Dolce and Gabbana in court over tax charges

Italian designers Dolce and Gabbana accused of not paying taxes on royalties of about €1bn (£860m) in high profile caseFashion designers Domenico Dolce and Stefano Gabbana should be jailed for two and a half years for alleged tax evasion, a Milan prosecutor said on Wednesday.Dolce and Gabbana are accused of not paying taxes on royalties of […]
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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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Gold price collapse hits pawnbroker profits

Shares in largest British high street gold buyer H&T slide as it warns that every 10% fall in the price of gold would wipe about £2m off its profitsBritain’s biggest pawnbroker on Friday warned the collapse in the gold price will knock its profits.H&T, the largest British high street gold buyer, warned that every 10% […]
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George Soros invests in ‘hyperfast’ internet firm

Soros investment vehicle Quantum Strategic Parters injects £50m in fibre-optic company HyperopticFinancier George Soros has led a £50m investment in fibre-optic company Hyperoptic, which lays high-speed lines direct to UK homes.The funding, from the Soros investment vehicle Quantum Strategic Parters, will help Hyperoptic reach its target of 500,000 homes within the next five years.Its “hyperfast” […]
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Green Deal debt may have to be repaid before property sold

Homeowners wishing to sell may find buyers are not prepared to take over Green Deal loan attached to the property’s energy billHomeowners taking out a loan under the government’s Green Deal energy efficiency scheme could find themselves having to pay off the debt before they can sell their property, according to consumer body Which?Since January, […]
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Royal Mail could be sold to foreign buyer

Business minister Michael Fallon warns union that ownership could go overseas if it continues to oppose flotationThe Royal Mail could fall into foreign hands if trade unions continue to fight its flotation on the London Stock Exchange, the business minister, Michael Fallon, has warned.Fallon said the government would sell Royal Mail to sovereign wealth funds […]
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Letter: Another mis-selling scandal

The news that 250,000 interest-only loans cannot be repaid is not as simple as it appears (Interest-only mortgage warning: 1.3 million homeowners risking retirement dream, 2 May). There is a growing body of evidence that interest-only mortgages were sold to people who would have been quite capable of discharging a repayment mortgage. There is also […]
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Foreign buyers behind half of £2m+ home sales in London

Spending spree led by Russians Chinese, Americans, Emiratis and Indians looking for safe haven investmentsWealthy foreigners bought more than half of London’s most expensive homes sold over the past year.A foreign spending spree, led by Russians, Chinese, Americans, Emiratis and Indians, resulted in the number of overseas buyers overtaking the number of Britons buying London […]
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Health minister threatened with ejection from royal college

Earl Howe’s position on advisory committee under threat as doctors claim he ‘mis-sold’ health reformsA health minister is facing the humiliation of being ousted from a prestigious role within the Royal College of Physicians over claims that he falsely reassured doctors who feared the coalition would privatise of the NHS.Earl Howe’s position on an advisory […]
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Health minister threatened with ejection from royal college

Earl Howe’s position on advisory committee under threat as doctors claim he ‘mis-sold’ health reformsA health minister is facing the humiliation of being ousted from a prestigious role within the Royal College of Physicians over claims that he falsely reassured doctors who feared the coalition would privatise of the NHS.Earl Howe’s position on an advisory […]
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