Belfast Telegraph

Monday 28 July 2014

Business briefs: Bradley turns his art to skateboards

Artist Terry Bradley arriving at the Fate Awards in the Waterfront Hall, Belfast
Terry Bradley
BRADLEY_BAG.jpg

Northern Ireland artist Terry Bradley has diversified by showcasing his work on a brand new range of skateboards.

The boards will be unveiled in Belfast on Saturday at a free event in T13, a new urban space in the Titanic Quarter from 12pm to 6pm.

Mr Bradley is working with Belfast Urban Sports, a charity which is helping to develop Northern Ireland's first outdoor urban sports park, in partnership with Belfast City Council. Construction is due to start soon.

Homeowners face letting dilemma

A DOUBLE dip recession could lead to a wave of people being forced to let their property and downsize, according to a report.

Finance firm More Than warned that almost half of the UK's homeowners could become "reluctant landlords" in a bid to hold on to their houses.

One in 10 people said they would have no choice but to let their property if there was another housing slump, rising to one in seven in London.

Around 1,000 people were questioned in the survey.

Fashion industry valued at £21bn

THE UK fashion industry has called for Government support after a study revealed it is now worth £21bn to the economy.

The industry directly employs 816,000 people, and its wider contribution, ranging from IT to tourism, is calculated at a further £16bn, the study by consultants Oxford Economics for the British Fashion Council found.

The findings, released on the eve of London Fashion Week, rank the industry as the 15th largest in the UK, similar in size to the food and beverage and telecommunications sectors.

No levy on cash owed, says HMRC

HM Revenue and Customs has announced that people who underpaid tax as a result of errors would not be charged interest on the money they owed.

Dave Hartnett, head of HMRC, said those who "engaged" with the process and agreed to repay sums owing as a result of errors in the Pay As You Earn (PAYE) system would not have to pay interest.

He also renewed his apology for the situation, which has left 1.4m people facing demands for more tax.

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