Santander no longer have a “moral problem” with circus group account July 30, 2014 Santander has reversed its position on denying a circus group a bank account because the troupe's burlesque acts presented a "moral problem" to the bank. Founder of Circus Uncertainty Joshua Morris had applied for a Santander business account in Bristol but later received a call saying his company could not bank with Santander because it [...]
Real Madrid beaten by Barcelona as Catalans announce record-breaking revenue July 30, 2014 FC Barcelona have announced a record annual revenue of €530m (£395m), the highest in sporting history. The record had previously belonged to Barcelona’s arch-rivals Real Madrid, who enjoyed an annual revenue of €521m last season. Madrid are yet to announce their revenue for the 2013/2014 season and although they could well reclaim top spot [...]
North Korea has fired four new missiles, South Korea says July 30, 2014 North Korea has launched four missiles off its east coast, according to South Korean officials. The short-range projectiles were fired from Mount Myohyang, northeast of the North Korean capital Pyongyang, an anonymous official from the South Korean Defence Ministry said. They added that two of the them were fired off in the morning [...]
US tax battle: Kansas more complicated than critics condemn it for July 30, 2014 A heated tax battle is brewing in Kansas that could have major implications on future fiscal reforms throughout the United States. After Gov. Sam Brownback and the Republican-controlled State Legislature passed reforms lowering income tax rates among other tweaks to the code, critics are raising alarms about declining revenues. So, “What’s the Matter With Kansas?,” [...]
US economy bounces back as GDP rises by four per cent July 30, 2014 It doesn't come much bigger than this for the land of hope and glory: a bond-buying announcement, an interest rate announcement and GDP for quarter two come all in one day for the US – and that day is today. GDP for the second quarter came in at four per cent, above the three per [...]
Plain packaging is a losing strategy in the fight against smoking July 30, 2014 In the half-century since the landmark Surgeon General’s Report in the United States that first linked tobacco use to cancer, public-health advocates have made great strides in convincing people to kick the smoking habit–or never pick it up in the first place. The multimedia campaign against smoking continues to rack up successes today, but the [...]
LA Clippers vs Manchester United: How does the $2bn sale compare to other sporting takeovers? July 30, 2014 The LA Clippers will become the most expensive franchise in NBA history after a California superior court judge approved the $2bn (£1.2bn) sale to Mircosoft's former chief executive Steve Ballmer. Until now, the largest sale price for an NBA franchise was just $550m – the cost of the Milwaukee Bucks and Washington Wizards takeovers [...]
Barclays and Deutsche Bank offices could be monitored in forex market fixing probe July 30, 2014 Regulators want to place government monitors in the offices of Barclays and Deutsche Bank in the US as part of an investigation into alleged currency price fixing on the forex market. The New York Department of Financial Services wants to monitor the current and historical operations of the banks, the Wall Street Journal reports. The [...]
Labour and Tories rush to deny secret tax plans July 30, 2014 Both the Labour and Conservative parties have rushed to deny claims they plan to radically alter the tax system in the wake of two separate recordings emerging of senior figures in both parties voicing their views on the subject. Obtained by Sky News, a recording of Labour's Andy Burnham at the Fabian Society's summer conference [...]
Chicken McNuggets without the chicken: McDonald’s Japan creates tofu nuggets after meat scandal July 30, 2014 McDonald’s is launching a new version of the beloved chicken McNugget – without the chicken – after the fast food giant was hit by a meat scandal across Asia. Fans of the chicken McNugget may have been put off forever by revelations that one of its meat suppliers in China has allegedly been selling out-of-date [...]