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UK companies will face huge new VAT burden after Brexit

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More than 130,000 UK firms will be forced to pay VAT upfront for the first time on all goods imported from the European Union after Brexit, under controversial legislation to be considered by MPs on Monday. The VAT changes spelled out in the taxation (cross-border trade) bill – one of a string of Brexit laws passing through parliament – are causing uproar among UK business groups, which say that they will create acute cashflow problems and huge additional bureaucracy. Labour and Tory MPs and peers said that the only way to avoid the VAT Brexit ... Read More »

Shell and Barclays ‘lose’ £2bn in US tax changes

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Barclays is facing a larger full-year loss than expected because it told investors that the tax changes would initially cost it about £1 billion. At the same time, Royal Dutch Shell said in a statement to the stock market that the tax cut would lead it to take a hit to its earnings of between $2 billion and $2.5 billion.   ... Read More »

UK bosses are richest in Europe

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Research by Vlerick Business School in Belgium found that FTSE 100 chief executives took home pay packages worth 94 times those of their average staff member, despite government attempts to crackdown on ballooning corporate compensation. The school’s analysis, reported by the Financial Times, found that top French and German company chiefs were the only ones who came close to their British peers, earning multiples of 91 and 89 times their average worker. ... Read More »

Grosvenor Crescent rated the most expensive street in England and Wales

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The sweeping crescent, whose Grade II-listed properties are thought to have been built between 1837 and 1860, topped a list of the priciest streets published by Lloyds Bank. However, while Grosvenor Crescent’s residents are sitting pretty, with the typical price tag unchanged on last December, their wealthy neighbours in Eaton Square – which topped the bank’s table a year ago – have each typically seen more than £3m wiped off the value of their property in the space of 12 months, cutting the average price to just over £13.5m. Lloyds did n... Read More »

British passports will return to ‘iconic’ blue cover after Brexit, it is confirmed

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The new design, which will no longer include the European Union insignia, will replace the burgundy cover that has been a feature of the UK passport since the 1980s once Britain leaves the EU in 2019. Home Office Minister Brandon Lewis said the new passport will be the "most high-tech and secure we have ever seen", making it more resistant to fraud and forgery. ... Read More »

Toyota Opens Billion-Dollar, State-of-the-Art North American Headquarters in Texas

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Remarks by Toyota Motor North America Chief Executive Officer, Jim LentzPLANO, Texas (July 6, 2017) – Toyota Motor North America, Inc. (TMNA) is celebrating the official opening of its new North American headquarters today in Plano, Texas with a gala event to be attended by hundreds of dignitaries, partners and community leaders who will get the first glimpse of Toyota’s new corporate campus that reaffirms the company’s longstanding commitment to the United States.“The opening of our new headquarters in Plano is an extraordinary next step in... Read More »

CONSTRUCTION OF SOLAR POWER STATION BEGINS AT REFINERY IN VOLGOGRAD

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Construction and assembly, to be completed in September, will be followed by startup and adjustment. The commissioning is slated for the first quarter of 2018.   The power station will be placed in LUKOIL’s management by the builder after a qualification procedure is held and compliance is confirmed with requirements as regards the local content of Russian-manufactured equipment. This is a prerequisite for support to be received from the state as is provided for by the Capacity Supply Agreement (CSA) for renewable energy sources at R... Read More »

ADIDAS APPOINTS NEW MANAGING DIRECTORS FOR WESTERN EUROPE AND EMERGING MARKETS

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We are very pleased to fill these key positions with excellent internal candidates, continuing the transition to our next generation of leaders. ROLAND AUSCHEL, EXECUTIVE BOARD MEMBER, RESPONSIBLE FOR GLOBAL SALES "Both Alain Pourcelot and Martin Shankland have a strong track record with adidas. I look forward to executing our strategy ‘Creating the New’ together with Martin and Alain,” commented Roland Auschel. Alain Pourcelot (French, 51) joined adidas in 2005 as Marketing Director for adidas France. From 2012 to 2015, he led the adida... Read More »

2017 Summer Seller Update

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Starting in June Listing Policy Updates Updates to communications, allowable links, image catalog, and listing best practices to improve site performance for a stronger eBay marketplace. Beginning in June 2017, eBay will no longer support active content. Buyers and sellers should use eBay Messaging to communicate. Listings and other eBay pages can no longer contain contact information such as email, phone numbers, and social media links effective September 2017 Starting in September  2017, we will update our links policy to li... Read More »

A Brand New Day at Project FIND

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Project FIND is pleased to announce the launch of its new logo and web site redesign, the rebrand is the first for the organization since the year 2000. In consultation with Alembic Community Development, Project FIND completed a strategic plan last summer, which in conjunction with a robust strengthening of internal systems and board governance had a strong focus on developing a new logo and brand approach for the organization, as it approaches its 50th Anniversary in 2019. From its start Project FIND has pioneered an innovative model of... Read More »

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