Littlewoods VAT court win leaves HMRC with £1.2bn bill
March 31st, 2014
LITTLEWOODS has won a VAT dispute with HM Revenue & Customs in the High Court, a ruling set to cost the taxman more than £1bn. The retailer contested HMRC should pay it compound interest on VAT overpayments that it ...
Co-op Bank to raise £400m as losses widen
March 24th, 2014
Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct TROUBLED LENDER the Co-operative Bank was plunged deeper into crisis today after it revealed it needs to raise another £400m of capital following the ...
Londongrad Dealmakers Threatened by Sanctions
March 18th, 2014
Russian companies have made $180 billion in deals globally in the past two years, providing steady profits to London bankers, lawyers, and image crafters as the city has become a hub for such transactions. Sanctions being imposed by the ...
Announcement from CySec
March 17th, 2014
The Cyprus Securities and Exchange Commission (the “Commission”) announces the following, regarding the certification of persons employed by Investment Firms, Credit Institutions, Management Companies and Investment Companies of Variable Capital and regarding the Public Register of Certified Persons (the ...
HMRC to be £2.2bn short on Swiss deal target, PAC told
March 12th, 2014
SIGNIFICANTLY LESS than the £3bn target will be generated through the tax deal targeting UK residents with accounts in Switzerland, HM Revenue & Customs directors have told the Public Accounts Committee. Tax assurance director Edward Troup and director-general Jim ...
Deloitte propose rent reductions in LA Fitness CVA
March 11th, 2014
DELOITTE INSOLVENCY experts have been recruited to rescue struggling gym chain LA Fitness and LA Leisure. Partners Matt Smith and Neville Kahn have been appointed nominees to supervise the Company Voluntary Arrangement (CVA) of the UK gym chain LA ...
Forex – CFD Brokers
February 4th, 2014
Account Options Broker Type: Market Maker Account Currencies: JPY, GBP, USD, EUR Minimum Deposit: $100 Majors Spread: EUR/USD: 3 GBP/USD: 4 USD/JPY: 3 Maximum Leverage: 400:1 Minimum Trade Size: 5000 Scalping: Yes Hedging: Yes Retirement Account: No Free Demo ...