Google boss says company is doing 'right thing' on tax

LONDON, UK: Google boss Eric Schmidt insisted on Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to decide tax policies. 23 May 2013 10:14

Google branded as 'evil' by lawmaker

LONDON - A senior British lawmaker on Thursday (16 May) described Google as "evil" and accused the US internet company of unethically avoiding paying vast amounts of tax in Britain. 17 May 2013 08:11

Britain to stop aid to SA in 2015

LONDON, UK: Britain announced on Tuesday (30 April) that it will cut off direct aid to South Africa in 2015, citing its status as Africa's biggest economy as the reason for the decision. 2 May 2013 09:17

Colds and flu boost Reckitt Benckiser

LONDON, UK: British household goods and drugs firm Reckitt Benckiser on Monday (22 April) posted higher first-quarter sales, boosted by a prolonged colds and flu seasons in North America and Europe. 23 Apr 2013 07:49

Google 'justifies' not paying taxes

LONDON, UK: A top Google executive on Monday (22 April) insisted that the company's "key" role in developing Britain's electronic commerce should be taken into account in the row it faces over its controversial tax arrangements. 23 Apr 2013 06:32

Britain's manufacturing output up

LONDON, UK: British manufacturing output rebounded in February, data showed on Tuesday, dampening speculation that the economy slid back into recession in the first quarter, analysts said. 10 Apr 2013 09:43

People with secret bank accounts exposed

LONDON, UK: Millions of emails and leaked records from offshore tax havens have exposed the identities of thousands of holders of offshore accounts, including the family of the president of Azerbaijan and French President Francois Hollande's one-time campaign treasurer, The Guardian and Le Monde newspapers reported on Thursday (4 April). 5 Apr 2013 07:35