Spring Statement: UK “prepared to act unilaterally” on tech giants tax changes March 13, 2018 The government has said it is “prepared to act unilaterally” in order to ensure digital giants are paying the taxes they owe. Launched as part of Philip Hammond’s Spring Statement today, the new document reiterates the government view that the principle that companies should be taxed based on profits where they create value is being [...]
These are the companies with the best corporate reputations in the US for 2018 March 13, 2018 Amazon has held on to the top spot among businesses with the best corporate reputation, according to an annual poll from the US. Elon Musk’s Tesla meanwhile climbed the rankings and came in third for 2018, just below supermarket chain Wegmans which held onto second place. Aldi and the Walt Disney Company also made the [...]
Lego beats British Airways, Gillette and Apple to top of UK consumer brand rankings March 12, 2018 Danish toymaker Lego has been voted the UK’s number one consumer brand in a survey of British shoppers. The toymaker, which is celebrating the 60th anniversary of the Lego brick this year, overhauled airline British Airways to top the so-called superbrand rankings for the first time. Shaving company Gillette took second spot on the list, [...]
Republicans have themselves to blame for Donald Trump’s trade war March 9, 2018 In the week since Donald Trump rocked the global order by announcing tariffs on steel and aluminium imports, the world – and his White House – have been scrambling to react. The EU has suggested sinking down to America’s level by retaliating with its own tariffs on US cars, clothes, and whisky, while China is [...]
Roux at Parliament Square review: A recent makeover brings the decor back in alignment with a sophisticated lunch menu March 6, 2018 Named after its patron Michel Roux Jr, this formerly fusty French fine-dining stalwart in Westminster was given a makeover last year to reflect the shiny fame of its current head chef, Steve Groves. After jaunts at a string of Michelin-starred restaurants, Groves joined the staff after winning Masterchef: The Professionals in 2009 and then graduated [...]
Apple employees have been walking into doors at its fancy new HQ March 6, 2018 Watching birds fly into plate glass windows may be an occupational hazard for office workers, but at Apple’s new $5bn (£3.6bn) campus in Cupertino, the employees themselves are risking similar injuries. The San Francisco Chronicle has published a transcript of one of three 911 calls made in January after Apple employees walked into the massive, [...]
Access Denied: The fight against cyber criminals March 5, 2018 Cyber-attacks defy borders and jurisdictions and are recognised as a Tier One threat to national security by the UK government. As the world becomes more connected, the attacks are becoming stronger, more frequent and more sophisticated. Nearly half of UK businesses identified at least one cyber security attack in 2016, according to UK government data, [...]
The UK’s “largest Apple reseller” Jigsaw24 rakes in more than three-times money invested as private equity owner sells up March 5, 2018 Jigsaw24, the UK's "largest Apple reseller" according to the company, has raked in a return of 3.1 times money invested for its private equity owners. The business, which also provides IT and consultancy services, has been sold by NorthEdge to fellow private equity firm Alcuin Capital Partners. Jigsaw24, which counts names such as Barclays, Disney [...]
Dialog Semiconductor says Apple supply deal in place until at least 2020 March 3, 2018 The boss of chip maker Dialog Semiconductor attempted to soothe investor fears today, saying Apple will keep using its products to at least 2020. Chief executive Jalal Bagherli told German newspaper Euro am Sonntag that Apple has already commissioned chips for 2019 and 2020. The tech giant is the UK-based manufacturer’s biggest customer. But Dialog’s [...]
2017 company earnings in graphs March 2, 2018 Each week during the earnings season, Charles Stanley Earnings Tracker looks at reported earnings from major markets across the globe and compares them with analysts’ expectations. It covers the S&P, FTSE 100,FTSE 350 and the Topix and also contains forward-looking earnings forecasts. As central banks prepare to reduce stimulus measures, solid corporate earnings growth is [...]