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HMRC takes in record £23.9bn following tax cheat clampdown

May 27th, 2014 (0)
Tax authorities have increased their take by 15% to a record total of £23.9 billion in the year to April following a crackdown on tax avoidance schemes. HM Revenue & Customs said that £8 billion had been received in ...

Soft Futures market outlook

May 23rd, 2014 (0)
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...

Wall Street Finds New Subprime With Brokers Pitching 125% Loans

May 22nd, 2014 (0)
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...

ICAS: ‘Shouty’ tax debate over Scottish tax system

May 21st, 2014 (0)
The level of discourse around tax has done little to help inform voters, ICAS has noted, alongside the release of its paper discussing key tax and spending numbers at the centre of the independence debate. Scotland’s Tax Future; Taxes ...

Marks and Spencer sees profits fall

May 20th, 2014 (0)
Marks and Spencer has reported a 3.9% fall in underlying annual profit to £623m, the third consecutive year its profits have fallen. The retailer also said that group sales rose by 2.7% to £10.3bn in the year to 29 ...

SocGen Ex-Trader Kerviel Taken in by French Police at Border

May 19th, 2014 (0)
Jerome Kerviel, the former Societe Generale SA trader facing prison for a record banking loss, was taken charge of by French police after prosecutors said his failure to turn himself in would have made him a fugitive. More than ...

Deutsche Bank boosts finances with new capital

May 19th, 2014 (0)
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. Co-CEO Anshu Jain told analysts Monday that the fresh capital ...

Sustainability Matters

May 16th, 2014 (0)
The global accountancy profession has an important role in making organisations more responsible and accountable in the pursuit of sustainable development, says ACCA (the Association of Chartered Certified Accountants) in a new policy paper called Sustainability Matters. The paper ...

Deutsche Bank’s Birmingham legal team is growing

May 16th, 2014 (0)
Deutsche Bank has appointed a new head of legal for its Birmingham office, charged with growing the department’s size and the range of business-critical advice it provides to the bank across Europe, Asia and Africa. Jonathan Marshall joined the ...

Election results boost India stocks to another record high

May 16th, 2014 (0)
India’s benchmark index surged to a record high Friday after initial election results suggested a sweeping victory for Narendra Modi and the pro-business Bharatiya Janata Party. Investors reacted to the news with marked enthusiasm, sending Mumbai’s Sensex index up ...
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