economy and finance
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »
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Alistair Darling has ruled out an immediate change to the tax rules governing private equity firms, warning it could harm the economy. In an interview with the Financial Times, the new chancellor warned against any tax reforms that could have “unintended” or “undesirable” consequences. Critics have called on the Treasury to change the tax regime… Read more »
Gordon Brown has created an advisory group of senior business figures, in a move designed to dispel concerns he will be less sympathetic to big business than his predecessor. Sir Alan Sugar, star of TV show The Apprentice, confirmed he is one of the first high-profile appointments. The prime minister’s Business Council for Britain will… Read more »
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