Sentence examples for one-off charges from inspiring English sources

LONDON — Royal Bank of Scotland on Friday reported a net loss of £1.99 billion, or $3.09 billion, in the first half of the year after it took an accounting charge on its debt and other one-off charges.

BLOOMBERG NEWS Royal Bank of Scotland Records $3 Billion Loss in First Half  |  The British bank reported a net loss of $3.09 billion in the first half of the year after it took an accounting charge on its debt and other one-off charges.

Europe's largest consumer electronics group Philips plunged to the biggest net loss in its history last year, due to hefty one-off charges and said on Tuesday it saw no short-term economic recovery.

It managed to make a profit in the first half of the year (excluding one-off charges), is quietly cutting back on profit-sapping discounts and has persuaded a third of its workforce to accept early severance.

There are larger numbers of vacants in areas like Durham and Northumberland, where further tax on empty properties could help force their owners' hands – as could one-off charges, such as the £60,000 payment proposed by Islington council on vacant new-builds.

Lewis and Stewart are tasked with a major strategic overhaul of the group, which last week reported that pre-tax profits crashed 92% to £112m on the back of more than £500m of one-off charges in the first six months of this year.

It would be better if fees for ongoing services were treated as running costs and not rolled-up in a one-off charge on shareholders, he says.The trouble is, the status quo suits both bankers and executives, who can enjoy the City's attentions at little cost.

If you are, say, from the UK and shopping on a US site, a card transaction will entail a foreign exchange fee, while your bank/card company will be likely to take a wider spread on the exchange rate, plus levy a one-off charge for a foreign payment.

The company said on Thursday the head office reorganisation would result in a one-off charge of up to £40m.

The plunge in profits owes much to a one-off charge to cover restructuring in Brazil.

A one-off charge of £25 billion resulting from an oil spill in the Gulf of Mexico did the damage.