The cost of the disruption to UK travel by the massive terrorist plot
uncovered by police has been calculated by mid-tier firm Grant Thornton at £3.2m
Maurice Fitzpatrick, business analyst at Grant Thornton, commented: ‘Today’s
disruption is likely to cost the UK economy at least £3.2m for every hour of
delay, through lost productivity. For an average delay of 3 hours, UK plc could
lose £10m per day.’
Fitzpatrick said this figure would rise dramatically due to lost tourism
revenue as incoming flights are cancelled and as a result of the expected
downturn in foreign visitors.
700,000 passengers use UK airports everyday.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements