tax 1.5bn
Is BT's super-fast broadband coming to your neighbourhood?
News BT recently cast doubt on the ability of the 50p tax to bring fibre to 100 per cent of the population, saying it expects to see a fifth of the population without high-speed services. BT has revealed the towns and cities... [09 Jul 2009]
'Invest £15bn in tech - create 700,000 jobs'
News The UK should take a page from other nations like Japan, South Korea and Sweden, which have successfully used incentives, including tax incentives, to spur the private sector to invest more in digital infrastructures,"... [30 Apr 2009]
£1.5bn savings plan turns Lloyds' merger eye on IT
News Despite having what it claims will be one of the lowest cost-to-income ratios in the financial services industry, Lloyds TSB sent a circular to shareholders announcing that the combined Lloyds TSB-HBOS is aiming for... [03 Nov 2008]
Windows users 'paying $20 patent tax'
News According to the Software Freedom Law Centre (SFLC), consumers pay a $20 'patent tax' on all Redmond operating systems, whether pre-installed or off the shelf. A school with only 50 Windows machines - barely enough for... [20 Apr 2007]
BPO in China - beyond the cities you know
Comment The Xi'an government has provided us with a lot of incentives such as tax reductions and office rental and language training subsidies [to offer companies]," said Chen Junfeng, vice director of Xi'an Software Park. [30 Jun 2006]
BT keeps up £1bn new wave momentum as voice dies
News BT's turnover for the third quarter was £4.6bn with an EBIDTA (earnings before interest, tax, depreciation and amortisation) of £1.5bn. BT's investment in its new wave businesses - mobile, broadband and... [10 Feb 2005]
Hutchison sell-off to feed 3 cash burn
News Hutchison recently reported that its 3 networks in the UK and Italy lost $2.3bn before tax last year. Hutchison is bundling its non-3G interests for an IPO to raise cash for its loss-making 3 business unit. [30 Mar 2004]
Telefonica ups the ante in Latin America
News It expects to put $4.2bn in cash on the balance sheet after tax. Telefonica is buying in 10 million customers for $5.8bn to jump to No.in the worldwide mobile operator stakes. And the company's deal to take over... [09 Mar 2004]
'Compulsory' e-government part of £15bn Whitehall review
News The details of the government's efficiency review, which is being overseen by Peter Gershon, the head of the Office of Government Commerce, were conveniently 'leaked' to the Financial Times today at the same time as the Conservative... [16 Feb 2004]
5 years ago... UK government pays up over social security crash
News Too many to mention, we've seen projects run over budget, over time or just fall flat on their face when they simply fail to work - such as the EDS-inspired delays processing tax credits. 02.02.99: The UK Contributions... [02 Feb 2004]
iPod sales boost Apple profits
News Excluding an after-tax investment gain of $3m, the company reported a net profit of 16 cents a share. Apple Computer reported a 36 per cent jump in revenue in its first quarter, beating analyst expectations. [15 Jan 2004]
Probe into £15bn pensions top-up botch completed
News The tax office will now publish details of how it plans to issue deficiency notices in respect of the years since 1996/1997. Primarolo was also forced to admit to MPs this week that the IT tax credit... [20 Jun 2003]
The £15bn IR IT cock-up - is there worse to come?
Comment This is just the latest in a long line of IT cock-ups by the taxman, highlighted by problems in the last year with filing tax returns online using the self-assessment website. The run of botched government IT projects... [15 May 2003]
Wallace walks from Cable & Wireless
News During Wallace's tenure C&W experienced an expensive list of disasters including: £5bn spent on now almost worthless Internet ventures, mainly in the US; £1.5bn to cover a potential tax liability on sale... [22 Jan 2003]
BT in rude health
News Pre-tax profits were £322m compared to £200m for the same period last year, an increase of 61 per cent. BT has managed to turn in a healthy first quarter profit despite the general downturn in the telecoms market. [25 Jul 2002]