Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 on market

Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 in a day on the stock market Wang Long, 34, was captured throwing himself into furnace in Inner Mongolia  Haunting last image shows him silhouetted against the fiery well of molten steel Police believe he killed himself due to large debts and … Read more

Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 on market

Steelworker kills himself by jumping into furnace at Chinese factory after losing £6,000 in a day on the stock market Wang Long, 34, was captured throwing himself into furnace in Inner Mongolia  Haunting last image shows him silhouetted against the fiery well of molten steel Police believe he killed himself due to large debts and … Read more

Budget 2021: 5% VAT cut mean cheaper coffee, meals out and holidays

Britain is set for a summer spending splurge after Rishi Sunak today extended the discount 5% VAT rate, meaning consumers are set for cheaper coffee, meals out and staycations.  The super-low rate will carry on until September, the Chancellor announced in his Budget today, then move to 12.5 per cent until April 2022 before returning … Read more

Spring Budget 2021: Tax rises on white wine ‘hit women hardest’, campaigners say

Women are being unfairly penalised for their love of wine with big tax rises, campaigners say Television host Kate Thornton said increase in duty would ‘hit women hardest’  Wine Drinkers UK asking Rishi Sunak to cut Excise Duty on wine in the Budget  Survey found 43 per cent of women favour wine, compared to 21 … Read more

Tax evasion fears as HMRC drastically scales back checks on eBay and Amazon sellers

Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more

Tax evasion fears as HMRC drastically scales back checks on eBay and Amazon sellers

Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more

Brexit: Boss of English shoemakers Tricker’s says red tape will cost firm an extra £100,000 a year

A 192-year-old maker of English luxury shoes worn by Prince Charles has revealed that Brexit red tape will cost the firm an extra £100,000 per year on exports to Europe.  Tricker’s said invoices are mounting from parcel firms that ship the company’s heavy £450 brogue shoes and boots to EU clients. Though a last-gasp trade … Read more