McDonald's is to move its non-US tax base from Luxembourg to the UK, the company has said. The new holding company will pay UK tax on the royalties the firm receives outside the US. McDonald's said it had chosen the UK due to the "significant number of staff" it has in London. The Luxembourg tax affairs of the burger giant are currently under formal investigation by the European Commission. Clive Gawthorpe, Tax partner at UHY Hacker Young, joined Share Radio to discuss the move.
The European Union has started legal action against seven nations, including the UK and Germany, for failing to take action against Volkswagen for cheating emission tests. The German car giant has had huge fines in the US over its use of "defeat devices" used to hide true levels of emissions. More than one million cars in the UK are involved, and Paul Simpson, CEO OF CDP, who run global disclosure systems for investors and companies to manage their environmental impacts, joined Share Radio to bring the latest.
The historic Brexit legal challenge has drawn to a close. And it did so with a reminder from the Supreme Court that it will not "overturn the result of the EU referendum". A decision is expected by early January. To look into the key findings from the case, George Peretz QC from Monckton Chambers joined Share Radio.
Almost a year late, investors in Hong Kong can now buy stocks on the Shenzhen Stock Exchange. HK has long been a traditional gateway to the rest of mainland China. This Hong Kong-Shenzhen Connect, is an important milestone in further opening up the Chinese market. Shenzhen is Asia's busiest exchange with a monthly turnover of more than a trillion dollars. To look into this further, Paul Lynch, of Itarle, which is active on exchanges in the region, joined Share Radio Breakfast.
Christmas is a time for sharing and caring but the majority of us won't visit our elderly relatives on Christmas Day - according to a new study - despite a fifth of us worrying about them being alone then. One woman has made it her mission to make sure no one loses out throughout the year. Share Radio Morning's Georgie Frost spoke to Devika Wood, the co-founder and Chief Medical Officer at care provider Vida. Her personal experience of caring for her grandmother and dealing with par social service’s carers, has driven her to want to improve the quality of care.
Georgie Frost is joined in the studio by consumer editor of Good Housekeeping, Sara Benwell. Today they discuss coffee shop saturation on the high street. Plus a look into junk food ads aimed at children becoming a thing of the past. All these stories and more on The News Review.
Christmas cards may be going out of fashion...but one group of disabled artists say this is threatening their livelihood. 'Show you care - send a card' - is the message from the Mouth and Foot Painting Artists. Every year the MFPA print their original artworks on Christmas cards. But as the tradition for sending physical cards is in decline, so too does their business. Georgie spoke to Rosy Moriarty Simmonds OBE in the studio and MFPA artist Andy Baker on the line.
Legal disputes are costing small firms in England and Wales a whopping £11.6 billion each year. That's according to the Federation of Small Businesses who say nearly three quarters of those issues are down to late or non-payment. Georgie Frost spoke to FSB Policy Director Martin McTague to find out more.
Every year, TIME editors select the individual or idea that has most influenced the news and the world. The winner this year is President-elect Donald Trump, who beat ten other finalists, including his Democratic rival, Hillary Clinton. He has described being named Time magazine's Person of the Year as a "great honour". Trump will be President of the United States in just over 6 weeks time, but what are his priorities for the US economy? Share Radio's James Brydges has been hearing from Dr Pippa Malmgren, former economic adviser to George W Bush.
The European Commission has fined Credit Agricole, HSBC and JP Morgan Chase a total of 485 million euros ($520 million) for their alleged participation in a cartel to manipulate the price of the Euribor financial benchmark. The Commission said on Wednesday they were part of a seven-bank cartel that colluded between September 2005 and May 2008 to distort the Euribor interest rate which was set using quotes submitted by a panel of banks and is widely used in international money markets. Ben Kumar, Investment Manager at Seven Investment Management, joined Share Radio to discuss.