Tag Archives: George Osborne

Why George Osborne won’t be sending WPP’s Sir Martin Sorrell his best wishes this Christmas

Sir Martin Sorrell and WPP have been lobbying hard for changes to the UK ‘controlled foreign companies’ tax rules which are designed to stop UK-based companies and their overseas subsidiaries paying lower rates of tax abroad. The UK coalition government ...

Read More »

Can Brand Branson extend into banking now Virgin has bought Northern Rock?

Sir Richard Branson has wanted to get into UK banking for years and now, finally, he’s succeeded by agreeing to buy bailed-out northern-based bank Northern Rock from the UK government for £747m. It’s not clear yet if Rorthern Rock will ...

Read More »

Can former Asda marketer Chris Pilling put some fizz into UK building societies?

Chris Pilling, currently head of HSBC’s bank branch network in the UK, is joining the country’s second-biggest building society Yorkshire as CEO. The move is interesting on two counts: building societies have been pretty moribund since the 2008 credit crunch, ...

Read More »