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Watchdog takes action

Cost of car buying eased as sales commission banned

Car showroom Perth
Car selling will change Motorists are poised to save £165 million a year – typically about £275 per deal – after the financial services watchdog banned car salesmen and brokersRead More

Friday update

DB Live: Odds-on for indy; St Mirren update; Centrica sale

All Under One Banner Scottish independence
4.45pm: London closes lower London stocks finished in negative territory despite business activity growing at its fastest pace in five years in July. The FTSE 100 ended the session down 87.62 pointsRead More

Crypto scam

Twitter hack ‘proved bitcoin’s transparency’

Barack Obama in Edinburgh
Barack Obama: one of the targets of the scam A failed bitcoin scam by hackers accessing the Twitter accounts of global politicians and business leaders proved the resilience of theRead More

Income holds up

Treasury tax receipts ‘almost back to normal’

Rishi Sunak
Rishi Sunak: focus on job retention Despite the economy taking a severe battering during the lockdown, government statistics reveal that tax revenues have almost recovered to normal levels. Total taxRead More

Modernising system

Small firms to digitise tax returns from 2022

Making Tax Digital
The changes will now impact smaller firms Britain’s smallest companies will fall within the UK government’s tax digitisation programme from 2022. VAT-registered businesses with a taxable turnover above the VATRead More

Investments trimmed

Dividends fall by half as lockdown bites into income

dividends
Squeezed balance sheets have forced firms to conserve cash Companies cut dividend payouts to shareholders by almost £22bn in the three months to the end of June, a drop ofRead More

Wednesday Update

DB Live: Inflation; Caltech; Logan Energy; Asos; Galliford Try

Bill Ireland
REFRESH THE PAGE MANUALLY FOR LATEST UPDATES 9pm; Kanye files presidential papers Rap star Kanye West has filed papers with the Federal Election Commission as a first step toward running forRead More

Simplification plan

Sunak orders review of capital gains tax

Rishi Sunak
Rishi Sunak: wants CGT to be fit for purpose Chancellor Rishi Sunak has called for a review of capital gains tax as he looks to claw back money spent proppingRead More

Call for change

‘Replace business rates with online tax,’ say firms

Amazon parcels - Amazon website
Firms say online rivals have an unfair advantage More than eight in ten executives believe that the business rates system should be replaced with an online sales tax, according to newRead More

Banker acquisition

Grossart doubles stake in Springfield Properties

Sir Angus Grossart
Sir Angus Grossart: million pound deal (pic: Terry Murden) Investment banker Sir Angus Grossart has more than doubled his stake in Elgin-based housebuilder Springfield Properties. He acquired 1.058 million sharesRead More