French Court Rejects 75% Tax Rate For Rich

French president Francois Hollande has suffered a fresh setback as the country's highest court threw out his plan to tax the ultra-wealthy at a 75% rate, saying it was unfair. It had been one of the flagship campaign promises of Mr Hollande's election...

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Norovirus Cruise: 'Outbreaks' On Two Ships

More than 400 passengers and crew have been sick with vomiting and diarrhoea as suspected norovirus hits two cruise ships sailing in the Caribbean. Both luxury liners, the Queen Mary 2 and the Emerald Princess, reported the outbreak to the Centres for...

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Fiscal Cliff: Markets Fall As Deadline Looms

European stock markets have opened nervously as the clock ticks down to the New Year deadline for a deal to prevent the US falling over the so-called 'fiscal cliff'. A series of costly tax rises and spending cuts worth more than $500bn will come into...

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Hector Sants: Ex-FSA Chief Awarded Knighthood

The man tasked with regulating the City in the run-up to the near-collapse of the UK banking system has been knighted in the Queen's New Year Honours. Former Financial Services Authority (FSA) chief executive Hector Sants has been recognised for services...

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French Court Rejects 75% Tax Rate For Rich

French president Francois Hollande has suffered a fresh setback as the country's highest court threw out his plan to tax the ultra-wealthy at a 75% rate, saying it was unfair. It had been one of the flagship campaign promises of Mr Hollande's election...

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Norovirus Cruise: 'Outbreaks' On Two Ships

More than 400 passengers and crew have been sick with vomiting and diarrhoea as suspected norovirus hits two cruise ships sailing in the Caribbean. Both luxury liners, the Queen Mary 2 and the Emerald Princess, reported the outbreak to the Centres for...

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Fiscal Cliff: Obama 'Optimistic' After Talks

Mr Burns Explains The Fiscal Cliff Updated: 3:03pm UK, Friday 07 December 2012 The Simpsons character Mr Burns has managed to explain the "fiscal cliff" with a pithy cartoon. It may be a complex and political concept, but with the use of a simple...

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Hector Sants: Ex-FSA Chief Awarded Knighthood

The man tasked with regulating the City in the run-up to the near-collapse of the UK banking system has been knighted in the Queen's New Year Honours. Former Financial Services Authority (FSA) chief executive Hector Sants has been recognised for services...

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Pig Farming Crisis To Push Up Pork Prices

By Emma Birchley, Sky News Correspondent Supplies of British pork on shop shelves are under threat as pig farmers struggle to stay in business. Cripplingly high feed costs caused by global wheat and soya shortages have forced many farms to close...

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Fiscal Cliff: Obama Calls Leaders To White House

Opinion: President Obama Must Find Diplomacy Skills Updated: 3:58pm UK, Thursday 27 December 2012 By David Buik, Cantor Index President Obama and his charming wife Michelle recently posed for Christmas holiday photographs in Hawaii – all chilled...

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UK Economy: Workers Face A 'Hard Year Of Slog'

A number of reports are warning of a tough 2013 in the jobs market, with one study predicting it will be a "hard year of slog" for even those in work. Dr John Philpott, director of The Jobs Economist, believes workers can expect longer hours, a continued...

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Autonomy Founder Rounds On HP Accusers

Mike Lynch Statement In Full Updated: 10:42am UK, Friday 28 December 2012 Here is the full statement released by Mike Lynch, Autonomy's founder, in response to HP's regulatory filing in the US on Thursday: ""It is extremely disappointing that HP has...

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Fiscal Cliff: Obama Cuts Holiday Short

US President Barack Obama has cut short his Christmas holiday in Hawaii to return to Washington for crisis talks on averting the so-called 'fiscal cliff'. The White House and Congress have until the end of the month to reach a compromise on how to avoid...

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Graphene: Super Funds For Super-Material

Investment funds totalling £21.5m are going to some of Britain's top universities to develop commercial uses for the "super-material" graphene. Manchester University academics Andre Geim and Konstantin Novoselov won the 2010 Nobel Prize in Physics for...

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JD Wetherspoon To Create 1,200 Jobs

The pub chain JD Wetherspoon has announced plans to create 1,200 jobs during 2013 and said the number would have been greater but for the tax regime facing the industry. The expansion plans will see 30 pubs open in cities across the UK, adding to the...

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Pop-Up Shops Benefit From Empty High Street

By Lisa Dowd, Midlands Correspondent With 20 shops closing every day on Britain's high streets, some premises are being temporarily rented out for as little as £1 a week to pop-up businesses. One in six premises now stands empty compared with one...

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Boxing Day Sales: Bargain Hunters Hit Shops

Bargain hunters are hitting shops up and down the country as the Boxing Day sales get under way. People queued overnight in London's Oxford Street in preparation for stores opening this morning, with thousands pouring through the doors of Selfridges...

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Tube Strike: Shoppers Face Boxing Day Delays

London Underground drivers have gone on strike on Boxing Day for the third consecutive year, causing major disruptions to Christmas bargain-hunters and visitors to the capital. The train drivers' union Aslef stopped work today for the first of three...

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House Prices Predicted To Edge Down In 2013

House prices across the country fall by 1% during 2013 as the London market shows signs of cooling, property analysts have said. Prices fell 0.1% month-on-month in December, marking the sixth month in a row that this has happened, and average prices...

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Belgian Chocolate: Is Its Reputation Melting?

By Robert Nisbet, Europe Correspondent Belgium's reputation as the world's chocolate capital could be melting as emerging markets develop a sweet tooth and the recession continues to bite. The region became the base for the industry shortly after...

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Christmas Day Online Sales Surge Predicted

Bargain season begins in force today as online retailers slash prices ahead of an expected onslaught of consumers hitting the high street for the traditional Boxing Day sales. Amazon's UK website said it had seen sales on Christmas Day increase by 263%...

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UK Economic Growth Less Than Expected

Britain's growth figure for the third quarter has been revised to 0.9% by the Office for National Statistics. That is down from their previous estimate of 1%. Britain's dominant services sector posted meagre growth in October, adding to the challenge...

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BAE Systems Strikes £2.5bn Deal With Oman

By Alistair Bunkall, Defence Correspondent A deal worth £2.5bn has been completed between British defence manufacturer BAE Systems and Oman. It will see BAE provide the Gulf state with 12 Eurofighter Typhoon aircraft and eight Hawk training jets....

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House Prices Predicted To Edge Down In 2013

House prices across the country fall by 1% during 2013 as the London market shows signs of cooling, property analysts have said. Prices fell 0.1% month-on-month in December, marking the sixth month in a row that this has happened, and average prices...

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BT Slapped With £95m Refund Bill

BT has been told it must repay almost £95m to corporate customers following a row over high speed data provision. The regulator Ofcom ruled the company had overcharged for Ethernet services and must hand back £94.8m to communication providers BSkyB...

18.56 | 0 komentar | Read More

UK Economic Growth Less Than Expected

Britain's growth figure for the third quarter has been revised to 0.9% by the Office for National Statistics. That is down from their previous estimate of 1%. Britain's dominant services sector posted meagre growth in October, adding to the challenge...

18.56 | 0 komentar | Read More

BAE Systems Strikes £2.5bn Deal With Oman

By Alistair Bunkall, Defence Correspondent A deal worth £2.5bn has been completed between British defence manufacturer BAE Systems and Oman. It will see BAE provide the Gulf state with 12 Eurofighter Typhoon aircraft and eight Hawk training jets....

18.56 | 0 komentar | Read More

UK Economic Growth Less Than Expected

Britain's growth figure for the third quarter has been revised to 0.9% by the Office for National Statistics. That is down from their previous estimate of 1%. Britain's dominant services sector posted meagre growth in October, adding to the challenge...

18.56 | 0 komentar | Read More

BAE Systems Strikes £2.5bn Deal With Oman

By Alistair Bunkall, Defence Correspondent A deal worth £2.5bn has been completed between British defence manufacturer BAE Systems and Oman. It will see BAE provide the Gulf state with 12 Eurofighter Typhoon aircraft and eight Hawk training jets....

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Retailers Geared Up For 'Busiest Day'

By Tadhg Enright, Business Correspondent As the last full shopping day before Christmas Eve, today is expected to be the busiest day of the year on high streets and in shopping centres. The British Retail Consortium expects between £4bn and £5bn...

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BT Slapped With £95m Refund Bill

BT has been told it must repay almost £95m to corporate customers following a row over high speed data provision. The regulator Ofcom ruled the company had overcharged for Ethernet services and must hand back £94.8m to communication providers BSkyB...

18.56 | 0 komentar | Read More

UK Economic Growth Less Than Expected

Britain's growth figure for the third quarter has been revised to 0.9%, by the Office for National Statistics. That is down from their previous estimate of 1%. Britain's dominant services sector posted meagre growth in October, adding to the challenge...

18.56 | 0 komentar | Read More

BAE Systems Strikes £2.5bn Deal With Oman

By Alistair Bunkall, Defence Correspondent A deal worth £2.5bn has been completed between British defence manufacturer BAE Systems and Oman. It will see BAE provide the Gulf state with 12 Eurofighter Typhoon aircraft and eight Hawk training jets....

18.56 | 0 komentar | Read More

4G Auction: Seven Firms To Compete For Space

There will be two relative strangers to mobile users among the firms bidding in next year's 4G auction. Ofcom announced there would be seven companies competing for space in what will be the biggest ever sale of the UK's mobile airwaves. The regulator...

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