Man jailed for life over terror plan to murder Theresa May September 1, 2018 A man who plotted to murder the Prime Minister and bomb Downing Street has been jailed for life. Naa'imur Rahman, 20, of North London will serve a minimum term of 30 years in prison after he was found guilty of planning to detonate a homemade device in Westminster and use the chaos to assassinate Theresa May. Rahman's [...]
Chinese government spies using LinkedIn to target US secrets September 1, 2018 Chinese government spies are using fake LinkedIn accounts to target Americans with access to official secrets, according to a US counter intelligence chief. U.S. National Counter-Intelligence and Security Centre head William Evanina told Reuters that US officials have warned the platform that China is contacting thousands of LinkedIn members at a time to recruit them as spies. He called [...]
Celebrity tax avoiders banned from honours award list September 1, 2018 Celebrity tax avoiders have been banned from being awarded with knighthoods and other honours, it has been revealed. Nominees for the awards are judged by HM Revenue and Customs and the Cabinet Office, according to a memorandum of understanding, which states that "poor tax behaviour is not consistent with the award of an honour", The Times [...]
EU unemployment at lowest rate in 10 years August 31, 2018 Unemployment in the European Union is at the lowest rate in a decade, according to new figures released today. The rate of unemployment among the 28 EU countries was 6.8 per cent last month, down from 6.9 per cent in June, and 7.6 per cent in July last year, official data agency Eurostat said. Read more: Scholz: ‘Large [...]
Blackrock voted to remove Elon Musk as Tesla chairman August 31, 2018 Blackrock-managed funds voted in favour of replacing Tesla's billionaire founder Elon Musk with an independent chairman, it revealed yesterday. Funds run by the New-York based firm backed a shareholder proposal to oust Musk as chairman, its filing with the US Securities and Exchange Commission showed. More than 86m shares voted against the failed motion, which would not [...]
ISA saver numbers fall to lowest level since 2000 August 31, 2018 The number of savers using ISAs has fallen to an 18-year low as consumers seek alternative investment methods. New account numbers fell to 10.8m in 2017/18, the lowest number since 2000, according to new figures published by HMRC today. However, although there are fewer accounts, the amount of money being saved in ISAs has increased hugely – [...]
Legal costs squeeze profits at Independent News and Media August 31, 2018 Shares in newspaper company Independent News and Media fell by three per cent this morning as the publisher blamed losses on costs related to an investigation by Ireland's corporate watchdog into an alleged data breach. Read more: Corbyn’s plan for the BBC would harm the press he wants to protect The figures Total revenue was down [...]
Eurozone inflation slows in August but misses European Central Bank target August 31, 2018 Inflation in the Eurozone area slowed to two per cent this month, narrowly missing the European Central Bank (ECB) target. The drop of 0.1 per cent from 2.1 per cent in July this year has kept inflation above the ECB goal of just under two per cent. Energy is expected to have the highest annual rate this month at [...]
Turkey makes fresh attempt to boost struggling lira August 31, 2018 Turkey has cut tax levels on lira bank deposits today in an attempt to boost the weakened currency. Withholding tax on lira savings of more than a year will be cut from 10 per cent to zero, while tax on deposits of less than a year will be cut to three per cent from 12 per cent. [...]
Argentina hikes interest rates after peso plunge August 30, 2018 Argentina has hiked interest rates to 60 per cent today after the value of the peso plunged to a record low. The 15 per cent increase follows an urgent call from the government for the early release of at $50bn (£38.5bn) credit line from the International Monetary fund after the currency toppled on Wednesday amid a worsening [...]
