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UK inflation rate rises to 0.5% in March

UK inflation as measured by the Consumer Prices Index rose to 0.5% in March, according to the Office for National Statistics (ONS). A sharp increase in air fares, due to the earlier timing of Easter, was the main reason behind the rise from February’s rate of 0.3%, the ONS said. Inflation is now at its highest level since December 2014, ...

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HMRC chief was partner at law firm that acted for Cameron offshore fund

The boss of Revenue & Customs (HMRC), the government department overseeing a £10m inquiry into the Panama Papers, was a partner at a top City law firm that acted for Blairmore Holdings and other offshore companies named in the leak. Edward Troup, executive chair of HMRC since April, is a former partner at Simmons & Simmons, whose clients have included ...

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Mercedes-Benz car seized in Sylhet

Customs Intelligence has seized a Mercedes-Benz car worth Tk5 crore from Sylhet. The car was seized from the possession of London expatriate Abdul Malek after a 36-hour search drive on Saturday midnight. The car was missing since Friday night. An alert was also announced in Sylhet to find the car. Moinul Khan, director general of the Directorate of Customs Intelligence ...

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Calls for ministers to follow Cameron on tax returns

Pressure is growing on cabinet ministers and senior figures from all parties to publish their tax returns. George Osborne is the latest politician to say he is considering following David Cameron’s lead in releasing details of his income and all tax paid. Labour’s Jeremy Corbyn and Lib Dem Tim Farron are both expected to do so but Nigel Farage says ...

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Tata announces Scunthorpe plant deal

Tata Steel has confirmed a deal to sell its Long Products Europe business, including its Scunthorpe plant, to UK-based investment firm Greybull Capital. The move will safeguard more than 4,000 jobs, but workers are being asked to accept a pay cut and less generous pension arrangements. Greybull said it was arranging a £400m investment package as part of the deal. ...

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David Cameron’s mother gave PM £200,000 gift

David Cameron’s mother gave him a £200,000 gift after his father’s death which could potentially avoid inheritance tax, his accounts show. In a first for a UK prime minister, Mr Cameron has released a summary of his tax returns from 2009- 15 as he tries to defuse a row over his finances. The two £100,000 payments were made a year ...

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Minister Tobias Ellwood condemns murder of Nazimuddin Samad

Minister Tobias Ellwood said: I am shocked and appalled by the murder of Nazimuddin Samad and strongly condemn this attack on free speech claimed by Al Qaeda in the Indian Subcontinent. Violence is never the answer. The right to life of all citizens of Bangladesh must be upheld, as must the right to freedom of expression and open debate. I ...

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BBCCI election to be held on 20th April

The bi-yearly General meeting and election of British-Bangladesh Chamber of Commerce and Industries will be held on 2oth of April.  Candidates have already started submitting their candidacy and 13th April would be the last day for withdrawal of candidacy.  On 13th of April BBCCI will also finalise the nominations of the candidates. The board meeting will be held at BBCCI ...

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Taxpayer ‘pays for Samantha Cameron’s £53,000- a-year fashion adviser’

‘When tough decisions have to be made, I’m not sure the wife of the prime minister needs a special advisor’, says MP Samantha Cameron has a personal stylist who is employed on a civil servant’s salary Reuters The salary of a “special adviser” who helps Samantha Cameron with her social diary and fashion style is being paid for by the ...

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