Heads to roll at Amazon after receiving a £1.7 mill tax bill

Heads are expected to roll at the UK division of Amazon after an undetected internal accounting error meant that the company has become liable for UK Corporation Tax of £1.7m.

The company, which would have beaten Apple to the crown of “first $1trn company” nine years ago if it hadn’t been for its merciless tax mitigation department, is still ranked less profitable in the UK than Toys R Us, Maplin and Aunt Emily’s Corner Shop in Devizes.

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Whoops! Electronics company lose 10 million customers details – again

The popular computer sales company, Dixons Carphone Warehouse, today admitted that the security password on its customer information database had proved too easy to guess for pesky hackers.

The firm’s spokesman, Will Gates, said “The chap who set the system up in 1994 set the password to “password” and, on reflection, and in this age of people deliberately trying to hack their way into places they have no business, it seems obvious that someone would guess correctly eventually. Perhaps we ought to have changed it to something like “password1” before now.” Continue reading “Whoops! Electronics company lose 10 million customers details – again”

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