign’s underlying message. Given the social media response, this denial is probably intended to highlight that, [...]
The Japanese Prime Minister’s visit is a chance to celebrate our friendship with like-minded nations January 10, 2019 I sometimes find that foreign leaders are more aware of Britain’s national strengths than we are at home. So let me itemise a few of them. The UK has the fifth biggest economy in the world, the third biggest overseas aid budget, the second largest military budget in Nato, and a world-class diplomatic network, including [...]
New visa for architects as trade body calls for ‘drastic reform’ of UK immigration system post-Brexit January 10, 2019 The Home Office launched a visa scheme for exceptional architects today as the Royal Institute of British Architects (Riba) argues UK immigration legislation needs a drastic overhaul post-Brexit to safeguard the £4.8bn industry. From today architects will be able to apply for Tier 1 (exceptional talent) visas – the first bespoke immigration category available for [...]
Passing May’s Brexit deal would make sterling surge, says JP Morgan January 9, 2019 The sterling would surge by at least four per cent if parliament approves Prime Minister Theresa May’s Brexit proposals in a planned vote next week, JP Morgan said. The bank’s asset management wing also warned about the potential impact of extending Article 50, something the government has ruled out. Karen Ward, the fund manager’s EMEA [...]