Councils that have invested up to £1bn in Icelandic banks have a reasonable
chance of recovering their deposits.
Creditors of Heritable Bank, the UK arm of Landsbanki will recover up to 80%
of funds, or £300m, the Financial
The Conservatives, however, are not pleased with the result, saying that this
was simply putting a positive spin on a situation where £220m of taxpayers’
money has been wiped out.
Conservatives in local government claim that this loss will have to be
recouped in the form of higher council tax and diminished investment in
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy