Letters: Multinationals are exploiting R&D tax breaks

The unstated story about Apple and taxes (How one Irish woman made $22bn for Apple, 29 May) is the problem of determining where value accrues in a digital transaction. If I import a novel in a country that charges duty, VAT or sales tax, the postal service may intercept it and charge me the taxes. […]
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In praise of … half-term | Editorial

Politicians are not well-placed to question the year’s 13 weeks of school holidaysThis morning, in much of the country, youngsters will trot back to school after a week off, refreshed and – one might hope – just that bit more inclined to concentrate, and liable to learn. Michael Gove thinks differently. As part of his […]
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UK needs prompt action on human rights record, UN panel warns

UN Committee Against Torture report recommends 40 separate measures to be taken before UK is given clean bill of healthThe British government’s human rights record since the attacks of 9/11 and the invasion of Iraq is facing ferocious criticism from a United Nations panel, which warns that prompt action is needed to ensure the country […]
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How would you measure happiness? | Open thread

Australia leads the industrialised world in the happiness stakes, says the OECD. Tell us what would make you happierThe OECD has found Australia to be the happiest industrialised nation for the third year in a row. Sweden is No 2, with the UK trailing in 10th. Factors that influenced the OECD outcome included education, housing, work-life […]
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Walmart pleads guilty to dumping hazardous waste in California

Walmart to pay $81m as part of the plea after admitting dumping pollutants from stores into drains in 16 California countiesWalmart, which has endured a year of bad publicity around its US labour relations and working conditions in its overseas supply chain, on Tuesday pleaded guilty to dumping hazardous waste in numerous sites in California.The […]
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Morrisons worker suspended over Lee Rigby tribute

Adam Austin threatened with disciplinary action after refusing to remove Help for Heroes badge from supermarket uniformA supermarket worker has been suspended for wearing a Help for Heroes badge in tribute to Drummer Lee Rigby who was killed in Woolwich last week.Adam Austin spoke of his shock after bosses at the Morrisons store in Portsmouth, […]
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World’s happiest OECD countries: in full

Australia retains its place as the world’s happiest industrialised nation for the third year running – with the UK coming in 10th1. Australia2. Sweden3. Canada4. Norway5. Switzerland6. United States7. Denmark8. Netherlands9. Iceland10. UK11. New Zealand12. Finland13. Austria14. Luxembourg15. Ireland16. Belgium17. Germany18. France19. Slovenia20. Spain21. Japan22. Czech Republic23. Italy24. Israel25. Poland26. Slovak Republic27. Korea28. Portugal29. Hungary30. […]
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Music festival ticket resale confusion

I can no longer use my tickets for a festival in Spain, but it’s been impossible to resell them as they are ‘box-office collection only’In December I bought two “early bird” tickets for Bilbao BBK Live, a three-day music festival in July.I signed the terms and conditions – one of which was that the tickets […]
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FirstGroup chief Tim O’Toole offered to quit with chairman over £2bn debt

Transport firm CEO, who was told by Martin Gilbert to carry on, spearheading courtship of big investors over £615m rights issueFirstGroup’s chief executive, Tim O’Toole, will this week visit its biggest institutional investors to secure backing for the troubled transport operator’s £615m rights issue, as it emerged that he offered to quit instead of the […]
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FirstGroup shares plunge after rights issue and sharp fall in profits

Train and bus operator turns to shareholders for £615m and scraps final dividend in effort to reduce debtsFirstGroup, the train and bus operator, has turned to shareholders for £615m, scrapped a final dividend and parted company with its chairman in an effort to reduce its debts and avoid a credit rating downgrade.The shares fell 30% […]
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