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...His help proves especially invaluable in the creation of Andersen Genève’s current world time model, the Tempus Terrae....
...Nygaard-Andersen said: “The past three years have been rewarding and challenging in equal measure....
...Entain, which owns the Ladbrokes and Coral brands, said Nygaard-Andersen had told the board of her decision to quit....
From Miles Dean, Head of International Tax, Andersen, London EC3, UK
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...Davie cautioned against the BBC moving towards a fully commercial model, saying such a move could compromise the corporation’s editorial objectives....
...Nygaard-Andersen has attended several Grands Prix this year....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...However, expectations of another dizzying year — after corporation tax revenues doubled between 2020 and 2022 — look likely to be dashed....
...A third of last year’s record corporation tax receipts came from just three tech and pharma companies....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...News round-up Axel Springer strikes landmark deal with OpenAI over access to news titles (FT) Apollo plots £5bn takeover of Pension Insurance Corporation (Sky News) Bain Capital buys controlling stake...
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
...Ireland is awash in cash from corporation tax revenues paid by tech and pharma companies....
...Without confident and unimpeachable news output, the corporation itself has little reason to exist....
...The Marmite and Magnum maker has appointed executive search firm Spencer Stuart to conduct the search for Andersen’s successor, according to people familiar with the matter....
...Under Nygaard-Andersen, Entain embarked on a costly spree of bolt-on acquisitions costing more than £2bn while also losing share in several important markets....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...Nygaard-Andersen has become a lightning rod for criticism....
...Andersen is stepping down after nine years on the board, the last four as chair, following a search for his replacement led by the Spencer Stuart group....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Corporation tax — a tariff on profits — is particularly influential....
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