What The Sunday Business Papers Said
Monday 23 August 1999
Savers who have placed money in Individual Savings Accounts will face a back-tax bill of millions of pounds next year because they have failed to understand the rules that govern tax-free savings.
A series of rule changes will be implemented at casinos across Britain this week as part of an attempt by the Government to ease the Draconian legislation that governs them.
Racal Electronics is preparing for breakup with the sale of its telecommunications and defence arms, which could together raise pounds 1.5bn.
Owners of Britain's 59 racecourses are to launch their own tax-free bookmaking business to bring low-cost betting direct to millions.
Saatchi & Saatchi, the world's best-known advertising agency, is planning a bid for the National Lottery.
P&O, the UK's largest listed shipping company, has rejected a pounds 7bn approach from America's Carnival Corporation, the world's biggest cruise line operator and owner of the QE2. Analysts say the decision by Lord Sterling, P&O's chairman, to turn down the offer will have failed to quell Carnival's interest.
BSkyB will raise the stakes in the battle for digital television customers by witholding coverage of next month's Ryder Cup golf event from its rival, Ondigital.
Unions have made an eleventh-hour plea to Ford motor group to save a threatened engine plant at Bridgend in South Wales that employs 1,400 people.
Peter Johnson, majority shareholder and former chairman of Everton Football Club, is auctioning his shares in the Premier League side, having failed to agree a deal to sell them to board director Bill Kenwright.
Labour's attempts to curb "fat cat" boardroom pay excesses have suffered a blow as two directors of a loss-making company have awarded themselves payouts worth up to pounds 370m. The bonuses have easily set a record for British industry even though the company, Colt Telecom, is not forecast to make a profit until 2002.
Railtrack faces further fines of at least pounds 50m for neglecting the crumbling network and failing to fix broken rails. The penalty would come on top of the pounds 40m fine it faces if it fails to reduce train delays and would amount to Railtrack surrendering up to a fifth of its pounds 428m annual profits.
Dan Wagner, chief executive of Dialog, the online business-information specialist, is considering splitting off Sparza, his e-commerce software- licensing arm, to reduce the group's debt.
Is your name now 'banned' in Saudi Arabia?
Exclusive: World’s most pristine waters are polluted by US Navy human waste
Croatia's second city to close 'worst zoo in the world' after reports of 'nightmare' conditions and 'depressed' animals
Missing Malaysia Airlines Flight MH370: Net widens after claims final satellite signal of stricken jetliner could have been sent from the ground
Missing Malaysia Airlines Flight MH370 Q&A by Simon Calder: How far could it have travelled? Who was responsible and what would their plans be? And how can a plane just vanish?
Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
Ukip and Nigel Farage on course for remarkable victory in European elections
Tony Benn was entirely ineffectual - and usually wrong
Grace Dent: Who cares if she spells it Barraco Barner? Gemma Worrall is more employable than some bookish arts graduate
The rise of Ukip: Study warns Labour that Eurosceptic party's electoral base now 'more working class than any of the main parties'
- 1 Is your name now 'banned' in Saudi Arabia?
- 2 Gender-specific books demean all our children. So the Independent on Sunday will no longer review anything marketed to exclude either sex
- 3 Malaysia flight MH370: Pitbull song lyrics bear uncanny resemblance to missing plane mystery, according to YouTubers
- 4 Missing Malaysia Airlines Flight MH370 Q&A by Simon Calder: How far could it have travelled? Who was responsible and what would their plans be? And how can a plane just vanish?
- 5 'Missing Malaysia Airlines Flight MH370 plane found in Bermuda Triangle!' Viral Facebook links are profiting hackers
iJobs Money & Business
£35000 - £43000 per annum + Bonus and Benefits: Harrington Starr: A global lea...
£50000 - £60000 per annum: Harrington Starr: Linux Systems Administrator - UNI...
£32000 - £36000 per annum + generous benefits: Pro-Recruitment Group: * TAX * ...
£37000 - £40000 per annum + £20000 benefits package: Pro-Recruitment Group: **...