Tag: new business ideas

Reports Port Talbot steelworkers have been given poor pensions advice are being looked into by police.Tata Steel employees have claimed they have been mis-sold advice about moving from the British Steel Pension Scheme after it was removed from the business.The

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Bosses and directors of Carillion will not get bonuses or severance payments, the government has said. The Insolvency Service said no such payments had been made since the construction firm collapsed on Monday.The announcement comes as work on Carillion’s public

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Apple will pay about $38bn in tax on the $250bn cash pile it holds outside the US following recent changes to American tax rules.The sum is expected to be the biggest payment under the reforms, which slash the US corporate tax rate.The tech giant also plans to to

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US investment bank Goldman Sachs has posted its first quarterly loss in six years amid continued troubles in its trading business.The firm lost $1.9bn (£1.4bn) in the last three months of 2017, as revenue slumped 4% from the prior year. It also reported a one-time tax

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The difference between what men and women get paid widens as women get older, new research shows. The Office for National Statistics found pay differences were smaller at younger ages, but increased from 40 onwards, reaching a peak between 50 and 59.It also found the

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Pret a Manger and Wagamama have become the latest companies to announce an end to automatically providing plastic straws.Customers will be offered a paper alternative, and plastic straws will be available only on request.The firms’ decision comes after Theresa

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EDF Energy has said it could build a new nuclear power station in Suffolk for significantly less than the near £20bn Hinkley Point C site.Chief executive Simone Rossi said there could be a capital cost reduction of 20% for a proposed new plant at Sizewell,

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Tesco is delaying a cut to its biggest Clubcard rewards after it faced a backlash from customers.The supermarket announced on Monday that the value of its reward vouchers was changing immediately, provoking an angry response on social media.It has now pushed back a

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Bitcoin has traded below $10,000 for the first time since early December.The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to a price index run by the news site Coindesk.However, it later fell again dipping just below $9,200.

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Engineering giant GKN has rejected a £7.4bn hostile takeover bid from Melrose Industries.Turnaround specialist Melrose said it believed it could “deliver significantly greater benefits” to GKN’s shareholders than GKN could on its own.Last week, GKN

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