Business News

Margaret Hodge urges Amazon to pay a ‘fair tax’

Margaret Hodge, the chairperson of the Commons Public Accounts Committee, has urged online retailer Amazon to pay a "fair tax" on the business they operate in the UK.

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IGas-Dart deal to create UK’s biggest shale gas explorer

British shale gas explorer IGas has announced a £117.1 million deal to acquire the Australian prospector behind conflict-ridden plans to drill for coal-bed gas near Falkirk - Dart Energy.

The deal would create the UK's market-leading onshore group, which would have more than one million acres of the United Kingdom under licence.

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JCB reports over 14% fall in pre-tax earnings

Building equipment maker JCB on Monday reported a decline of more than 14 per cent in annual earnings before tax, as slowdown in the construction industry hit sales.

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London has more billionaires than any other city

London is home to more billionaires than any other city of the world, the 2014 Sunday Times 'Rich List' has revealed.

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AstraZeneca is apparently not British

Amid ongoing political storm over Pfizer's potential takeover of British pharmaceuticals giant AstraZeneca, some analysts have pointed out that AstraZeneca is apparently not British.

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