Amazon will NOT be impacted by £500m digital services tax – but smaller retailers will be

Amazon will NOT be impacted by £500m digital services tax – but smaller retailers will be, HMRC admits Two per cent on tax on internet giants will not impact Amazon, HMRC admits  Treasury said Digital Services Tax would make companies pay ‘fair contribution’ Business leaders say the tax is penalising smaller companies who use Amazon   … Read more

Royal London and LV= in talks about £500m tie-up

Royal London and rival financial services firm LV= in talks about £500m tie-up By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 September 2020 | Updated: 21:56 BST, 27 September 2020 Royal London and rival financial services firm LV= are in talks about a £500m tie-up.  The potential deal could see the pair … Read more

MARKET REPORT: Builders clobbered for £500m as house prices disappoint

More than £500million was wiped off the value of Britain’s top builders as figures showed house prices had started to fall before the virus lockdown. Shares sank after data was released by the Office for National Statistics (ONS) and the Land Registry, revealing that house prices went into reverse in April. In an ominous warning, … Read more

Councils warn of £10billion cash black hole as Robert Jenrick pumps an extra £500m into authorities

Councils warn of £10billion cash black hole as Robert Jenrick pumps an extra £500million into struggling English local authorities – less than £1.5million each – amid bankruptcy fears Local Government Secretary said cash would go towards covering lost income  It is part of £4.3billion package of support put in place by the Government so far … Read more

New images of Dyson’s £500M failed electric car revealed

New images of British billionaire Sir James Dyson’s failed electric car project have been revealed, showing the seven-seat plug-in SUV in greater detail.   The protoype, which has a claimed range of 600 miles on a single charge, is the only car built before the plans for an electric vehicle range were axed last October after … Read more

James Dyson reveals ‘risky’ scrapped £500m electric car

British billionaire Sir James Dyson has unveiled the sole prototype of his company’s electric car that was cancelled for being ‘too risky’. The aborted ‘N526’ Dyson electric car, which Dyson piled £500 million of his own money into before pulling the plug, is a 16-foot-long seven-seater, electric SUV. The 2.6 tonne-vehicle features an aluminium body, … Read more

James Dyson reveals his ‘risky’ scrapped electric car that cost £500M

British billionaire Sir James Dyson has unveiled the sole prototype of his company’s electric car that was cancelled for being ‘too risky’. The aborted ‘N526’ Dyson electric car, which Dyson piled £500 million of his own money into before pulling the plug, is a 16-foot-long seven-seater, electric SUV. The 2.6 tonne-vehicle features an aluminium body, … Read more

Lifeline for start-ups as £500m Future Fund launches today

Start-ups hit by the lockdown have been given fresh hope for survival as applications for the Government’s coronavirus Future Fund opened today. The new scheme, which has been developed alongside the British Business Bank, will issue convertible loans between £125,000 to £5million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. … Read more