Three hundred and fifty-five wealthy landowners in England including aristocrats are benefiting from an obscure tax break worth at least £68m, data shows. The landowners benefit from a loophole called the “tax-exempt heritage assets scheme”, under which they can register land and property as heritage assets and make them exempt from inheritance tax. Campaigners have…
In 2021 you helped the charity, of which I’m treasurer, when its bank account of 25 years was suddenly closed by HSBC. If it hadn’t been for your intervention, Akamba Aid Fund, which helps deprived communities in Kenya, faced closure, too. Since then, we had an application to a development fund refused because we were…
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s is expected to report its third-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.20 expected Revenue: $6.82 billion The…
The chances of a fresh cut in interest rates from the Bank of England next week have been boosted by a report that shows shop prices falling at their fastest pace in more than three years. The monthly snapshot from the British Retail Consortium showed prices were 0.8% lower this month than in October 2023…
The national minimum wage is to increase by up to 6% next year, with more than 1 million low-paid workers in line for a pay rise, the Guardian understands. Rachel Reeves is expected to announce an increase above inflation and even higher than what had been predicted last month. Ministers, who will herald the rise…
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what Wall Street is expecting, according to average estimates compiled by…
Boeing has announced moves to raise as much as $19bn (£14.6bn) as it tries to shore up its finances amid a costly worker strike and an ongoing crisis about the safety of its aeroplanes. The US manufacturer said on Monday it would sell 90m common shares, raising about $14bn, plus another $5bn in depositary shares.…
A company linked to the United Arab Emirates royals has approached one of the UK’s pioneering green electricity suppliers over a potential takeover. Wiltshire-based Good Energy, which supplies renewable energy to about 245,000 households, said it had received an unsolicited takeover offer from Dubai-based Esyasoft on Friday. Esyasoft, which describes itself as being at the…
Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional locations in the future. Courtesy: Cosm Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part…
Lloyds Banking Group has said it is assessing the potential impact of a landmark court ruling over car finance mis-selling on Friday, which may lead to lenders paying out billions of pounds in compensation to borrowers. The bank, which is the most exposed among high street lenders and holds about £15bn in car loans through…
