Archive for the ‘Biz’

  • Alcohol duty fraud: Action needed, say off-licences
    By Emma Forde5 live Investigates The government has invested an extra 17m to tackle alcohol duty fraud UK tax authorities are not doing enough to tackle alcohol duty fraud, claims a leading off-licence chain. Bargain Booze told the BBC that the number of stores telling HM Revenue and Customs that they face illegal competition is rising. Last year HMRC received...
    published on December 23rd, 2012 at 11:15
  • US fiscal cliff: Boehner still hopes for deal
    // source: bbcuk Berita Lain: Blockbuster goes into administration HMV dan#039;confident of finding solutiondan#039; UK inflation holds steady at 2.7% Burberry shares up on sales rise King attacks prospect of tax avoidance bank bonus delay
    published on December 22nd, 2012 at 01:21
  • Bank reform plans should be tougher, Banking Commission says
    The government is moving ahead with legislation to ring-fence banks' retail and investment arms Government plans to ring-fence the banks – separate their retail businesses from their investment arms – "fall well short of what is required", a report has warned. The Parliamentary Commission on Banking Standards wants the government to "electrify"...
    published on December 21st, 2012 at 15:05
  • Insurance rules on gender will alter prices
    Car insurance premiums will witness some of the most visible changes Millions of people will see price changes on their next insurance policy following fresh rules that have now come into force. New European rules mean insurers will no longer be able to take a customer's gender into account when calculating their premiums. The changes mean that women are likely to...
    published on December 21st, 2012 at 15:05
  • Cathay Pacific averts cabin crew industrial action
    The Cathay Pacific Airways Flight Attendants Union said major concerns had been resolved Cathay Pacific Airways customers will be greeted with a smile after all, following the end of a labour dispute. Cabin crew in Hong Kong had threatened industrial action that included withholding food, alcohol and even smiles from passengers. The dispute was over pay and working...
    published on December 21st, 2012 at 15:05
  • Blackberry-maker Research in Motion sees big fall in profits
    Blackberry's current phones have struggled to compete with the iPhone and Android handsets Blackberry-maker Research in Motion (RIM) has seen its profits plunge, and reported the first fall in quarterly subscription numbers in the company's history. The Canadian firm made a net profit of $9m (5.5m) in the three months to 1 December, down from $265m a year ago. During...
    published on December 21st, 2012 at 15:05
  • MPs critical of governmentdan#039;s banking reform plans
    The government is moving ahead with legislation to ring-fence banks' retail and investment arms Government plans to ring-fence the banks – separate their retail businesses from their investment arms – "fall well short of what is required", a group of MPs has warned. The Parliamentary Commission on Banking Standards wants the government to "electrify"...
    published on December 21st, 2012 at 07:22
  • Republicans to hold vote on fiscal cliff dan#039;Plan Bdan#039;
    "We, as Republicans, have taken concrete actions to avoid the fiscal cliff," House Majority Leader Eric Cantor said The Republican-led US House is set to vote on a package of spending cuts and tax rises party leaders say will keep the US away from the "fiscal cliff". The vote includes tax rises on above $1m (614,000) on Speaker John Boehner's...
    published on December 21st, 2012 at 03:45
  • US home sales hit three-year high as GDP revised up
    Falling unemployment means more people are confident enough to buy property Sales of previously owned US homes rose in November to their highest level in three years, figures have shown. The National Association of Realtors (NAR) said sales rose 5.9% to a seasonally adjusted annual rate of 5.04 million last month. Meanwhile the economy grew faster than previously thought...
    published on December 21st, 2012 at 01:36
  • UK retail sales flat in November
    The figures were worse than analysts had expected UK retail sales failed to grow in November, adding to fears that consumers are reining in spending ahead of Christmas. Sales volumes were flat in November compared with October, the Office for National Statistics (ONS) said. They had been expected to bounce back after October's shock 0.8% fall. The one bright spot...
    published on December 20th, 2012 at 18:54