Standard Life supports Minerva in board battle

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Tags: NULL More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Wednesday 25 August 2010 9:10 pm whatsapp CITY stalwart Standard Life threw its weight behind the board of Minerva yesterday, after the property investor and its activist shareholder KiFin traded another round of inflammatory statements.“It is not clear to us that the KiFin nominated board candidates would act in the best interests of all shareholders,” said Andrew Jackson, an investment director at Standard Life Investments, which owns a 4.89 per cent stake in Minerva. KiFin, owned by billionaire Nathan Kirsh, defended its plans to oust several Minerva board members in its latest strongly-worded letter to shareholders yesterday. It complained of the apparent apathy of Minerva’s non-executive directors, and claimed the firm “has continued to mislead you” by couching the planned overhaul as KiFin’s attempt to seize control by stealth. KiFin also turned on chief executive Salmaan Hasan, pointing out his salary represents 14 per cent of the firm’s wage bill. Minerva hit back, telling shareholders it regrets KiFin’s continued public criticism, but strongly recommends they vote down the proposals at a crunch meeting on 8 September. Sharecenter_img Standard Life supports Minerva in board battle KCS-content Show Comments ▼ whatsapplast_img read more

Sweden sees a newly hung parliament

first_img SWEDEN’S centre-right government has won re-election but lost its overall majority in parliament after an anti-immigrant party earned its first ever seats in yesterday’s election, preliminary results showed last night.Official preliminary results showed the centre-right coalition government won 173 seats in the 349-seat parliament and the Social Democrat-led centre-left won 156 seats.Reinfeldt, who has benefited from one of Europe’s strongest economic recoveries and sound public finances, would be the first sitting centre-right leader ever to win re-election in Sweden. The Social Democrats, architects of Sweden’s welfare model, ruled for much of the last century.Analysts had said before the vote that a hung parliament, with Prime Minister Fredrik Reinfeldt having no overall majority, would unsettle investors, but the Swedish crown firmed slightly after the results.Reinfeldt has said he is prepared to lead a minority government but could also approach the opposition Green Party for support.However, the big news of the night for a country which has long prided itself as being one of the most tolerant in Europe was that the anti-immigrant Sweden Democrats looked set to win 20 seats.“If this outcome stands we will have a scenario that most Swedish voters wanted to avoid, that is that we have a xenophobic party holding the balance of power,” said Ulf Bjereld, a political scientist at Gothenburg University.The rise in support for the Sweden Democrats has followed a move away from the party’s skinhead roots and matches developments in other European countries.The Sweden Democrats deny they are racist but both main blocs have ruled out cooperating with them.“Today we have written political history together,” said Sweden Democrat leader Jimmie Akesson.The centre-left opposition focused its campaign on people who have suffered welfare reforms under the Alliance of Reinfeldt’s Moderate Party, the Liberals, Centre and Christian Democrats. KCS-content Show Comments ▼ Sunday 19 September 2010 10:07 pm Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Sweden sees a newly hung parliament whatsapp whatsapp Tags: NULLlast_img read more

Fed hints at more QE in near future

first_imgTuesday 12 October 2010 9:26 pm Fed hints at more QE in near future by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp AMERICA’S Federal Reserve is considering a new round of quantitative easing (QE) “before long”, according to the minutes of the panel’s most recent meeting, released yesterday. The minutes said “many” Fed officials thought a second round of monetary easing might be needed to kickstart America’s flagging recovery, in the strongest signal yet that they are beginning to near an agreement. Analysts said the Fed could start buying up government bonds by the time of the panel’s next meeting in November if the economy needs extra support.The minutes of the Fed’s meeting on 21 September said “many” panel members thought “it would be appropriate to provide additional monetary policy accommodation”.The panel of banking governors lowered its growth forecasts for the third meeting in a row, on the back of rising unemployment and a struggling housing market. It said that while it was “unlikely that the economy would re-enter a recession”, some of the panel was concerned that signs of economic growth “could be slow for some time”, leaving “the economy exposed to potential negative shocks”.“We believe the FOMC will undertake further monetary policy accommodation during its November meeting,” said IHS Global Insight economist Gregory Daco. “The question is no longer if and when but how and how much?” Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img KCS-content Show Comments ▼ whatsapp Share Tags: NULLlast_img read more

Eurozone dominoes teeter on the brink

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center Show Comments ▼ whatsapp whatsapp Eurozone dominoes teeter on the brink center_img KCS-content PORTUGAL’S future was hanging by a thread last night as ministers desperately tried to deflect fears it will be the next Eurozone domino to fall.Portugal’s Prime Minister Jose Socrates was defiant, claiming: “The country does not need any help… What the country needs is to do what is necessary, to approve the budget, and to continue in its efforts.”But markets reacted negatively, credit default swaps (CDS) tied to Portuguese debt jumped 29.5 basis points to a one-week high of 447 basis points. CDS on Greek government debt, the first nation to receive a Eurozone bailout, rose 37 basis points to over 1,000, meaning bond-holders will have to pay more than €1m (£850,000) to insure €10m of Greece’s debt.Portugal’s problems are structurally different to those of Ireland and Greece. However, it is struggling to meet a target of lowering its deficit to 7.3 per cent of GDP this year. If the target is missed, it could push its debt servicing costs to unsustainable levels. Monday 22 November 2010 8:10 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Sharelast_img read more

HSBC spins off Asian private equity unit

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Wednesday 1 December 2010 8:26 pm KCS-content Share whatsapp Tags: NULLcenter_img HSBC spins off Asian private equity unit Show Comments ▼ whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof HSBC’s Asian private equity unit has been taken over in a management buyout and renamed Headland Capital Partners, it emerged yesterday.The sale is the first of five planned management buyouts of HSBC’s private equity businesses.It is the latest to respond to pressure from regulators on banks to spin off their private equity activities.HSBC is also in talks about management buyouts of its private equity units in the UK, US, Canada and Middle East.Headland’s management team will own 80.1 per cent of the firm with HSBC holding the rest.The bank is keeping hold of its investments in Headland’s funds. The firm, which raised a $1.47bn fund in 2008, invests $40m-$150m for controlling or minority stakes in companies based in greater China, South Korea, south-east Asia and India.The biggest of the five private equity businesses being spun out of the bank is HSBC Specialist Investments in the UK, which manages some $4bn of assets, mostly in infrastructure and property funds.Several other banks are looking at spinning off their private equity operations. Barclays Private Equity is believed to be in talks about spinning off from Barclays as part of plans to raise its next buyout fund, LDC is considering a break from Lloyds Banking Group and Citigroup has spun off parts of its private equity arm. last_img read more

N&P admits it is in bid talks

first_img whatsapp Thursday 16 December 2010 8:32 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content whatsapp Tags: NULL N&P admits it is in bid talks Show Comments ▼ Share MUTUALLY owned lender Norwich & Peterborough (N&P) Building Society yesterday said it was keeping its options open after receiving approaches about a possible merger or capital injection.The 152-year old lender, which has around 1,000 employees, said it had received “a number of expressions of interest,” but did not disclose who they came from. last_img read more

Correction: Xstrata

first_imgMonday 10 January 2011 7:20 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Correction: Xstrata whatsapp Tags: NULL Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald We incorrectly pictured Cynthia Carroll, chief executive of Anglo American on P2 in yesterday’s paper, referring to her as head of Xstrata. Mick Davies is chief executive of Xstrata. whatsapp KCS-content Show Comments ▼last_img read more

BG Group strikes oil in Brazil

first_img Shares in BG Group rose nearly four per cent yesterday after the explorer announced a discovery of light oil in Carioca area, offshore Brazil, with Evolution Securities upbeat on hopes of future production upgrades. “The key here is that this is yet another discovery along with recent major success offshore Tanzania (multi-TCF gas discoveries) that should increase confidence in BG’s ability to deliver its six to eight per cent per annum production growth to 2020,” Evolution Securities said in a note. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoBrake For It40 Features In Cars No One Ever Knew: No.19 Is In Every CarBrake For ItUndoFactableThis Is What Historical Figures May Have Really Looked LikeFactableUndozenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoItsTheVibeThe Cutest 1980’s Stars Are Now In Their 60s, This Is Them NowItsTheVibeUndoOne-N-Done | 7-Minute WorkoutAdvertisement 7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndo Wednesday 26 January 2011 7:11 pm Show Comments ▼ Sharecenter_img BG Group strikes oil in Brazil whatsapp KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Skrill appoints Wigley ahead of potential IPO

first_img KCS-content Share Show Comments ▼ ONLINE payments provider Skrill has appointed Yell chairman Bob Wigley as its non-executive chairman ahead of an anticipated stock market listing later this spring.Wigley, the former chairman of Merrill Lynch until it was taken over by Bank of America in 2009, will help to oversee the development of the business.Skrill, which operates the Moneybookers brand, is said to be considering an initial public offering (IPO) as one of its options to raise cash and further grow its business.A float could raise as much as €200m (£171.6m) for the firm, giving it a market capitalisation of between €400m and €500m.The e-wallet provider has seen strong growth since it established in 2001, with profits rising at 62 per cent annually. whatsapp Sunday 30 January 2011 10:37 pm center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads More From Our Partners Feds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Skrill appoints Wigley ahead of potential IPO whatsapp Tags: NULLlast_img read more

Tourist tax rise scrapped and Learjet raid delayed

first_img KCS-content Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsappcenter_img Tourist tax rise scrapped and Learjet raid delayed THE chancellor scrapped a planned rise in air passenger duty yesterday, but admitted that legal difficulties have shelved a change to aviation tax.Air passenger duty will be frozen this year, with a hike linked to the retail price index planned for April 2012, George Osborne said.The government said in the emergency June Budget it would look to switch aviation tax from a per-passenger to a per-plane duty, to ensure planes flying half-empty would be charged the same as a full flight. Osborne also stopped short of introducing a “Learjet levy”, or tax on business jets, trailed earlier this week to close a loophole exempting corporate jets from the air passenger duty. Osborne instead delayed the plan to 2012, after launching a consultation on the structure of the tax. Lord Sugar slammed this proposal as a PR stunt, claiming “the revenue on private flights, based on the same duties paid by holidaymakers, will not add up to a row of beans”. Wednesday 23 March 2011 9:54 pm Share Tags: NULLlast_img read more