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Tax cut for shale gas firms planned

Posted by Warren Fyfe on July 19, 2013 in Warren Fyfe Site

18 July 2013 Last updated at 19:08 ET The UK is believed to have large resources of shale gas that have yet to be extracted The government has outlined plans to give tax breaks to companies involved in the UK’s nascent shale gas industry. It has proposed cutting the tax on some of the income [...]

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Detroit in largest US bankruptcy

Posted by Warren Fyfe on July 19, 2013 in Warren Fyfe Site

18 July 2013 Last updated at 22:31 ET Please turn on JavaScript. Media requires JavaScript to play. The BBC’s Samira Hussain explains why Detroit has racked up such big debts Detroit has become the largest US city ever to file for bankruptcy, with debts of at least $15bn (£10bn). The city, once a symbol of [...]

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Olympics boost to UK ‘nearing £10bn’

Posted by Warren Fyfe on July 19, 2013 in Warren Fyfe Site

18 July 2013 Last updated at 21:51 ET The London Olympic Games took place in July and August last year The UK economy has seen a £9.9bn boost in trade and investment from hosting the 2012 London Olympic and Paralympic Games, research suggests. A report for the government and Mayor of London attributes new contracts, [...]

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