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Co-op puts brakes on loans to new business customers
The Co-operative Bank has suddenly got cold feet about loans to new corporate clients, after reporting a surprise massive loss for 2012.
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Seven ways to reduce your Corporate Gains Tax bill
22 May 2013Whether you are selling all or part of your business, or disposing of assets like shares or property, it is possible to reduce your CGT bill with a little planning, says Carol Cheesman of Cheesmans Accountants.
UK government borrowing falls. Well, kinda
22 May 2013Public sector borrowing for 2012-13 has fallen 30% on the previous year to £85.1bn. But that's mainly because of the transfer of the Royal Mail pension fund.
City surprised as inflation dips and pound falls
21 May 2013Better-than-expected inflation figures have taken the financial markets by surprise, dropping to 2.4% in April. Could the squeeze finally be abating?
Senate takes a bite of Apple, sees terrible tax truth
21 May 2013The Senate committee has accused tech giant Apple of being 'among America's largest tax avoiders'.
JP Morgan boss faces investor wrath
20 May 2013Shareholders have lambasted the chairman and chief exec of JP Morgan, Jamie Dimon, over holding both roles. They say he should be one or t'other.
High inflation has 'cost the UK £10bn', says report
20 May 2013The Ernst & Young Item Club, which makes economic forecasts using the Treasury's own methods, says inflation has cost the UK £10bn over the last three years alone.
An ethical conundrum: Can banks be good?
20 May 2013The banking industry's reputation lies in tatters, says leadership expert Michael Jenkins. But can a sector solely devoted to making money ever be truly ethical?
David Cameron: 'Damn you, tax havens!'
20 May 2013The PM has penned a stiffly-worded letter to 10 overseas British territories demanding that they sign up to international tax treaties. 'Get your house in order!' he wrote.
Howard Davies: Why did Hollande entrust France's finances to a cosmetic surgeon?
17 May 2013Cahuzac, a cosmetic surgeon and Frances' budget minister, left a toxic cloud behind him after he resigned over a tax scandal. What did Hollande know and when?
Amazon pays a pittance on £4bn sales
16 May 2013The e-tail giant's UK division paid just £2.4m in corporation tax on sales of £4.3bn last year - a rate of less than 0.1%. And that's despite Amazon receiving £2.5m in government grants...
The MT interview: Terry Smith
"I'm often described as outspoken. I don't view this as a criticism."
Terry Smith, CEO of Tullet Prebon, pulls no punches in this month's big interview