Amazon and other online retailers are facing the prospect of a double tax raid, including one on the huge profits made by some web-based businesses during the Covid pandemic. Treasury officials are reportedly weighing up plans for an online sales tax in a bid to re-balance the scales between booming online businesses and struggling high … Read more
John Caudwell, the billionaire founder of Phones4u, is talking to me from the back of a chauffeur-driven Mercedes people carrier as he travels back from skiing in Switzerland to Monaco. It’s an unlikely place to hold a telephone interview in a pandemic – particularly for a vociferous Brexiteer who says he would much rather be … Read more
Cocktail culture lifts spirits at drink giants: Sales at Diageo and Fevertree fizz as drinkers get creative in lockdown By Tom Witherow For The Daily Mail Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 The rise of cocktail culture in the UK added fizz to the sales of Diageo and … Read more
Poland vows to stop social media tech giants censoring free speech in wake of Twitter’s Donald Trump ban Social media sites would only be allowed to ban accounts for breaking Polish law Five-member ‘freedom of speech council’ would consider censorship claims Several European governments have voiced concern over power of US firms By Afp Published: … Read more
British drug giants ramp up battle against Covid-19 with new treatments and a race for vaccine approvals Glaxosmithkline has joined an NHS study to test an antibody treatment The drug – known as Vir-7832 – could be a game changer Meanwhile, Astrazeneca submitted its Covid-19 vaccine to European regulators Astra and Oxford University have applied … Read more
Boost for Astrazeneca and Glaxosmithkline: Drug giants to be at heart of post-Brexit UK By Matt Oliver For The Daily Mail Published: 22:20 GMT, 21 December 2020 | Updated: 22:20 GMT, 21 December 2020 British drugs groups have won approval for ground-breaking treatments, as regulators hatch plans to put the sector at the heart of the … Read more
Yule fuel rip-off to hit drivers: Petrol giants cash in on the festive break as some charge more than £10 over the national average for a tank to cap off a year of fleecing Average pump prices risen to 115.5p a litre for unleaded and 118.9p for diesel The RAC said the current average price … Read more
Yule fuel rip-off to hit drivers: Petrol giants cash in on the festive break as some charge more than £10 over the national average for a tank to cap off a year of fleecing Average pump prices risen to 115.5p a litre for unleaded and 118.9p for diesel The RAC said the current average price … Read more
After gas and electricity firms are made to return £38M to customers…How to foil sneaky tricks energy giants use to hang on to huge piles of YOUR cash Energy providers have stumped up £26.5m in fines It takes the overall bill for wrongdoing this year to nearly £65m – the highest since 2015 By Laura … Read more
US giants size up bid for Topshop empire: Juicy Couture owner and a host of private equity titans battle for Sir Philip Green’s Arcadia Authentic Brands is understood to be among the interested parties Around 30 to 40 potential buyers are believed to have shown initial interest By Neil Craven, Financial Mail on Sunday Published: … Read more