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Tag Archives: new business ideas

Budget 2017: Tax move will penalise savers, says insurer

Millions of small savers may be hit by a little noticed tax change in the Budget that affects long term policies sold by insurance companies and sometimes collected door to door.When the chancellor announced he was abolishing the Corporate Indexation Allowance on Wednesday, the Treasury said it wouldn’t affect …

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The firm where new mums – and dads – get fully funded parental leave

The UK’s largest insurer will allow all new parents the same amount of paid leave after the arrival of a child.Aviva will offer its 16,000 employees 26 weeks leave on full basic pay, regardless of their gender or sexual orientation.The policy applies to parents who have given birth, adopted …

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Mitsubishi Materials shares fall on fake data scandal

Mitsubishi Materials, a division of one of Japan’s biggest conglomerates, saw shares fall by as much 11% on Friday after admitting to a quality scandal.Three of its units were found to have falsified data for products supplied to nearly 300 companies in the aerospace, car and electric power industries. …

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Apprenticeship numbers fall by 59% after levy imposed

There has been a big fall in the number of workers starting apprenticeships in England since the introduction of the government’s levy scheme earlier this year. The levy was supposed to increase the number of people training at work.But according to Department for Education figures, at the end of …

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British Gas owner Centrica warns about poor trading

British Gas has lost 823,000 domestic customer accounts, nearly 6%, since the end of June.Owner Centrica said 150,000 of those accounts had switched to other providers, some of them because it raised prices in September.The news, unveiled in a warning about poor trading, sent Centrica shares tumbling by more …

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Russian Fancy Bear hackers' UK link revealed

When Russia’s most notorious hackers hired servers from a UK-registered company, they left a trove of clues behind, the BBC has discovered.The hackers used the computers to attack the German parliament, hijack traffic meant for a Nigerian government website and target Apple devices.The company, Crookservers, had claimed to be …

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