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- Tax Saving Accountants
- 25 Jun 09
Banking crises is easing says Bank of England
The Bank of England says conditions in the financial system are easing, although the banking system is fragile and vulnerable to disruption. The Financial System Sees A Loss Of £10tn In its Financial Stability Report, it said the total losses from the financial crisis reached $15tn (£10tn). However, that is a substantial improvement from March”s […]
- Tax Saving Accountants
- 22 Jun 09
House sales is rising
The number of homes sold in the UK has continued to rise, according to HM Revenue and Customs (HMRC). Some 62,000 residential properties costing more than £40,000 were sold in May, up 7% on the previous month. The figure was the highest since October but still well down on the level of transactions seen during […]
- Tax Saving Accountants
- 20 May 09
Toyota reviews product ranges
Toyota is to review all of its products as the new president seeks to revive the world's biggest carmaker. Akio Toyoda, the grandson of the company's founder, also said the next two years would remain tough as the recession has sapped demand for cars. Toyota in May reported the biggest annual loss in its history, […]
- Tax Saving Accountants
- 1 Mar 09
4 billion tax being lost in the uk offshore
The UK is losing at least £4bn a year through residents holding money in offshore tax havens, research claims. Offshore Tax Havens In Jersey, Guernsey & Isle Of Man Jersey, Guernsey and the Isle of Man were among popular spots for the wealthy to hold savings, the TUC said. EU rules allow UK residents to […]
- Tax Saving Accountants
- 27 Feb 09
Fifteen percent in one year for house prices
House prices in England and Wales in January were 15.1% lower than a year earlier, says the Land Registry. The figures from the survey, widely regarded as the most authoritative, reveal that prices dropped by 0.8% in January compared with December. This is the 17th month in a row that average prices have fallen, following […]
- Tax Saving Accountants
- 26 Feb 09
Bank charges appeal thrown out by eight banks in the uk
An appeal by eight banks, against a High Court ruling that a regulator can investigate the fairness of overdraft charges, has been thrown out. The Office Of Fair Trading Welcomes The Appeal Court Ruling The Appeal Court ruled that the Office of Fair Trading (OFT) has the power to investigate the issue of bank charges. […]
- Tax Saving Accountants
- 29 Jan 09
TUC – Banks must come clean
The TUC has called on the government to force High Street banks to come clean about their activities in tax havens. It wants those banks that have received taxpayer money, or assistance from the Bank of England, to fully disclose their tax payments in these tax havens. The union said its research showed that Barclays, […]
- Tax Saving Accountants
- 5 Dec 08
Innovation my curb recession with invertment
The government needs to deliver a ‘new economic deal” for UK business, according to leading investment groups. The National Endowment for Science, Technology and the Arts (NESTA) is calling on the government to commit set long-term goals to rebuild the economy beyond the ‘short-term” fiscal stimulus of the Pre-Budget Report. View the full article here
- Tax Saving Accountants
- 5 Dec 08
Businesses Must Guard Against Fraud
Business fraud has been described by the British Metropolitan Police as “simply the intent or the act of misrepresentation – scammers lying about themselves or their actions and services – to cause a gain or loss.” Businesses need to remain wary of fraud despite a rise in fraudster prosecutions, new figures show. National crime statistics […]
- Tax Saving Accountants
- 2 Dec 08
Silver Lining for Businesses
Over a quarter of UK entrepreneurs believe the economic downturn has the potential for new business opportunities, new research suggests. These new opportunities include taking clients from competitors, buying stock at lower prices or acquiring other companies, a poll by entrepreneur think tank the Tenon Forum found. London entrepreneurs are the most confident about new […]