Supermarket giant Tesco has announced it would like to see curbs on the sale of cheap alcohol. It was welcome coalition government promise to outlaw loss leading sales of alcohol sales in England and Wales. A recent survey carried out by Tesco revealed that the public felt particularly strongly about excessive drinking and the inevitable [...]
Continuing the downward trend for European airlines, British Airways today reported its biggest ever annual loss. The poor results are being blamed on lower passenger numbers due to the recession, spiralling costs and the impact of strike action. The carrier lost £531m in the 12 months to March 2010, compared to £401m to the previous [...]
Signs that the aviation industry is still struggling to recover from the worldwide recession were made stark in the latest figures released by Air France-KLM who have posted a record loss of £1.33 billion. The loss is nearly double the 811m-euro loss reported for the previous financial year. The Dutch airline merged with its rival [...]
Typically costing between £300 and £350, Home Information packs have provoked much anguish and debate from house sellers over the past few years. Introduced in England and Wales in 2007, their aim was to provide potential buyers with conveyancing information and to speed up the process of selling a house. They contain property information, local [...]
VAT is expected to rise under the new Conservative & Liberal Democrat coalition government, according to a survey of influential economists. 24 of the 28 independent economists surveyed by the Treasury, 24 expected the rate to rise. Raising VAT to 20% would bring in an extra £11.5bn a year according to Analysts. VAT was temporarily [...]