Posts Tagged ‘exchange’

Government confirms consumers who bought vehicles in good faith will not incur additional tax costs

Comments Off | 10-4-2015

The government has announced today, 2 October 2015, that UK taxpayers will not incur higher Vehicle Excise Duty (VED) if their existing vehicles are found to be fitted with illegal software that manipulates emissions tests.
Following VW’s admission of using ‘defeat devices’ in diesel cars, there is an ongoing UK government investigation which began last week into the extent

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SSI steel works: information for employees and creditors

Comments Off | 10-4-2015

David Kelly, Toby Underwood and Ian Green partners from PwC have been appointed as special managers to assist and support the Official Receiver in the discharge of his duties. The liquidator is working to ensure measures are taken to ensure the Redcar Coke Ovens continue to operate over the weekend whilst the position and interest

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Government to outlaw legal referral fees

Comments Off | 10-4-2015

Referral fees are paid by an advocate in exchange for instruction. There are concerns in the legal profession and more widely that this practice is abused by firms who refer clients to advocates with whom they have a financial relationship, thus denying clients the potential choice of a suitable high quality advocate.
Despite a number of

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Monitor opens investigation into deteriorating financial position at Heart of England NHS Foundation Trust

Comments Off | 10-4-2015

The health sector regulator has launched an investigation after Heart of England NHS Foundation Trust reported it is heading for a significant deficit by the end of the financial year.
The trust, which provides NHS services for approximately 1.2 million people in Birmingham, Solihull, Sutton Coldfield and South Staffordshire, has recorded a £29.5 million deficit in

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Top graduates to get up to £30k to train to teach core subjects

Comments Off | 10-4-2015

Top graduates are being offered up to £30,000 tax free to train to teach the key subjects – like maths and physics – that help young people reach their full potential, Schools Minister Nick Gibb announced today (Thursday 1 October 2015).
To ensure all pupils, regardless of background, receive the best possible education, the government wants

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Euro exchange rate set for 2015 Basic Payment Scheme payments

Comments Off | 10-4-2015

BPS payments for England are set in Euros and then converted into sterling and the rate, an average of the European Central Bank exchange rates set in September, will be €1 = £0.73129.
The Rural Payments Agency (RPA) will make full payments on BPS claims from December and as early as possible in the payment window,

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First of its kind green Indian rupee bond launched in London

Comments Off | 08-22-2015

Issued on the London Stock Exchange by International Finance Corporation (IFC) the bond, worth 3.15 billion rupees (approximately £31 million), is the first green Indian rupee bond to be issued outside of India
The government welcomed the launch of the bond, the proceeds of which will be invested via Yes Bank, one of India’s largest commercial

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CMA provisionally clears foundation trust hospitals merger

Comments Off | 08-14-2015

Ashford and St Peter’s Hospitals NHS Foundation Trust (ASP) and Royal Surrey County Hospital NHS Foundation Trust (RSC) provide clinical services from their sites in Ashford, Chertsey and Guildford.
The proposed merger was referred for an in-depth phase 2 inquiry in February after an initial Competition and Markets Authority (CMA) investigation found that the proposed acquisition might

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M6 speed limit returns to 70mph near Sandbach

Comments Off | 08-14-2015

Contractors for Highways England began work on the bridges in January this year and a 50mph limit was introduced for safety reasons, due to the temporary narrow lanes on the motorway.
The northbound carriageway will be closed overnight, between 10pm and 6am, on Tuesday 18 August between junction 16 at Crewe and junction 18 at Middlewich

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Derailment of a container train, Washwood Heath – Update

Comments Off | 08-14-2015

At 08:03 hrs, the failure of signalling equipment in the vicinity of Washwood Heath West Junction, following the passage of train 4O14, alerted the Network Rail signaller to a possible problem with that train. It was subsequently discovered that the train had derailed and then re-railed when crossing from the Up Derby Slow line to

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