Finance
EU slaps Apple with 13bn euros tax bill
What does the EU ever do for us? It is a question that many people in the UK asked during the referendum, they concluded the EU does very little and voted for Brexit. Well today, according to European commission rules, Apple should repay Ireland 13bn euros or 11bn pounds in back taxes. Interestingly the Irish government are not very happy about the ruling. The EU has been involved in a three-year investigation into the tech giant and concluded that the...
Obtaining the best commercial property loan – Tips and advice to make it possible
Are you in the market to get yourself a commercial property loan? If answered yes, this shouldn’t be too tough right? After all, the lenders are waiting to lend you money and earn money in the form of interest rates. But the fact is that getting a commercial property loan can definitely be frustrating and difficult as there are a number of formalities that you have to go through. Nevertheless, you need not fret if you’re about to take out...
“80%” of Scottish PFI schools “owned by offshore firms”
Over two hundred Scottish schools that have been constructed under PFI (private finance initiative) are in some way owned by investment funds located offshore. This means that 80 per cent that could be at least partly located outside of the UK. PFI schemes have come under criticism recently as schools, hospitals and other large public sector build projects are locked into huge payments over a number of years, that can typically range up to 30. Many public institutions are struggling to...
£9.3bn! Private landlords have doubled housing benefit income in a decade
A shocking new report has found that private landlords hauled in £9.3bn in 2015. It is huge figure and double what the level was a decade ago. The study was undertaken by the National Housing Federation (NHF) and they said the figure was due to a huge increase in private tenants who are receiving housing benefit. A decade ago the there was £4.6bn handed out to private landlords by the state. These figures will anger many, who will see taxpayers’...
Londoners have worst debt problems in whole of UK
As house prices have began to fall in the capital, there is more news that London may be struggling, perhaps the gloss has come off the largest city in the UK, until recently one of the most desirable cities in the world to live in. Now a new study has found that people living in the capital have the worst debt issues of anyone else in the UK. This news will come as no shock to people struggling in the...
Over a third of UK families are one pay day away from becoming homeless
Families up and down the country are living on a knife edge, missing one pay day would mean they would not be able to pay to remain in their dwellings. Leaving millions of the brink of homelessness. A missing payment would mean that a shocking 37 per cent of working families would not be able to remain in their homes, unless they manage to borrow or find finance from elsewhere. The study shows that families simply do not have enough...
Most children living in poverty have working parent
A shocking new piece of research has discovered that the largest percentage of children who suffer “absolute poverty” actually have at least one parent who earns an income. The IFS (Institute for Fiscal Studies) discovered that young people who live under the poverty threshold actually have one or more parents in work. This news will worry the Government who constantly claim that there are more people in work in the UK than there has ever been. However, this work doesn’t...
Can you promote your business on a budget?
The answer is yes. Whether your business is an SME or an international company, your marketing activities don’t have to break the bank. Depending on the methods you choose and the resources available, you can even carry out a marketing strategy for free! Chris Ralph, marketing manager at Printerland.co.uk explains how business can promote themselves without investing thousands of pounds, while still getting the best results possible. Set up business listings in local directories Search engines offer free listings for...
Take-home pay biggest in London…By far
By Joe Mellor, Deputy Editor The streets of the capital are paved with gold, well not quite, but people who live in the capital have the most disposable income in the country, even when taking in sky-rocketing rents and the cost of buying a home spiralling out of control. The ONS (Office of National Statistics) report revealed this information. Londoners had an average of £23,607 to spend after tax deductions in 2014, almost a third more than the UK average....