Lawyers and accountants are increasingly looking to property, not pensions, to fund their retirement April 11, 2016 What do the legal eagles and the bean counters have in common? Both lawyers and accountants are increasingly turning to property as a means of funding their golden years, research released today has discovered. The study by Bower Private Clients found that 29 per cent of lawyers and 34 per cent of accountants are planning to [...]
McDonald’s, JD Wetherspoon and Domino’s urged to crackdown on use of antibiotics in global meat and poultry supply chains April 11, 2016 A coalition of 54 institutional investors, which manages funds totalling $1 trillion, has called on 10 UK and US restaurant chains including McDonald’s, JD Wetherspoon, Wendy’s and Domino’s Pizza Group to curb antibiotic use in their global meat and poultry supply chains. The investors, which include Aviva Investors and Coller Capital, have written to ten [...]
Panama Papers: David Cameron comes out all guns blazing, insisting MPs will not have to publish tax returns – as Labour MP Dennis Skinner is suspended over “dodgy Dave” jibe April 11, 2016 David Cameron came out all guns blazing this afternoon, slamming critics for their "deeply hurtful and profoundly untrue" comments about his father, while unveiling new measures designed to tackle tax evasion. The Prime Minister, who has been under growing pressure since his father was named in the so-called Panama Papers, accepted he should have addressed [...]
Is this the most regal election ever? Exiled emperor Ankit Love is running in the London mayoral elections, and wants to ban cars from the capital April 11, 2016 This really is the most regal election ever. We've had donations from London socialites, Polish princes and a day on the campaign trail with Zac Goldsmith sell for £35,000. Now, even an exiled emperor is having a go at running in the London Mayoral Election, but instead of banning Nigel Farage, the heir wants to ban cars [...]
HMRC to analyse lower-than-expected uptake on Alcohol Wholesaler Registration Scheme April 11, 2016 The government's Alcohol Wholesaler Registration Scheme has suffered a blow after it was revealed it received only a quarter of the sign-ups as HM Revenue & Customs (HMRC) had predicted. The scheme received around 4,800 applications before its deadline of 31 March, although HMRC had previously estimated around 20,000 businesses might need to register and had directly [...]
Rothesay Life buys up a large chunk of Aegon’s UK annuity portfolio, as it announces a boost to its profits for 2015 April 11, 2016 When chancellor George Osborne first revealed the pension freedom rules, some feared it would be the death knell for annuities (although recent figures suggest it has been anything but). However, Rothesay Life was clearly not among the naysayers. The life insurer announced today that it had bought up £6bn worth of annuity portfolio from Aegon's UK subsidiary, Scottish Equitable, under [...]
Sugar lovers beware: anti-smoking drugs could curb sweet cravings according to Queensland University of Technology research April 11, 2016 Sugar cravings could become a thing of the past with the help of anti-smoking drugs, new research has found. Drugs used to treat nicotine addiction could be applied to treat similar addictions to sugar, according to the new study from the Queensland University of Technology published in the journal PLOS ONE. The researchers found sugar [...]
Steel crisis: Sajid Javid announces that government would consider going in on the purchase of Port Talbot with a commercial buyer April 11, 2016 Business secretary Sajid Javid announced in parliament today that government would consider co-investing in Port Talbot. Government would consider going in with another buyer on commercial deal, and that they had appointed accounting giant EY as a commercial adviser. "I've been in contact with potential buyers, making clear that the government stands ready to help," said [...]
Videogames simulate everything from bus driving to long haul trucking, but what exactly is the appeal of this esoteric genre of mundane job simulators? April 11, 2016 Some seven miles outside of sleepy Folkestone, a Volvo FH16 Globetrotter thunders along the M20 like an angry metal brick on wheels, the piercing beams of its powerful headlights carving through the darkness like the reaper’s flashing scythe. Its 16 litre, 750 horsepower engine roaring like a hungry princess ready for her next meal. The [...]