Woolworths chain in Britain has filed for administration - report
London - The Woolworths retail chain in Britain, which has had a presence on the High Street for nearly 100 years, has gone into administration, the BBC reported Wednesday. The company, which employs more than 25,000 staff in 815 outlets across Britai...

[ Published on : Wed, 26 Nov 2008 02:25 ]

Britain to cut VAT in Christmas stimulus spree
London - The government of Prime Minister Gordon Brown is to give nervous British consumers an early Christmas present on Monday, when he is expected to cut Value Added Tax (VAT) in an effort to lift the national economy out of recession, media repor...

[ Published on : Sun, 23 Nov 2008 09:22 ]

Donald Trump gets go-ahead for luxury golf resort in Scotland
London - US tycoon Donald Trump Monday won a long and acrimonious battle over plans to build a luxury golf course, hotel complex and apartments in Scotland, leaving local residents and environmental groups the disappointed losers. John Swinney, finan...

[ Published on : Mon, 03 Nov 2008 12:38 ]

British government cuts VAT in 20 billion-pound package - Summary
London - The British government Monday unveiled plans to cut Value Added Tax (VAT) as part of a massive fiscal and financial package of 20 billion pounds (30 billion dollars) to stimulate the economy in the face of a looming recession. The measures a...

[ Published on : Mon, 24 Nov 2008 02:24 ]