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BSkyB poised to seal Sky Europe deal
UK broadcaster to acquire sister companies in Germany and Italy in deal that could net Rupert Murdoch as much as $10bn

BSkyB is set to confirm on Friday it has sealed a £10bn deal to create Sky Europe, buying its sister pay-TV companies in Germany and Italy from Rupert Murdochs 21st Century Fox.

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UK retailers had strongest quarter in more than 10 years from April to June
Sales up by 1.6% though World Cup did little to get people into shops, experts say

Britain's retailers enjoyed the strongest quarter in more than a decade between April and June, but consumers were less willing to spend towards the end of the period, according to the Office for National Statistics.

Retail sales increased by 1.6% in the second quarter compared with the first, which was the strongest rate of quarterly growth since March 2004.

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UBS to pay 1.1bn while French court investigates tax evasion allegations
Swiss bank, under investigation for allegedly helping wealthy clients avoid tax, will appeal against the payment order

French judges have ordered the Swiss bank UBS to pay a 1.1bn guarantee while it investigates charges that it helped rich clients hide money from the taxman.

UBS has until the end of September to deposit the money, which amounts to 42.6% of its after-tax profits and 2.8% of shareholder funds, with the court.

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Car parts supplier Unipart goes into administration
More than 1,400 jobs are lost across UK as Solihull-based business stops trading

Unipart Automotive, a UK-based supplier of car parts and garage equipment, has collapsed into administration with the loss of more than 1,400 jobs across the country.

The business is headquartered in Solihull but operates 180 branches around the UK trading under three brand names Unipart Automotive, Partco Autoparts and Express Factors.

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Central America's biggest nickel mine reopens amid violent clashes

Guatemala's Fenix mine, closed for 30 years, faces disputes over land ownership and lawsuits for gang-rape and murder

The biggest nickel mine in Central America has restarted operations amid violent clashes between indigenous people and security forces, disputes over land ownership, and ongoing lawsuits for gang-rape and murder.

The Fenix mine in Guatemala had been closed for 30 years, and was inaugurated by a visit this month to the site by president Otto Pérez, who called it the biggest investment in the history of the country.

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The Finance Act 2013, Schedules 17 and 18 (Tax Relief for Video Games Development) (Appointed Day) Order 2014
This Order appoints 1st April 2014 as the date upon which the amendments made by Schedules 17 and 18 to the Finance Act 2013 come into force.
Four security guards cleared of phone hacking-related charges
Men accused of tampering with evidence at the time of Rebekah Brooks' arrest will not face trial following her acquittal Continue reading...






The Cultural Test (Video Games) Regulations 2014
These Regulations introduce a points-based “cultural test” for video games. The purpose of the test is to determine whether a video game may be certified as a “British video game” by the Secretary of State under Part 15B of the Corporation Tax Act 2009. Points under the test are awarded on the basis of the setting, content, language and British cultural aspects of the game, where certain work on the game is carried out, and the residence or nationality of the personnel involved in the making of the video game. Certification as a British video game is a condition of eligibility for video games tax relief under that Act.
BSkyB poised to seal Sky Europe deal
UK broadcaster to acquire sister companies in Germany and Italy in deal that could net Rupert Murdoch as much as $10bn

BSkyB is set to confirm on Friday it has sealed a £10bn deal to create Sky Europe, buying its sister pay-TV companies in Germany and Italy from Rupert Murdochs 21st Century Fox.

Continue reading...
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