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.... . According to a report commissioned by Green MEPs in the European Parliament, Malta helped multinationals avoid paying €14bn (£12bn;$15. ... [Read full article on BBC ]
Thursday 25th of May 2017 09:54:43 PM
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....Since then, a Socialist-led coalition has reversed those austerity measures. EU economy commissioner Pierre Moscovici said the outcome was "extremely good news" for Portugal. ... [Read full article on BBC ]
Monday 22nd of May 2017 11:27:55 AM
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....The Church Commissioners, whose target is making a return of inflation plus five percentage points, said it had been partly aided in 2016 by sterling’s weakness after the Brexit vote, with the fall in the value of the pound accounting for about half the gains made on its equity portfolio. First church estates commissioner Sir Andreas Whittam Smith said: “Contributing to this stellar out-turn was a strong showing by global equities (+32. ... [Read full article on Guardian ]
Sunday 21st of May 2017 01:08:44 PM
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.... The Church of England is among investors supporting the proposal, along with several European pension funds. “I’m not expecting that it will pass but the resolution is well-worded and we support its intent – it’s something the board should be taking note of,” said Adam Matthews, head of engagement for church commissioners at the C of E. ... [Read full article on Guardian ]
Sunday 21st of May 2017 10:38:07 AM
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....However, he was now "fully signed up" to UK's decision to leave the EU. EU financial services commissioner Valdis Dombrovskis is arguing that either the EU should have greater policing powers over euro-clearing in London or the business should relocate to the EU. ... [Read full article on BBC ]
Monday 22nd of May 2017 08:19:45 AM
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....Three of the six donors – Taylor, Bseisu and Temerko – attended meetings of the Conservatives’ Leader’s Group donor club, which offers dinners and drinks events with the prime minister and senior members of the cabinet in exchange for a £50,000 annual fee. According to the Conservatives’ 2017 manifesto, the Tories plan to aid the development of the decommissioning industry and the construction of the UK’s first ultra-deep water port. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 05:00:43 AM
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....”. If the findings of a new study commissioned by Laithwaite’s Wine are anything to go by, changing levels of temperature and rainfall in Britain could create opportunities for budding viticulturists in areas farther north, including the east of England and even Edinburgh, potentially becoming leading wine producing regions by 2100. ... [Read full article on Guardian ]
Wednesday 24th of May 2017 07:00:30 AM
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....Unions have expressed anger at the proposal that workers on zero-hours contracts should be the given the right to request guaranteed hours, saying it does not go far enough. A government-commissioned review into employment practices is expected to make the recommendation next month. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 09:42:36 AM
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.... This was after an official investigation found that they were involved in a venture where people were cold called and persuaded to transfer their pensions “on the basis of misrepresentations made” concerning returns. The investigation found that the only investments offered to the public were storage pods marketed for sale by Store First, which paid commissions of up to 46% to another company which was part of the overall scheme. ... [Read full article on Guardian ]
Saturday 27th of May 2017 06:00:20 AM
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.... Punters’ losses on FOBT machines are the equivalent of nearly £5m a day, every day of the year. The commission’s figures showed that gamblers’ losses on the machines continue to grow, and increased by £57m from the last update in November to £1. ... [Read full article on Guardian ]
Thursday 25th of May 2017 09:03:23 AM
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Latest Finance News related to Commission

Serious Fraud Office warns of £120m pension scam image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
.... This was after an official investigation found that they were involved in a venture where people were cold called and persuaded to transfer their pensions “on the basis of misrepresentations made” concerning returns. The investigation found that the only investments offered to the public were storage pods marketed for sale by Store First, which paid commissions of up to 46% to another company which was part of the overall scheme. ...
UK gamblers lose record £13.8bn as industry braces for FOBT crackdown image
.... Punters’ losses on FOBT machines are the equivalent of nearly £5m a day, every day of the year. The commission’s figures showed that gamblers’ losses on the machines continue to grow, and increased by £57m from the last update in November to £1. ...
English champagne anyone? British wine goes from sad to sparkling image
Source : Guardian [Read Article] Wednesday 24th of May 2017 07:00:30 AM
....”. If the findings of a new study commissioned by Laithwaite’s Wine are anything to go by, changing levels of temperature and rainfall in Britain could create opportunities for budding viticulturists in areas farther north, including the east of England and even Edinburgh, potentially becoming leading wine producing regions by 2100. ...
Unions say Tories' zero-hours workers' review doesn't go far enough image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 09:42:36 AM
....Unions have expressed anger at the proposal that workers on zero-hours contracts should be the given the right to request guaranteed hours, saying it does not go far enough. A government-commissioned review into employment practices is expected to make the recommendation next month. ...
Oil bosses have given £390,000 to Tories under Theresa May image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 05:00:43 AM
....Three of the six donors – Taylor, Bseisu and Temerko – attended meetings of the Conservatives’ Leader’s Group donor club, which offers dinners and drinks events with the prime minister and senior members of the cabinet in exchange for a £50,000 annual fee. According to the Conservatives’ 2017 manifesto, the Tories plan to aid the development of the decommissioning industry and the construction of the UK’s first ultra-deep water port. ...
'Ordinary' people image
Source : BBC [Read Article] Monday 22nd of May 2017 11:27:59 PM
.... . As a result, the government has commissioned a high-profile review of employment practices in the modern economy which will report later this year. ...
Portugal back to fiscal health, says EU image
Source : BBC [Read Article] Monday 22nd of May 2017 11:27:55 AM
....Since then, a Socialist-led coalition has reversed those austerity measures. EU economy commissioner Pierre Moscovici said the outcome was "extremely good news" for Portugal. ...
EU accused of anti-City 'protectionism' image
Source : BBC [Read Article] Monday 22nd of May 2017 08:19:45 AM
....However, he was now "fully signed up" to UK's decision to leave the EU. EU financial services commissioner Valdis Dombrovskis is arguing that either the EU should have greater policing powers over euro-clearing in London or the business should relocate to the EU. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
....The Church Commissioners, whose target is making a return of inflation plus five percentage points, said it had been partly aided in 2016 by sterling’s weakness after the Brexit vote, with the fall in the value of the pound accounting for about half the gains made on its equity portfolio. First church estates commissioner Sir Andreas Whittam Smith said: “Contributing to this stellar out-turn was a strong showing by global equities (+32. ...
Shell shareholders to vote for new climate change goals image
Source : Guardian [Read Article] Sunday 21st of May 2017 10:38:07 AM
.... The Church of England is among investors supporting the proposal, along with several European pension funds. “I’m not expecting that it will pass but the resolution is well-worded and we support its intent – it’s something the board should be taking note of,” said Adam Matthews, head of engagement for church commissioners at the C of E. ...
Picture perfect: how to make an art of your investments image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
.... They sell for between £800 and £6,000. ARTOVERT is a cheap platform for artists to sell their work – commission applied to sales is only 2%, the lowest in the commercial art world, compared with 40% at New Blood Art. ...
How to measure success in the world of megaprojects | Jane Dudman image
Source : Guardian [Read Article] Friday 19th of May 2017 06:09:48 AM
.... At a recent seminar on whether bigger infrastructure projects really are better, Dedring told the audience this is often the case, politically, at least. Why should this be so? Bridget Rosewell, a commissioner at the National Infrastructure Commission and one of the other panellists at the seminar hosted by the Institute for Government thinktank, pointed out that there’s plenty of analysis to show that smaller, more incremental infrastructure and transport projects work better, because it is easier to gauge their impact. ...
London City first in UK to get remote air traffic control image
Source : BBC [Read Article] Friday 19th of May 2017 12:02:02 AM
....". The airport is planning to decommission its traditional tower in 2019, replacing it with a new 164ft (50m) digital tower - 104ft (32m) taller than the existing one. ...
Tories receive £50,000 from man questioned by Serious Fraud Office image
Source : Guardian [Read Article] Thursday 18th of May 2017 02:12:09 PM
.... The Liberal Democrats raised only £180,000 in the same time period, which is likely to raise further questions about their appeal under Tim Farron. The commission’s figures show that Theresa May’s party has launched a major fundraising drive among its wealthiest donors, with the aim of raising £19m for the general election. ...
Trump 'laptop' ban may not be extended to flights from Europe image
Source : Guardian [Read Article] Thursday 18th of May 2017 10:36:51 AM
....The “high level” meeting had been requested by EU officials because of concerns that information about a possible security threat had not been shared with Brussels, and that major travel disruption would ensue should America act unilaterally. Pushed as to whether the laptop ban had been dropped, the European commission’s chief spokesman, Margaritis Schinas, declined to offer any cast-iron assurances during his daily press conference in Brussels, saying: “No ban on electronic devices was announced. ...
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
....Facebook has been fined €110m (£94m) by the EU for providing misleading information about its 2014 takeover of WhatsApp. The European commission said it had imposed a “proportionate” fine on the technology company to send a clear signal that all firms must comply with EU competition rules. ...
Tesla factory workers reveal pain, injury and stress: 'Everything feels like the future but us' image
. When Tesla bought a decommissioned car factory in Fremont, California, Elon Musk transformed the old-fashioned, unionized plant into a much-vaunted “factory of the future”, where giant robots named after X-Men shape and fold sheets of metal inside a gleaming white mecca of advanced manufacturing. ...
EU insists trade deals must meet its labour  and competition standards image
Source : Guardian [Read Article] Thursday 18th of May 2017 06:21:29 AM
....Countries seeking a trade deal with the EU should meet European standards on labour law and fair competition, one of the bloc’s most senior officials has said in remarks that reinforce Brexit red lines. Margrethe Vestager, the EU competition commissioner, described the trade agreement with Canada as a model for the future because it enshrined recognition of labour standards, human rights and animal welfare. ...
VW emissions: bosses face investigation over claims they misled investors image
....In a separate development on Wednesday, the EU launched legal action against Italy over claims it overlooked attempts by Fiat Chrysler to cheat on diesel emission tests. Italy has become the latest member state to be accused by the European commission – the EU’s executive body – of ignoring the installation of so-called defeat devices in cars, in a scandal that continues to reveal both the alleged illegal practices of major manufacturers and the weakness of national regulators. ...
Affordable art image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:00:59 PM
....He says his experience taught him that most artists "just didn't have a chance" to succeed, and he wanted to change this. The firm charges a 30% commission on all sales, and to address the obvious issue that it's hard to buy something so visual online, funds free returns. ...
Cancer drug price hike company investigated image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:54:18 AM
.... . "But when the price of a drug suddenly goes up by several hundred per cent, this is something the commission may look at. ...
Online betting firm 888 investigated by watchdog image
Source : Guardian [Read Article] Monday 15th of May 2017 02:37:15 PM
....But sources familiar with the situation said the review was looking into whether 888’s systems had been effective at blocking gamblers who chose to use it. The commission does not comment on reviews until it has reached a verdict on whether a company has transgressed the rules of its licence to operate. ...
BP shareholders urged to reject chief's £9m pay package image
Source : Guardian [Read Article] Monday 15th of May 2017 09:12:53 AM
....“We’ve noted this year that there has been some improvement on executive remuneration. That said, it is still an extremely large award when you look at the whole package and compared to peers so we obviously remained concerned,” said Adam Matthews, head of engagement for the church commissioners. ...
Business leaders want next government to build two more runways image
Source : Guardian [Read Article] Sunday 14th of May 2017 11:01:29 PM
....Business leaders have called for the next government to build two more runways, demanding that a follow-up Airports Commission be established only months after Heathrow’s third runway was approved. The Institute of Directors urged that a fast-track commission be set up immediately after the election to recommend locations for two additional runways within a year. ...
Anti-corruption police investigate UK firm over ex-Nigerian warlord deal image
....Anti-corruption investigators in four countries are examining a British firm’s links to a multimillion-pound defence deal involving a former Nigerian warlord. Investigators in the UK, the US, Nigeria, and Norway are scrutinising Cas-Global after it was alleged that the firm paid a bribe to a Norwegian official as part of the sale of seven decommissioned naval vessels. ...
Office sauna image
Source : BBC [Read Article] Sunday 14th of May 2017 12:30:10 AM
....The trouble is, says Ms Coatman, that they have very low expectations of the workplace. This theory was echoed in a recent poll commissioned by the RSA which suggested that fewer than one in 10 workers thought that "all work was fair and decent". ...
Labour has big spending ideas, but no plan to earn our trust | Phillip Inman image
.... And charging an extra 5p in the pound to this group is punishing. Tony Blair, Peter Mandelson and those behind the New Labour project in the 1990s understood the mood of the public and its reluctance to commission the rebuilding of the country’s infrastructure without people who looked and acted like structural engineers on board. ...
Great bed and power shower: is this really a budget hotel? image
Source : Guardian [Read Article] Saturday 13th of May 2017 03:00:03 PM
....Travelodge chief executive Peter Gowers, a former InterContinental director who was brought in four years ago to oversee the chain’s turnaround, argues that in the post-crunch economy, “we’re all budget travellers now”. Research commissioned by GTMC, which represents major travel management companies in the UK, shows that mid-range and budget hotels accounted for more business trips than luxury hotels last year. ...
Inside the new Battersea Power Station image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:00:41 AM
....A glass lift is to be built to take visitors to a viewing platform atop the power station’s landmark white chimneys, where they will have sweeping views across the river from a height of more than 100m (330ft). The power station has lain empty since it was decommissioned in 1983. ...
Labour would scrap rises in pension age image
Source : BBC [Read Article] Thursday 11th of May 2017 02:59:31 PM
....". If the party were in government, it would commission a new review of pension ages, hot on the heels of the official review just completed by the former business leader, John Cridland. ...
Keurboom Communications fined record £400,000 over nuisance calls image
Source : Guardian [Read Article] Thursday 11th of May 2017 07:42:52 AM
....A company that made almost 100m nuisance calls in 18 months has been fined a record £400,000 by the data watchdog. The information commissioner’s office said the automated calls by Keurboom Communications had caused “upset and distress” and led to more than 1,000 complaints. ...
Smirnoff owner Diageo to pay HMRC £107m in 'Google tax' crackdown image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:54:14 PM
.... It did not disclose the actual tax paid. There has been a clampdown on tax avoidance by multinationals in Europe by national governments and the EU commission, the executive arm of the European Union. ...
Dramatic minimum wage rises will put low-paid jobs at risk, says IFS image
Source : Guardian [Read Article] Wednesday 10th of May 2017 05:47:26 PM
....Earlier this week John Lewis revealed that it profits would be cut by £36m after it found a payroll error that breached minimum wage rules. The IFS report argued modest increases in the minimum wage recommended by the low pay commission each year from its inception in 1999 until 2015 succeeded in raising wage levels at the low end of the pay scale without hurting job creation. ...
How to get the best return when selling your overseas holiday home image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 12:00:00 AM
....For those simply looking to release equity from their properties and repatriate it back to the UK, the current weakness of sterling is advantageous - you have made a profit on the original value of the property before any increase in its intrinsic value is even factored in. As you can see, this also benefits you if you are looking to sell your property quickly, because even getting the same as you paid for it originally will see you more sterling back than it cost you first time around - although you would have to factor in estate agent's commission and other such fees and taxes related to selling a property. ...
UK firms struggle to find employees – even before Brexit bites image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:01:52 AM
....The signs of rising demand for temporary staff will fan fears about economic insecurity for UK workers as many find themselves struggling to make ends meet because they are on zero-hours contracts or taking work on a self-employed basis with no access to holiday or sick pay. In response to such worries, Theresa May last year commissioned a review of modern employment from Matthew Taylor, the head of the Royal Society of Arts (RSA). ...
B&Q to stop selling plants grown with bee-harming pesticides image
Source : Guardian [Read Article] Monday 8th of May 2017 11:01:45 PM
....A series of scientific studies have shown that bees are exposed to neonicotinoid pesticides in fields and suffer serious harm from the doses they receive. The European commission has drawn up draft legislation to ban the pesticides, citing “high acute risks to bees”. ...
Robotics, AI​​ and 3D printing could close UK's productivity gap image
.... When he met the Guardian, he was preparing to appear on BBC1’s Question Time in Wigan, alongside panellists including the Brexit secretary, David Davis, and the Ukip leader, Paul Nuttall. His brief as head of the industrial digitalisation review commissioned by the government is to work out how can the UK can better deliver existing technologies, how it can create new industries and, in doing so, whether the UK can generate a net increase in manufacturing jobs despite greater levels of automation. ...
Lancashire living rooms: the backdrop to cottage industry revolution image
Source : Guardian [Read Article] Saturday 6th of May 2017 12:02:08 PM
....The 38-year-old is at the forefront of a domestic manufacturing revolution: 200 years on from a time when most people of Pennine Lancashire used their homes at the peak of the cottage industry boom, the area is seeing a renaissance as small-scale producers set up shop in their living rooms and kitchens, selling online via Facebook and Instagram to consumers tired of globalised mass production, who increasingly want to buy local. “These days it’s almost a status thing to say: ‘Look what I bought, I had a conversation with the maker, I know where all the materials are sourced from,’” said Elena Gifford, director of the National Festival of Making, who has commissioned a film celebrating Bilal and her company, Pie Mezzanae, as well as other small-scale producers. ...
Bristol housing charity tops list of UK’s most-prosecuted landlords image
....The Charity Commission opened a compliance case against Alternative Housing last year and refused to comment on the case. However, a spokesman said: “The commission takes very seriously its duty to maintain public trust and confidence in charities and takes robust action against those who abuse charitable status or who fail to comply with their legal duties. ...
The Great Recession hurt millions. Now, Republicans want to risk a repeat | Keith Ellison image
.... This means they will steer you toward high-cost retirement funds because it helps their bottom lines. This is what the Financial Choice Act will bring: higher fees, hidden commissions and less oversight. ...
Households in southern England urged to save water after dry winter image
....The last major drought warnings for most of the country occurred in 2012, but there have been localised problems and close calls since. A report last year commissioned by water companies found that the risk of drought was increasing because of climate change and a lack of water infrastructure. ...
MPs' report on FOBTs found to breach parliamentary standards image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:51:21 PM
.... A cross-party group of politicians, backed by casinos, amusement arcades and pubs, was deemed to have broken the rules four times in a report calling for the maximum stake on FOBTs to be reduced from £100 to £2. Breaches cited by the parliamentary commissioner for standards include a lack of transparency about free advice the group received from a public affairs firm employed by gambling companies that do not offer FOBTs. ...
Hard Brexit would cost us £500m a year, says oil and gas industry image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 02:09:22 PM
....The UK oil industry has contributed £190bn to the Treasury since the 1960s, not adjusted for inflation, but prospects for the coming few years are uncertain, and oil majors have begun to sell North Sea assets to smaller, independent players. Falling production and tax relief for decommissioning old rigs caused a net drain on public finances last year, costing the exchequer £396m. ...
JP Morgan may move hundreds of jobs in pre-Brexit move image
Source : BBC [Read Article] Wednesday 3rd of May 2017 12:42:46 PM
.... A JP Morgan spokesman confirmed Mr Pinto's remarks, but did not elaborate on the story. A report commissioned by the City UK industry group warned in October that as many as 75,000 financial services jobs could be lost from London if operations into the EU are severely disrupted after Brexit. ...
How to resolve the FIVE most common property disputes image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 10:05:00 AM
.... Now someone who arranged a viewing through our first agent has put in a bid through our new one. Will our original agent expect commission? . ...
New Zealand media merger: watchdog blocks tie-up of biggest print companies image
....The tie-up between Fairfax Media and NZME was proposed in May last year with both newspapers saying they needed the merge to consolidate their resources amid dwindling readership and competition for advertising dollars from Google and Facebook. But on Wednesday the commerce commission rejected the proposal despite lobbying from both companies. ...
Italy's ​Alitalia to enter administration after staff reject rescue deal image
....7bn) but slash wages. The government is expected to appoint commissioners to assess whether Alitalia can be maintained in any capacity or liquidated. ...
Nuclear industry warns UK must avoid 'cliff edge' over Brexit image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 02:44:23 PM
....Nuclear cooperation agreements (NCAs) would also need to be put in place with key nuclear countries outside the EU, including the US, Japan and Australia, because the UK’s agreements with those governments are currently based on its membership of Euratom. The report said: “Leaving the Euratom treaty without alternative arrangements in place would have a dramatic impact on the nuclear industry including the UK’s new build plans, existing operations and the waste and decommissioning sector which all depend, to some extent, on cooperation with nuclear states. ...
Don’t be duped by paid-for booking websites image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 06:00:20 AM
....com, it looked ideal. Only after you’ve gone through the whole booking process and entered all your personal details, does it become clear that this is an agency – it takes up to three days to make a booking and adds a 10% commission. ...
Nuclear oversight needs 'urgent' action, MPs say image
Source : BBC [Read Article] Monday 1st of May 2017 11:24:39 PM
....Responding to the report, Mr Clark said: "The future of the nuclear industry in this country can only be protected by a prime minister who will actually stand up for Britain and nuclear power in Brexit negotiations. "That's the stark choice in this election - strong leadership with Theresa May, who has already commissioned the first new nuclear power station in a generation, or entrusting Britain's nuclear future to floundering Jeremy Corbyn, a man who has spent his political career pushing for nuclear power stations to be decommissioned entirely. ...
US screenwriters' strike averted image
Source : BBC [Read Article] Monday 1st of May 2017 05:59:37 PM
....The Writers Guild of America (WGA) wanted higher pay per episode and royalties for reruns. The writers' union, which represents about 9,000 people, said its members have been squeezed, as studios commission shows with fewer episodes, but lock up writers with exclusive contracts. ...
21st Century Fox 'in talks' to buy television station group Tribune Media image
....Sinclair Broadcast Group was also in the running for Tribune, Reuters reported in March. The potential bid from Blackstone and Fox comes less than two weeks after the US federal communications commission voted to reverse a 2016 decision that limited the number of television stations some broadcasters can buy. ...
MPs call for end to 'bogus' self-employment image
Source : BBC [Read Article] Sunday 30th of April 2017 11:00:07 PM
...."After three weeks, you sometimes have to wait for two or three hours to get a £2. 72 job after the Uber commission. ...
Repeats to fade: how big-budget drama is taking over television image
Source : Guardian [Read Article] Sunday 30th of April 2017 02:07:13 PM
.... “Those types of shows used to run across the whole portfolio of channels, but now they are contained in one single environment, on Gold. It is an important and valuable audience for us but the majority of our growth in viewership is coming from new and original content being commissioned. ...
Will Canada's Tim Hortons win over UK coffee fans? image
Source : Guardian [Read Article] Sunday 30th of April 2017 05:31:04 AM
....The Tim Hortons coffee chain is so inextricably linked to Canadian national identity that the venue for its UK launch this week was obvious: Canada House, in central London. Never mind that the first British outlet will be in Glasgow – choosing the home of the Canadian high commission to mark its British debut reflects a certain national pride in the brand. ...
Brent Delta platform removed from legs image
Source : BBC [Read Article] Friday 28th of April 2017 05:07:21 PM
. The first major decommissioning project in the North Sea has been completed with the removal of the Brent Delta platform from its legs. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
....At the moment the government plans to make people born after March 1961 wait until they are 67 before they qualify for the state pension age and those born after March 1977 retire at 68. A report by the former CBI boss, John Cridland, commissioned by the government argues that increasing life expectancy means everyone needs to work for longer. ...
Uber to offer UK drivers sickness cover in return for £2-a-week fee image
Source : Guardian [Read Article] Thursday 27th of April 2017 12:51:55 PM
.... The company will challenge the ruling in the courts this autumn. Uber claims its drivers earn on average £15 an hour after the company has taken its 20% commission, but that does not account for drivers’ expenses including car hire, insurance and petrol, which amount to thousands every year. ...
CBI warns against Brexit divorce bill row putting EU-UK trade ties at risk image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:14:03 PM
....Leaders of the remaining 27 member states are due to meet this Saturday in Brussels for a Brexit summit that will finalise their negotiating stance and confirm EU demands for broad agreement on a financial settlement before trade talks can begin. Though Theresa May and David Davis met lead EU negotiator Michel Barnier and EU commission president Jean-Claude Juncker at a dinner in Downing Street on Wednesday night to emphasise their common ground on a number of positions, there is mounting fear in business circles that a steep divorce bill could prove to be a damaging sticking point. ...
US regulator wants to reverse net neutrality image
Source : BBC [Read Article] Wednesday 26th of April 2017 10:47:02 PM
....". The commission plans to seek comment on new rules - including how to address questions such as paid prioritization for some traffic - in the coming months. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
....Lord Willetts, the Conservative former cabinet minister, said: “If you look at any pictures of where public spending is going in the future, the protections for pensions are pushing up the share of public spending that is going on pensions, and then that means when resources are limited, other areas of spending will suffer. ” He said a double lock could be allied with “a proper policy on social care” – perhaps an update of the recommendations of the Dilnot commission, which reported back in 2011 and argued for a cap on the overall amount each family would have to spend on social care. ...
Barclays boss sounds Brexit talent warning image
Source : BBC [Read Article] Wednesday 26th of April 2017 12:19:59 PM
...."Securing an agreement with the EU within the two-year period about our withdrawal and the shape of our future relationship will be challenging," Mr Davis said. A report commissioned by TheCityUK late last year found that up to 75,000 jobs could be lost in financial services if the UK left the EU single market. ...
Shareholders angry over fake accounts disrupt Wells Fargo meeting image
....At most major companies, director support averages around 95% of votes cast, according to pay consulting firm Semler Brossy. Other stockholder proposals, on issues such as breaking up the bank, commissioning a report on its sales practices, and the gender pay gap, failed. ...
Andrew Tyrie, scourge of bankers, deserves new City role | Nils Pratley image
Source : Guardian [Read Article] Tuesday 25th of April 2017 06:18:25 PM
.... Now he is leaving parliament, a surprise announcement that should depress anyone who has listened to hours of select committee hearings over the years. As chair of the Treasury committee, and also the parliamentary commission on banking standards, Tyrie says he’s “done what I can to make a contribution, particularly in efforts to improve banking standards and to shape a more trusted and resilient financial sector”. ...
Andrew Tyrie to stand down as Conservative MP after 20 years image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:33:38 PM
....Tyrie took over as chair of the Treasury committee after the 2010 election after not getting a ministerial job in Cameron’s coalition government. Witnesses called before the committee soon learned to respect Tyrie’s relentless approach and he was particularly severe on bankers when they gave evidence to the parliamentary commission on banking standards, set up to help create a sounder and safer financial system after the near-meltdown of 2008. ...
Tory windfarm policy endangers cheap energy in UK, commission finds image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:19:44 AM
.... I would not personally have that ban on onshore wind,” Lord Turner told the Guardian. A report by the commission found that the cost of wind power had fallen by 60% in the past five years. ...
Machine learning image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:29 PM
How disabled travellers still face discrimination by airlines image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
.... Only two airlines, Lufthansa and Air Canada, have, so far, pledged to do so. Paralympian Chris Holmes, former disability commissioner for the Equality and Human Rights Commission, urges UK airlines to follow suit. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....About this piece. This analysis piece was commissioned by the BBC from an expert working for an outside organisation. ...
Growth in unpaid full-time internships raises fears for social mobility image
....”. The social mobility commission, chaired by former Labour cabinet minister Alan Milburn, has also called for a ban on unpaid internships on the grounds that they penalise young working-class people. ...
EU toughens Brexit stance and demands UK pay liabilities in euros image
Source : Guardian [Read Article] Thursday 20th of April 2017 02:37:31 PM
....Leaked documents reveal the EU’s position has hardened in recent weeks since the publication of the European council’s draft guidelines, which offered an indication of the bloc’s opening stance last month. The European commission expects Britain to pay its estimated €60bn (£50bn) in liabilities in euros, leaving it to risk the currency markets at a time when the pound has been weak, according to a paper seen by Politico. ...
Sir David Attenborough to become 3D hologram for Sky VR documentary image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:15:04 AM
....Sir David Attenborough is to be turned into a hologram for a virtual reality tour of the Natural History Museum in London that promises to allow users to “handle” rare fossils from the comfort of their own home. Sky has commissioned the new experience, called Hold the World, which it says is a marriage of interactive video game technology and TV documentary. ...
Germany wants a strong EU. Why would it allow Britain an easy Brexit? | Charles Grant image
.... And even where corporate pressure exists, German politicians have often privileged strategic interests over economics: big business has been lobbying against EU sanctions on Russia for the past two years – to no effect. In practice, Germany’s support for the uncompromising stance taken by the European commission, France and most other states means that only when the article 50 talks have made progress – on such issues as the rights of EU citizens, and Britain’s financial obligations to the EU – will they be willing to discuss future trade relations. ...

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