HSBC heads for blockbuster trial today over Disney film tax scheme February 5, 2024 HSBC will defend itself from a £240m legal action by more than 500 investors over a Disney film tax scheme that resulted in large tax bills.
BGC Partners settles fraud lawsuit against former London partner January 30, 2024 US broker BGC Partners has settled a fraud claim it brought against a former long-serving London partner a week before the trial was due to take place.
Disposable vapes to be banned as government cracks down on e-cigarettes January 29, 2024 Disposable vapes are set to be banned in the UK amid a wider government crackdown on e-cigarettes.
Back in the game: Venture Capital Trust to raise after Chancellor’s stay of execution January 25, 2024 A venture capital trust (VCT) is set to launch a £50m fundraise on the London Stock Exchange next month in one of the first major moves since Jeremy Hunt delayed a phase-out
Aviva, L&G and top Tory MP piles pressure on Chancellor to open up share schemes January 24, 2024 Sir Graham Brady and some of Britain’s biggest firms, including Aviva and BAE Systems, are piling pressure on the chancellor to overhaul so-called share incentive plans and unlock a “new wave of employee share ownership”, City A.M. can reveal.
Our credit scoring system is out of date and Generation Rent is paying the price January 23, 2024 Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.
Heather Mills hits back after striking rescue deal for collapsed vegan food firm VBites January 22, 2024 Heather Mills's vegan food business owed more than £10m when it collapsed into administration at the end of 2023, new documents have revealed.
No dipping out on tax as Walkers’ Sensations Poppadoms deemed ‘crisps’ January 19, 2024 Walkers’ Sensations Poppadoms ‘are similar to potato crisps’ and therefore are not eligible for the zero-rated VAT, rules Tax Tribunal. Walkers Snack Foods, the subsidiary of US food giant PepsiCo, appealed a decision by the HM Revenue and Customs (HMRC) that certain products sold by the Walkers are taxable at the standard rate. Walkers contend [...]
Current VAT threshold poses threat to small business growth, FSB warns January 16, 2024 The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".
How one manufacturer collapsed into administration owing over £100m before being rescued January 16, 2024 The story of how a group that manufactured buses and police cars collapsed into administration owing more than £100m and led to over 150 people to lose their jobs has been revealed for the first time.