United Kingdom

Starbucks to pay more tax to British government

Starbucks has said that the shifting of its regional base from Amsterdam to London will mean the company will pay more tax in the UK and less in the Netherlands but it will relatively be neutral on the global level.

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Britain may become nation of renters within next generation: Halifax

Britain will likely become a country of renters within the next generation as young people's desire to own a home is showing signs of cooling, according to the Halifax Generation Rent Report 2014.

The just published Halifax report said that homeownership would likely decrease in the future as fewer and fewer young people are making their way onto the property ladder.

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RBS welcomes Clifford Chance report

Royal Bank of Scotland (RBS) has welcomed law firm Clifford Chance's report that states that the Edinburgh-based lender didn't deliberately defraud its business customers.

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Eurostar issues apology for train delay

Eurostar train service has apologised to thousands of passengers whose Easter travel plans disrupted on Thursday night due to a couple of problems inside the tunnel.

Thousands of passengers were stranded at London's St. Pancras Station, one of Britain's busiest stations, after a man died on a train line in France and a technical glitch.

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Co-op reports huge loss of £2.5 billion for 2013

Co-operative Group's interim CEO Richard Pennycook has admitted that 2013 was a 'disastrous' year for the customer-owned group, which has sprawled to include food, medicine, supermarkets, funerals and banking.

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