Kingfisher price rally hit by VAT fears
The recent rally in the Kingfisher share price stalled yesterday on concerns that an European Union sales tax row could hit profits at its French Brico Depot business.
T...
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Roll up, roll up for the new year bonus
In football they call it a bung. But what's the educational term when you drop someone an extra payment for doing what they should be doing anyway? Paying students £...
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Liquidators of BCCI pay £73m to Bank and ask for settlement
The liquidators of the Bank of Credit and Commerce International have paid £73m to the Bank of England in an attempt to settle the central bank's record-breaking cl...
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Penny-pinching 'is delaying tax credit reforms
An influential group of MPs yesterday expressed alarm that cost-cutting had delayed reform of the government's tax credit system, which they said remained unfair to low i...
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WPP looks into fraud allegations over Italian deals
WPP, the world's second-largest advertising group, has launched an inquiry into allegations of fraud at its Italian operations.
The British group has appointed Kroll, th...
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3m face chip and pin struggle
Up to 3 million elderly and disabled people will struggle to use new-style credit and debit cards, a consumer group warned today.
From February 14 consumers with a chip ...
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Music industry hails high court ruling against filesharing
A high court ruling has forced two men to stop sharing pirated songs on the internet, with a judge warning that ignorance of the law is no defence. The men were ordered t...
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Fraud's cost measured in (red) ink
If you had to name the unluckiest business start-up in the country, Stinky Ink (stinkyinkshop.co.uk) would be a strong contender. John Sollars, a Shropshire-based man who...
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Four years on, Enron men face their day of reckoning
When former Enron chiefs Kenneth Lay and Jeffrey Skilling walk into a Houston courtroom next week to face 42 counts of conspiracy, fraud and insider trading, Charles Pres...
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Russian MPs briefed on British spy ring allegations
The Russian parliament is to discuss spying allegations against four British diplomats who had allegedly channelled funds to NGOs in Russia.
The Federal Security Service...
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