TfL Tube strike 2015: London mayor Boris Johnson admits Night Tube might miss launch date July 9, 2015 Boris Johnson has admitted the Night Tube may not start on time, on the day of the biggest London Underground strike in more than a decade. Speaking at City Hall this morning the London mayor refused to commit to the 12 September launch. “I'm not hung up on the date”, he said, adding: “We'll [...]
July Budget 2015: IFA Hargreaves Lansdown offers 10 tips for investors to navigate new dividend rules carefully July 9, 2015 Yesterday's Budget included a significant shake up of the way dividends are taxed. Instead of the current tax credit, from next April investors will receive a £5,000 allowance after which dividends will be taxed at 7.5 per cent, 32.5 per cent, or 38.1 per cent depending on their income tax band. Isa and pension [...]
Greek crisis: Ryanair boss Michael O’Leary says Greek government is “a bunch of lunatics” and the nation should “get out and work” to pay off debts July 9, 2015 Outspoken Ryanair boss Michael O'Leary – famous for winding up his own passengers on a regular basis – has turned his own brand of “say it as it is” comments on the Greek crisis, describing the government as “a bunch of lunatics”. O'Leary – whose business operates flights to and from cities such as [...]
Greek crisis: Grexit would signal Europe’s impotence, claims French PM Manuel Valls July 9, 2015 Allowing Greece to leave the Eurozone would be “an admission of impotence,” French Prime Minister Manuel Valls has said. It was critical the country stay in the currency bloc, he said in a keynote speech today, saying a deal between Greece and its creditors – the IMF, the EC and the ECB – was [...]
Kids today: Watching TV is a punishment for iPad generation of children July 9, 2015 Watching TV used to be something you had to negotiate as a post-homework treat – now it has become a punishment for a new generation of children. TV has been edged out by smartphones and tablets as the entertainment platform of choice – but it is so disliked by the new generation of kids [...]
Bargain Booze and Wine Rack owner Conviviality Retail suspends trading after takeover talks with Matthew Clarke confirmed July 9, 2015 Trading in Aim-listed group Conviviality Retail has been suspended this morning, after confirming it is in takeover talks with Matthew Clark Holdings. Shares have been suspended because if the sale goes through it would constitute a reverse takeover under Aim rules, meaning privately-owned wholesaler Matthew Clark could become a public company without going through [...]
Honda recalls 4.5m Accords, Civics, CR-Vs, Odysseys, Pilots and Ridgelines over defective Takata airbags July 9, 2015 Honda has recalled a further 4.5 million vehicles fitted with Takata airbags. Vehicles affected include the 2001-2007 Accord, the 2001-2005 Civic, the 2002-2006 CR-V, 2003-2011 Odyssey, the 2003-2008 Pilot and the 2006 Ridgeline. It also affects Acura MDXs, TLs, CLs and Rls between 2002 and 2006. Honda described the recall as “critical”. [...]
SuperGroup’s share price jumps after brand beats revenue expectations July 9, 2015 SuperGroup's share price jumped 4.6 per cent after beating expectations on revenues and earnings. The figures: Sales at the Superdry parent company were up 12.9 per cent to £486.6m – above analyst consensus, which had tipped that figure at £483.3m – while pre-tax profits were up two per cent to £63.2m. Underlying earnings per [...]
July Budget 2015: Dividend tax credit being scrapped in favour of £5,000 allowance July 8, 2015 Chancellor George Osborne is scrapping the dividend tax credit, introducing a £5,000 tax-free dividend in its place. On top of that, tax rates on dividend income are rising. Basic rate taxpayers – who currently pay 10 per cent, although this is offset by the tax credit – will pay 7.5 per cent on [...]
July Budget 2015: Every key policy announced today July 8, 2015 George Osborne revealed the first Budget of the government, including policy changes on everything from pensions and inheritance tax to bank levies and the Northern Powerhouse. Here we round up all the essential points from the Red Box. 1. A surplus will be reached by 2019 Osborne pledged to reduce the deficit by [...]
