HMRC counting the pennies after job cuts
24 May 2012
Stat of the day: £1.1bn - How much tax has been lost because of job cuts at HMRC.
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JobsQuote of the day: 'It will put up the cost of people's insurance, put up the cost of people's pensions, it will cost many, many jobs. It will make Europe less competitive and I will fight it all the way.'
Stat of the day: £1.1bn - How much tax has been lost because of job cuts at HMRC.
But at what price? An informal EU summit in Brussels ended last night with President Herman Van Rompuy making clear he wanted Greece to stay in the Eurozone 'while respecting its commitments'.
Mike Lynch, arguably Britain's most successful tech entrepreneur, has resigned from HP, the company he sold Autonomy to last year.
In a much-needed boost to small businesses in the UK, the building society has unveiled plans to introduce SME lending by 2013.
Jerry Greenfield tells MT that entrepreneurs should be socially responsible to be successful.
Thanks to falling petrol sales after national panic buying, retail slides at the fastest monthly rate in more than two years, but it's not all bad...
Quote of the day: 'I guess that the 800-pound gorilla has gone on a diet'. Scott Sweet, senior managing partner of research firm IPO Boutique, who bought Facebook shares on Friday, says the massive share sell-off since renews questions about Facebook's lofty-$93bn market capitalization.
The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.
The rate of inflation in the UK fell to its lowest level in more than two years last month, according to the Office for National Statistics (ONS).
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