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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Infrastructure spend boosted by £3bn

Category : Business, World News

The government says it will spend an extra £3bn a year to fund infrastructure projects in hope of boosting economic growth.

Original post: Infrastructure spend boosted by £3bn

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Budget 2013: issues facing the chancellor – at a glance

Category : Business

George Osborne will emerge from No 11 with little room for manoeuvre

The deficit

George Osborne may have to admit that the amount the government needs to borrow to cover the gap between tax revenue and spending is going up, despite his express desire to bring it down. Ernst & Young’s Item club forecasts net borrowing of £88bn this year, up from the £80bn predicted in the autumn statement. There are growing calls for a further increase in borrowing to finance projects that would give the economy a quick boost. The business secretary, Vince Cable, for one, has expressed his support for so-called “good borrowing”.

Infrastructure spending

The chancellor has been urged to boost growth by investing in Britain’s infrastructure by global heavyweights such as the IMF, and business lobby groups within the UK. While large infrastructure projects could take a long time to get off the ground, both the CBI and the British Chambers of Commerce (BCC) say that there are a number of small projects that could be quickly and usefully enacted, such as road and rail improvement schemes. Ernst & Young called for a £10bn boost to infrastructure spending over each of the next two years. The other area where the chancellor may announce increased spending is house building. The CBI and the BCC both want tens of thousands of homes to be built to create new jobs and provide affordable housing.

Tax

The government has been keen to dampen expectations about big tax giveaways in Wednesday’s budget, but it may make some tweaks to the system. The Liberal Democrats have been lobbying for the chancellor to accelerate plans to raise the personal tax allowance – the amount that you can earn before you start paying tax – to £10,000. That would follow the announcement that the allowance will rise to £9,440 next year. Osborne may also signal a further cut in the corporation tax rate to 20%, under pressure from business groups. In December’s autumn statement, the chancellor cut the main rate of corporation tax to 21% in 2014, down from 28% when he took office.

Alcohol and fuel duty

Alcohol taxes will automatically rise by 2% above inflation in April, but the chancellor may seek to get health campaigners on side with a higher increase. That could help pay for a potential suspension of a fuel duty increase planned for the autumn, which would please motorists.

The Bank of England

With limited room to adjust tax and spending, it is thought the chancellor may change the Bank of England’s remit so it can help drive an economic recovery. This may involve giving it more leeway over the 2% inflation target or adding a growth target. Failing that, Osborne is likely to open the matter up for consultation before the arrival of the new governor, Mark Carney. He may also either expand or adjust the Bank of England’s Funding for Lending Scheme, which is designed to increase lending to small business and individuals, but has so far failed to boost the number of loans being offered by banks.

NanoTech Entertainment, Inc. (NTEK: OTC Link) | NanoTech Entertainment (NTEK) Announces Inside NanoTech Channel

Category : World News

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NanoTech Entertainment (NTEK) Announces Inside NanoTech Channel

Company to Provide Insight into the Inner Workings of the Company’s Operations and Growth

PR Newswire

SAN JOSE, Calif., March 8, 2013

SAN JOSE, Calif., March 8, 2013 /PRNewswire/ — NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced that it will be launching a new channel, Inside NanoTech.

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Global Clean Energy, Inc. (GCEI: OTC Link) | GLOBAL CLEAN ENERGY, INC. APPOINTS CHIEF DEVELOPMENT OFFICER TO MANAGEMENT TEAM

Category : World News

HOUSTON, TX–(Marketwire – Jan 28, 2013) – Global Clean Energy, Inc. (GCEI) (the “Company”), an alternative biofuels company focusing on waste-to-energy conversion solutions, is pleased to announce the addition of Steven R. Mann as the Company’s Chief Development Officer.

The addition of Mr. Mann to the Company comes as a direct result of the recently announced joint venture agreement between Global Clean Energy, Inc. and MicroEnergies, LLC. The appointment provides for a singular focus at the senior level to manage the various projects under development at both companies with Mann. The move allows for Mann to be responsible for overseeing both present and future alternative fuels projects of GCEI.

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Call for workers’ ‘blacklist’ probe

Category : World News

MPs will hear calls later for a full inquiry into allegations of the blacklisting of workers on major public projects such as Crossrail and the Olympics.

Read the original here: Call for workers’ ‘blacklist’ probe

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EU criticised over green projects

Category : World News

An audit uncovers waste in EU-funded energy efficiency projects, saying they need better monitoring.

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City set for major change in 2013

Category : World News

The body behind the regeneration of Dundee’s riverside says more than £100m of capital projects will be started or completed in 2013.

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World Bank raises China forecast

Category : Business, World News

The World Bank raises its growth forecast for China, saying stimulus measures and infrastructure projects will help boost growth.

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Steve Bell on the autumn statement – cartoon

Category : Business

George Osborne is to release £5bn for capital projects, mainly funded by cutting Whitehall departmental spending

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Spending cuts ‘to fund schools’

Category : World News

David Cameron says plans to switch spending from Whitehall departments to projects such as new schools “will make our country work better”.

Originally posted here: Spending cuts ‘to fund schools’

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