Tag: Finance
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No end in sight for meteoric bitcoin rise
Could bitcoin replace traditional currency? The cryptocurrency’s value has doubled in a fortnight. One bitcoin is now worth over $15,000. But some believe the revolution has only just begun.
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Criticism adds up over Oxfam inequality claim
Eight men own as much as the world’s poorest 3.6 billion people, according to anti-poverty charity Oxfam. Free trade advocates have hit back at the charity’s maths. Are the claims valid?
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Silver linings: the EU referendum and money
Our series about teenagers’ concerns and the EU referendum continues. Today: both sides say they will make Britons wealthier. Amid dire warnings and uncertainty, who is more convincing?
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Small Welsh town takes on tax avoiding giants
Family-run shops in Crickhowell are protesting against tax avoidance by copying major corporations’ tactics. Is it naive to think grassroots action can change unscrupulous behaviour?
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Author: maths divided by gender equals inequity
Bestselling writer Shirley Conran has launched a drive to change girls’ negative attitudes to maths. Will it take a special effort to break down historical and social disadvantages?
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Facebook’s tiny tax bill sparks anger
It dominates many Brits’ lives, but Facebook paid less than £5,000 in corporation tax last year. Is it time to defriend the social network — or would we only be harming ourselves?
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Election campaign leaves public ‘in the dark’
A new report from an independent think tank warns that none of the main parties has given enough detail about their budgets. Are politicians keeping their true plans secret?
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HSBC admits to helping customers avoid tax
The banking world is once again in trouble as HSBC admits helping its clients evade millions in tax. It claims to have changed its ways, but is justice soft on the rich?
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Moyes suffers a brutal public sacking
Manchester United have sacked their manager, David Moyes, after only ten months. Now that football has turned into a huge global business, does making money come before everything else?
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‘Crazy’ Real Madrid sign Bale for record fee
Welsh winger Gareth Bale has become the most expensive footballer in history after joining Spanish giants Real Madrid for £86 million. Is any player worth such staggering sums?
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Global banks shamed over rate-rigging scandal
Britain’s Royal Bank of Scotland has become the third bank to be slapped with a huge fine for a multi-million pound rate-rigging scandal. What has gone wrong with the banks?
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Starbucks exposed for avoiding millions in tax
Despite making billions of pounds in coffee sales, Starbucks have paid next to nothing in tax. No laws have been broken, but customers are furious all the same.
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City boy ‘dreams’ of making money from recession
Financial trader Alessio Rastani has caused outcry with his frank TV admission that he plans to get rich off global financial disaster. Some now call for a radical overhaul of capitalism itself.
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UK Budget: hard numbers and political theatre
After weeks of meticulous planning, the Chancellor of the Exchequer has offered a Budget to cheer people up. But amid bad economic news, will it really work?
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Eurozone crisis: Irish demand better rescue deal
Irish voters have rejected a deal to prop up failed banks and slash spending. The £73bn tussle could spook international financial markets.