EU pushes for new technology tax on internet giants Facebook, Amazon and Google October 10, 2018 The EU is pushing for a new tax on technology giants such as Facebook, Amazon and Google that it claims could raise £4.4bn a year across Europe. Seven months ago, the European Commission published proposals for a three per cent tax on the revenues of multi-national internet companies with global revenues above £660m a year. [...]
FTSE roundup: This week’s winners and losers October 5, 2018 The FTSE 100 ended the week nearly 86 points down today, with the index losing 1.16 per cent of its value. Unilever's shares are also down 0.4 per cent at 4,061p share following its reversal on its former plans to move headquarters exclusively to Rotterdam. Read more: Unilever scraps proposals to leave London headquarters Intu [...]
Crispgate: Walkers announces new recycling scheme for crisp packets October 5, 2018 Walkers has announced a new recycling scheme two weeks after Royal Mail asked anti-plastic campaigners to stop posting empty crisp packets without envelopes. From December fans of the savoury snack company can post used packets in envelopes free of charge, directly to a recycling company. All brands of crisp packets will be accepted as part [...]
Looking for a job? Starting salaries just grew at their fastest rate in three years October 5, 2018 Starting salaries for permanent jobs have increased at their quickest rate in three years, according to data compiled by independent recruitment site Rec and London-based information provider IHS Markit. Drawing on information provided by recruitment consultancies, they have published The IHS Markit/Rec Report on Jobs, which surveys the position of the UK labour market every month. Pay [...]
M&S, Tesco and Primark bosses to face MPs over fast fashion ‘waste’ October 5, 2018 Parliament's environmental audit committee has asked the bosses of 10 UK clothing retailers to reveal their environmental records, amid concerns about serial clothes dumping. High street staples Marks & Spencer, Primark, Next, Tesco, Asda and Sports Direct – among others – will also be summoned to parliament to face questions from the committee in November. Fast fashion is shorthand [...]
Toyota recalls 2.4m hybrid vehicles over stalling issue October 5, 2018 Toyota has announced a worldwide recall of 2.43m hybrid vehicles because of a systems issue that could cause them to lose power and stall. They said that power steering and braking would still work but stalling at a fast speed could increase risks of a crash. The recall includes all Prius and Auris models manufactured [...]
Former footballer Scott Ward launches new scheme with EY to support retiring athletes October 4, 2018 One of the lowest points of Scott Ward’s career came when he was without a contract and training with Millwall, hoping to rebuild his fitness after leaving boyhood club Luton Town. Ward bumped into a group of his former Luton team-mates while walking down the high street, but when they asked what he was doing [...]
Qarabag v Arsenal: The rise of Azerbaijan’s five time champions October 3, 2018 When Arsenal take the field tonight, they will be hoping that it is just the first of two visits this season to the Baku Olympic Stadium. The Gunners are making a 5,000-mile round trip for their second Europa League group stage fixture against FK Qarabag, a record distance for the club in major competitions. Should [...]
ATP World Tour’s exciting final few months is defined by withdrawals as race to world No1 is ruined by injuries October 2, 2018 When Novak Djokovic held the US Open trophy aloft last month, his return to the elite level of tennis was resoundingly complete. Alongside confirming his legacy as one of the greats with back-to-back grand slam titles, Djokovic also reignited the race for the world No1 ranking. The Serbian is currently ranked third, and has 6,445 [...]
Brexit negotiator Michel Barnier puts himself out of contention for EU presidency September 28, 2018 The EU's chief Brexit negotiator, Michel Barnier, has put himself out of the running to become the centre-right's candidate to replace departing Jean-Claude Juncker as president of the European Commission. Barnier's announcement ends a protracted period of speculation suggesting that he would throw his hat into the ring for the role of Spitzenkandidat in the [...]
