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Showing posts with label 2017 at 12:00PM. Show all posts
Showing posts with label 2017 at 12:00PM. Show all posts

Sunday, May 14, 2017

Lloyds has lost my US dollar cheque, jeopardising a property purchase

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I wanted to use the inheritance money towards a shop but now the seller may withdraw

I have been trying to cash a US cheque for just over $100,000 (£77,300), left to me in America by my late father but Lloyds bank has lost it, and now I fear a shop I was hoping to buy with this money will also be lost.

Lloyds was to open a dollar account for me, and we agreed I would go to my local branch with ID and pay in the cheque at the same time. I did this in late February and, luckily, asked for a receipt.

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May 14, 2017 at 11:59AM

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from Miles Brignall

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Exemption cannot be denied to a Trust merely for Profits from Publishing / Selling of School Books

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The textbooks are provided by the Assessee to the students at subsidised rates. Even the textbooks books, reading materials and school bags are being distributed free to deserving students. The essential activity of the Assessee is connected with ‘education’ and nothing else.

May 14, 2017 at 11:57AM

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from Editor

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How to build your grand design for a humble price

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A pioneering project in Cornwall is laying the foundations for a revolution in the way British homes are bought and built

Building your own home is a bit like making a cake – you either start from scratch or use a ready-made mix. “The customer gets to design the cake, but then gives it to a chef to cook it,” says Chris Brown, executive chairman of custom build developer igloo Regeneration. This analogy neatly sums up the difference between self-build and “custom build”.

For the 53% of Brits who want to design their dream home (so says Ipsos Mori), but find the process of building it from the ground up too daunting, specialist developers offer serviced plots with a menu of different house designs from which to choose. This means buyers work with a designer on the look, size, layout and features of the house, but without the hassle of finding land, getting planning permission and hiring reputable architects and builders. Buyers can save on build costs and don’t pay stamp duty, except on land worth more than £150,000.

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May 14, 2017 at 11:59AM

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from Julia Kollewe

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Mnuchin: US partners more comfortable with Trump on trade

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Mnuchin: US partners more comfortable with Trump on tradeU.S. Treasury Secretary Steven Mnuchin said Saturday that major trading partners are “much more comfortable” with the Trump administration’s stance on trade and tax policy and understand that …

May 14, 2017 at 11:55AM

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Saturday, May 13, 2017

These are the UK markets I’d meddle in. What would yours be?

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As Theresa May catches the bug with electricity and gas prices capped, here are my suggestions for a few more

Who knew Theresa May was so anti free markets, happy to meddle where competition fails consumers? Now she’s caught the bug with the electricity and gas price cap, here’s my selection of the other markets she should be meddling in. We’d be keen to hear yours, too.

Petrol
The average UK price is now 116p for unleaded, according to Petrolprices.com. The cheapest supermarket forecourts are charging just 110.7p. But if you’re on the M1 and pull into Newport Pagnell services, the granddaddy of Britain’s motorway service stations (it opened in 1959), you’ll be charged 138p – making it almost certainly the most expensive petrol in the country. That means you pay an extra £13 if you fill up there compared to a nearby Asda or Morrisons forecourt. Campaigners against rip-off petrol prices managed to get service stations to publicise their prices on motorway boards situated before slip roads, but this seems to have had no noticeable impact on pricing. It’s a clear case of market failure, so ripe for a price cap.

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May 13, 2017 at 11:56AM

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from Patrick Collinson

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‘Return to your old job and plan a coming back party’ – our work expert responds

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Our careers expert – and you the readers – help an employee concerned about the sacking of a colleague and another who doesn’t like their new job

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May 13, 2017 at 11:56AM

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from Jeremy Bullmore

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Taylor Wimpey compensation offer is PR con, claim victims of leasehold scandal

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Some homeowners believe they will still be left in the clutches of ground rent companies and have to pay excessive charges

Taylor Wimpey last month offered £130m to buyers trapped in new-build homes with spiralling ground rent contracts. It was a move initially greeted with glee by victims of the leasehold scandal. But as details have emerged, some householders say they will still be left paying “frankly obscene” charges.

Jo Darbyshire bought her four-bed home in Bolton in 2010 from Taylor Wimpey without realising the full implications of the 999-year leasehold contract, which allowed the freeholder to double the £295 ground rent every 10 years. Only when a neighbour’s house sale fell through – because a mortgage company rejected the ground rent clause – did Darbyshire discover her home had been rendered potentially unsaleable.

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May 13, 2017 at 11:56AM

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from Patrick Collinson

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Thursday, May 11, 2017

Intel concerned about name of John McAfee’s privacy phone

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Intel has told a court that MGT Capital Investments has gone ahead with the announcement of the “John McAfee Privacy Phone,” even though the company that proposes to change its name to “John McAfee Global Technologies” has previously said that it did not plan to launch products and services under the McAfee mark.

The chipmaker claims it acquired the mark when it bought McAfee Inc. in 2011, and has used and promoted it for security products, services, and publications for consumers and businesses. Security expert John McAfee has stated that he did not sign away rights to his personal name.

Intel spun off last month its security business as a separate company, called McAfee, in which it now owns 49 percent of the equity, with the balance owned by investment firm TPG. The federal court had earlier refused John McAfee and MGT Capital a preliminary injunction until the resolution of the dispute on Intel’s transfer of marks and related assets containing the word McAfee as part of the spin-out.

To read this article in full or to leave a comment, please click here

May 11, 2017 at 11:55AM

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from John Ribeiro

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MIT’s Andrew McAfee and the Incredible Rate of Change

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Interop ITX keynoter Andrew McAfee will explore the ways technology is changing the way companies do business, and how more changes will happen at supersonic speed.

May 11, 2017 at 11:39AM

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from James M. Connolly Executive Managing Editor, InformationWeekEditor in Chief

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Why Failure is Critical to DevOps Culture

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One of the first steps in DevOps is to understand the need for some failures and learn from them.

May 11, 2017 at 11:39AM

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from Jason Hand, VictorOps

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Oracle Disses Cloud Real Estate to its Own Detriment

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In the midst of a rush to the cloud, Oracle CEO Mark Hurd told Fortune ‘real estate’ is not much of a factor. He may learn otherwise.

May 11, 2017 at 11:39AM

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from Charles Babcock Editor at Large, Cloud

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Friday, May 5, 2017

Expect Crude Oil prices to trade lower today: Angel Commodities

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Expect Crude Oil prices to trade lower today: Angel Commodities According to Angel Commodities, on the MCX, oil prices are expected to trade lower today, international markets are trading lower by 2.8 percent at $44.25 per barrel.

May 05, 2017 at 11:52AM

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Tuesday, April 25, 2017

RIL zooms 3% to hit 9-year high after stellar Q4 show

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58356224.cmsStandalone profit came in at Rs 8,150 crore (up 12.78 per cent YoY), compared with ET Now poll estimate of Rs 8,021 crore

April 25, 2017 at 11:58AM

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