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Category: Business News

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Corporation tax cut ‘risks race to the bottom’

Britain risks initiating a “race to the bottom” with Ireland over corporation tax if it slashes its rate to 10 per cent to encourage companies to stay after Brexit, an MEP has warned.
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Stagecoach’s east coast escape

Days after losing the licence to run £1 billion-a-year South West Trains, Stagecoach appeared to be close to easing the burden of its 90 per cent-owned Virgin East Coast rail franchise.
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Buzzfeed set to draw up its biggest list yet

Buzzfeed is preparing for a stock market flotation next year, it was reported today.
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Get smarter about new meters, urges EDF boss

EDF Energy has urged the government to rethink its £11 billion smart meter programme, warning that it faces “many challenges” and could end in failure.
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Brussels blocks £24bn London Stock Exchange merger

Europe’s top competition official has blamed the London Stock Exchange and Deutsche Börse for the failure of the companies’ £24 billion merger as she announced that Brussels had officially blocked the tie-up.