Nisbets founder cooks up £450m windfall from sale to Bunzl

[ad_1] The founder of a catering equipment empire is lining up a sale to the FTSE 100 distribution group Bunzl that will propel his family into the ranks of Britain’s…

Berlusconi’s Heir Attacks Italy’s Meloni Windfall Tax on Banks

[ad_1] Marina Berlusconi, the eldest daughter of Silvio Berlusconi, slammed Giorgia Meloni’s plan to tax banks profits as “demagoguery”, the first public criticism of the usually private businesswoman against Italy’s…

Hg lands latest windfall from sale of Argus Media stake

[ad_1] The British-based buyout firm is homing in on another big windfall from the sale of its stake in the oil pricing data giant to existing shareholders, Sky News learns.…

Italy Offers Banks Get-Out Clause on Divisive Windfall Tax

[ad_1] Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The Italian government modified a controversial windfall tax on banks, giving lenders…

FACTBOX-European countries differ over windfall taxes on banks

[ad_1] Some European countries have imposed windfall taxes on banks’ profits to help fund their response to the cost of living crisis. Below is a snapshot of the status of…

Lloyds boss warns against bank windfall tax as Labour election win looms

[ad_1] However, Mr Nunn’s comments suggest the industry wants her and Chancellor Jeremy Hunt to go further and explicitly rule out a windfall tax on profits.  The disastrous introduction of…

Tax on windfall income: Banking companies

[ad_1] Syed Shabbar Zaidi & Co. General The Finance Act, 2023 introduced a new provision, Section (99D), in the … General The Finance Act, 2023 introduced a new provision, Section…

EasyJet reveals £34m windfall after record profit performance

[ad_1] Tuesday 28 November 2023 07:40, UK EasyJet has reinstated its dividend for the first time since the COVID crisis while revealing a return to annual profitability. The no-frills carrier…

Swedish Bank Shares Fall as Opposition Party Pushes Windfall Tax

[ad_1] Sweden’s main opposition party is proposing a windfall tax on the “excess earnings” made by the country’s lenders, adding to investor concern that European banks could face stiffer taxes…

European countries differ over windfall taxes on banks

[ad_1] STOCKHOLM: Some European countries have imposed windfall taxes on banks’ profits to help fund their response to the cost of living crisis. Below is a snapshot of the status…