News Articles

Former policeman jailed for UK's largest potential VAT fraud

Nigel Cranswick, a former policeman from South Yorkshire, has been jailed for over ten years today for his part in an attempted £330 million VAT fraud. He and six others, including his sister and brother-in-law, were caught by investigators from HM Revenue & Customs.

They’d set up a business called Ideas 2 Go Ltd and falsely claimed they’d generated billions of pounds in turnover selling mobile phones and computer software.

Author: The Fonecast
Article rating: 2.0

eBay UK launches a 'mobile manifesto' to boost economic recovery

Online marketplace has submitted a ‘mobile manifesto’ to the UK government today, listing seven areas of focus that will boost the UK's economic recovery by supporting the digital communications industry.

It points out that a recent report prepared for the Department for Culture, Media and Sport estimated the UK’s digital communications industry is worth over £50 billion to the UK economy and employs 531,000 UK workers.

Author: The Fonecast
Article rating: No rating


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