Government Issues

12 Dec

Tata to issue bonds this month for JLR

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Tata Motors, India’s largest commercial vehicle maker, may issue bonds to raise Rs 5,000 crore to refinance the remaining billion bridge loan it took to acquire Jaguar and Land Rover. The rest of the amount is expected to come by way of rupee- and dollar-denominated term loans. According to the insiders, State Bank of India [...]

11 Dec

Insurance Industry Report Highlights UK Tax Competitiveness Issues

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The UK government should continue to work with the insurance industry to ensure a stable, predictable and competitive tax system which takes account of increasing global competition in a world in which capital is highly mobile, a new report has concluded. The report by the Insurance Industry Working Group, a joint government-industry policy group, urges [...]

10 Dec

Vision Shopsters – Green Energy in the UK: Renewable sources, drivers, legislation, capacity growth and the future outlook

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Renewable energy generates close to 2% of electricity in UK. In 2008, UK’s electricity generation totaled 389,650GWh, a decrease of 1.9% over 2007. During 2004–08, UK’s electricity generation decreased at CAGR of 0.3% mainly on account of financial crisis. At a national level, the ‘UK Renewable Energy Strategy’ (2009) suggests that the UK’s electricity generation [...]

09 Dec

UK Tax Policy and the Euro-dollar Market

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UK TAX POLICY AND THE EURO-DOLLAR MARKET * A. Introduction The view of the UK Treasury and the Inland Revenue was that, the way was now open for the nationalised industries and the local authorities to borrow in this way, if the UK wanted this to happen, and that the Boards and authorities [...]

08 Dec

Company Issues Statement Regarding Supporta plc

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NEW YORK, NY–(Marketwire – December 23, 2009) – Allied Healthcare International Inc. (NASDAQ: AHCI) (AIM: AHCI) (“Allied” or the “Company”) notes the speculation in today’s press, regarding a potential cash offer for Supporta plc (“Supporta”). Allied can confirm that it has submitted an indicative cash offer for the entire issued share capital of Suppor

08 Dec

Guernsey Responds To UK Offshore Finance Centre Probe

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The Guernsey authorities have this week defended the island’s finance industry to the UK Government. The Policy Council has made a written response to the House of Commons Treasury Select Committee, which announced an inquiry into Offshore Financial Centres in April. The document highlights the reasons, in the view of the Island’s authorities, for Guernsey’s [...]

06 Dec

Government resilience

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  Having a government resilience plan makes sound financial sense. It protects against loss of revenue, provides confidence to citizens and protection for staff. In some cases, a government resilience plan will be a statutory requirement. If handled correctly, government resilience will add value to the day-to-day operations of a public sector organisation. Why do [...]