Two Killed As Riot Police Open Fire On Anti-Kibaki Protesters Heavily armed police used live rounds, teargas and clubs to clear demonstrators from city centres in Kenya yesterday as opposition leaders began three days of protest.... Read Full Article News Analysis: Dueling Views Pit Baker Against Rice Many of the critiques in the Iraq Study Group’s report boil down to the differing views of a former secretary of state and the current one.... Read Full Article Images Of Hanging Make Hussein A Martyr To Many Saddam Hussein’s public image in the Arab world has undergone a resurgence of admiration and awe.... Read Full Article How Could The City Get It So Wrong On BAA? THE dog-fight for BAA has been the best takeover battle yet of the current merger-and-acquisition boom....... Read Full Article A Navigation System Shows A Good Listener Isn?t So Hard To Find Most navigation systems talk to you. The Magellan Maestro 4050 also listens.... Read Full Article |
Haven NewsHumphrey Lyttelton, 86, Host of a BBC Radio Game Show, DiesMr. Lyttelton was a jazz trumpeter and broadcaster who hosted the surreal BBC Radio game show ?I?m Sorry I Haven?t a Clue.?Read Full Article The new allure of Ireland as a tax havenThe Government could have another nondom debacle on its hands. This time it’s corporate. Shire, the drugs group that is one of Britain’s top 100 companies, is planning to go nondom and move to Ireland for tax purposes.<br/> <br/> The company tried hard yesterday to avoid creating a political row. But it is unlikely to succeed. By saying that it believed the move would help to protect its tax position, the implication was clear.<br/> <br/> Recent changes to the UK tax regime - not least those involving nondomiciled workers – and present discussions about the rules governing overseas corporate earnings should give any British company with big international operations pause.<br/> <br/> Is the Government going to make the UK tax environment even less attractive? Shire is not waiting to find out. It is shifting domicile to Dublin, where the corporate tax regime is already more friendly. And, just as important, more stable.<br/> <br/> Gordon Brown has been boring on for more than a decade about the importance of stability. As he said in his Mansion House speech in 2006, the key to economic success in a globalising world is not just stability in monetary and fiscal policy but also “stability through a stable and competitive tax regime”.<br/> <br/> Yet the UK tax regime has been anything but stable and has become progressively less competitive. For many business leaders, the recent changes to capital gains tax – which reversed the reforms that Mr Brown introduced ten years ago – and the assault on nondom workers was the last straw. They have lost confidence in the Government’s commitment to stability and competitiveness.<br/> <br/> Some companies have already voted with their feet. When Experian was demerged from GUS in 2006, it opted to be based in Ireland. A number of American companies, including Kraft and Yahoo!, have switched their European headquarters to Switzerland. Shire is the first FTSE 100 company to shift its domicile, but tax advisers say that a number of others are considering it.<br/> <br/> For the UK, the immediate impact of Shire’s move will be largely symbolic. It is not shifting any more people to Ireland, where it already has an operation, and merely will move its board meetings to Dublin. It will not pay any less tax on its UK profits and at present it does not pay any UK tax on its overseas profits (although it feared that it might in future). But it is now bound to think differently about the relative merits of the UK and Ireland in terms of future expansion. Britain has benefited greatly from the growth in the number of international companies based in London in recent years. Unless the Government wakes up to the threat, more will be lured away by that warm Irish welcome.Read Full Article Ian Livingston needs all the flair of his teacher at DixonsHaven’t Stanley’s boys done well? Eight years ago Ian Livingston, then the youthful finance director of Stanley Kalms’s Dixons group, hired fresh-faced Jeremy Darroch as his assitant. Yesterday Mr Livingston was appointed chief executive of BT where one of his toughest competitors will be BSkyB, whose newly installed chief executive is the same Jeremy Darroch.Read Full Article Newspaper Chain Hires Adviser as It Weighs RestructuringThe Journal Register, owner of The New Haven Register, hired Lazard Freres as an adviser as it weighs a restructuring, according to executives briefed on the matter.Read Full Article Oil and Gold Prices Continue to SlideOil, gold and other major commodities fell sharply on Thursday, capping their steepest weekly drop in a half-century, as investors fled what many had believed to be the last safe haven in turbulent markets.Read Full Article External News for: havenI-95 northbound closed in New Haven - Hartford CourantI-95 northbound closed in New HavenHartford CourantAP The Connecticut Department of Transportation says Interstate 95 northbound in New Haven is closed because of a tractor-trailer accident. ...Some I-95 northbound lanes reopen in New HavenNewsday (subscription)All I-95 northbound lanes reopen in New HavenWaterbury Republican AmericanPolice: piece of metal caused I-95 shutdownHartford Courantall 10 news articles »I-95 northbound closed in New Haven - Hartford CourantI-95 northbound closed in New HavenHartford CourantAP The Connecticut Department of Transportation says Interstate 95 northbound in New Haven is closed because of a tractor-trailer accident. ...Some I-95 northbound lanes reopen in New HavenNewsday (subscription)All I-95 northbound lanes reopen in New HavenWaterbury Republican AmericanPolice: piece of metal caused I-95 shutdownHartford Courantall 10 news articles »By Ancient Ruins, a Gay Haven in Cambodia - New York TimesNew York TimesBy Ancient Ruins, a Gay Haven in CambodiaNew York TimesBy Ancient Ruins, a Gay Haven in Cambodia » At the Cockatoo Resort, one of several gay-friendly bars, restaurants and hotels that have recently opened. ...and more »I-95 northbound closed in New Haven - Hartford CourantI-95 northbound closed in New HavenHartford CourantAP The Connecticut Department of Transportation says Interstate 95 northbound in New Haven is closed because of a tractor-trailer accident. ...Some I-95 northbound lanes reopen in New HavenNewsday (subscription)All I-95 northbound lanes reopen in New HavenWaterbury Republican AmericanPolice: piece of metal caused I-95 shutdownHartford Courantall 10 news articles »By Ancient Ruins, a Gay Haven in Cambodia - New York TimesNew York TimesBy Ancient Ruins, a Gay Haven in CambodiaNew York TimesBy Ancient Ruins, a Gay Haven in Cambodia » At the Cockatoo Resort, one of several gay-friendly bars, restaurants and hotels that have recently opened. ...and more »WORLD FOREX: Dollar Rises As Greek Debt Woes Boost Safe-Haven Assets - Wall Street JournalBBC News (blog)WORLD FOREX: Dollar Rises As Greek Debt Woes Boost Safe-Haven AssetsWall Street JournalNEW YORK (Dow Jones)--The dollar was sharply higher against its major rivals Thursday afternoon as renewed concerns ...Germany: IMF Help for Greece Not Ruled OutABC NewsEuro slumps against dollarStraits TimesGermany Still Sending Out Confusing Messages On GreeceThe Business InsiderFinancial Times -Daily Reckoning (press release) -Wall Street Pit (blog)all 2,169 news articles » |
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