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UK tax revenue increases since reform on house levied

Bloomberg The U.K. Treasury has netted 15 percent more tax on home purchases worth more than 1 million pounds ($1.4 million) since reforming the levy on property transactions, analysis by the tax authorities showed. Chancellor of the Exchequer George Osborne introduced the change in December 2014 and since then more than 780,000 homebuyers saved about 657 million pounds on so-called ...

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Frankfurt seeks to shed bland image to win over FinTech whizzkids

Frankfurt / AFP As Germany’s banking capital, Frankfurt has long established itself as one of Europe’s leading financial hubs. But the city, which has a rather staid and strait-laced image, is now vying with hipper and trendier centres around Europe to woo financial start-ups known as FinTechs which want to revolutionise the way the world of money does business. FinTechs ...

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Clinton South Carolina win sets stage for Super Tuesday

Bloomberg Hillary Clinton scored a dominating victory over Bernie Sanders in South Carolina’s Democratic primary with the overwhelming support of black voters, helping solidify her path to the party’s nomination heading into Tuesday’s 11-state round of contests that represent the biggest prize of the 2016 primary campaign. “Tomorrow, this campaign goes national,’’ Clinton said in her victory speech in Columbia. ...

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