French tax exodus accents London’s continued allures December 18, 2012 A GROWING portion of France’s professional population is finding Francois Hollande’s attack on success to be less than appealing. Recent months have seen high-profile figures relocating to Belgium, including France’s richest man Bernard Arnault and actor Gerard Depardieu. And an increasing number are making the short hop on Eurostar to London, which now has 300-400,000 [...]
Will workers and businesses benefit from plans to cut the redundancy notice period? December 18, 2012 YES NEIL CARBERRY This is a sensible move that works in the interests of businesses and employees. When the tough decision to lay off staff has to be made, it is right to consult. But there is no reason to force businesses to delay critical decisions or to leave staff in limbo for three months. [...]
Rapid responses December 18, 2012 Corporation tax [Re: Politicians are powerless to curb our shrinking corporate tax base, yesterday] Douglas Carswell argues that, through international property migration, it is unavoidable that big corporations will mitigate their tax liabilities. But the sad consequence is that the only people who end up paying more is us, the financially immobile taxpayers. Something must [...]
Japan is ready to try anything to weaken yen December 18, 2012 JAPAN’s Liberal Democrat Party (LDP) emphatically took control of the country’s lower house on Sunday. The outcome was anticipated by currency traders, who expected the dovish LDP leader Shinzo Abe to walk into the job of Prime Minister, becoming Japan’s seventh leader in as many years. Although many believe that the LDP’s victory heralds a [...]
Uefa will ban clubs if it has to, says chief December 18, 2012 SPOTLIGHT ON financial fair play in FOOTBALL ONE OF Uefa’s top executives has told City A.M. that European football’s governing body will not shy away from banning clubs if they flout financial fair play (FFP) rules. Karen Espelund, one of president Michael Platini’s 15 executive committee (ExCo) members, said Uefa “cannot say ‘A’ and not [...]
Top flight cap on wage rise next season December 18, 2012 A CAP on Premier League clubs’ wage bill increases could take effect as soon as next season after chairmen agreed to pursue two-pronged cost-cutting plans yesterday. Proposals to introduce a break-even rule similar to European financial fair play requirements remain under discussion ahead of a likely vote in February. But while that could take years [...]
Europe’s Miracle at Medinah, the rise and rise of McIlroy: 2012 has been a vintage year December 18, 2012 THIS year was a vintage one but two stories stand out above all others: European golf’s finest hour at the Ryder Cup, and Rory McIlroy’s irrepressible ascent to the pinnacle of the game. The Ryder Cup contained a countless number of spine-tingling highlights as Jose Maria Olazabal’s Europe surged back on the final day to [...]
Benitez ready to shake on it with Warnock December 18, 2012 CHELSEA manager Rafael Benitez has declared he intends to shake hands with Leeds manager Neil Warnock ahead of their Capital One Cup quarter-final tie at Elland Road tonight despite their history of bad blood. The pair clashed in 2007 when Warnock, in charge of Sheffield United, accused Benitez of fielding a weakened Liverpool side against [...]
Tube strike to hit Arsenal’s West Ham tie December 18, 2012 ARSENAL’S Boxing Day London derby against West Ham at the Emirates Stadium is likely to be postponed due to the threat of a tube strike. London Underground drivers are planning a strike for 26 December, due to a dispute over Bank Holiday pay, which threatens to cause travel chaos across the capital. If the game [...]
UK Sport rewards boxing for knockout showing at Olympics December 18, 2012 BOXING and water polo have received huge cash boosts after UK Sport revealed a record £347m funding programme for the Rio 2016 Olympics. The investment will support Britain’s elite Olympic and Paralympic athletes and UK Sport has distributed the money based on whether the sports met their medal target at the highly successful London 2012 [...]
