By Tom Bergin. LONDON | Tue May 21, 2013 11:10pm BST. LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for ...

Britain will be advised to sell off the state's holdings in the Royal Bank of Scotland and Lloyds Bank by the International Monetary Fund (IMF) in a move that will embolden George Osborne as he attempts to justify his economic strategy.

Fiat Industrial aims to move its tax residency to the UK from Italy after a merger with US business CNH to take advantage of a lighter fiscal regime, according to a regulatory filing.

Bwin.party's tactical shift of its customer database from quantity to quality contributed to a 17 per cent fall in the online gambling group's first quarter net revenues.

Investment banks' ability to reward junior traders with bonuses worth many times their salaries will be curbed by proposals that further widen the EU's planned bonus cap.

Burberry Group Plc (BRBY), the U.K.'s largest luxury-goods maker, reported full-year profit that beat estimates, boosted by strong demand in China and Hong Kong, and increased the dividend by more than analysts expected.

ECONOMISTS believe incoming Bank of England governor Mark Carney will have room to print further money or copy Japan's more radical �Abenomics� after inflation fell to a seven-month low last month.

Major shareholders had urged Vodafone to distribute most of the special dividend from its 45pc stake in the growing American operator.

THE Footsie pushed through the 6,800 barrier yesterday to close above its 2000 and 2007 peaks and within 130 points of its all-time high set in December 1999.

A �5bn hole in the public purse has been caused by the failure of HM Revenue and Customs to clamp down effectively on fraud and error, MPs warn on Wednesday.