Uk Loses £600mn A Year by under Taxing Private Equity Executives Says Lawyer
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BoE warns of risks to UK businesses from private equity bubble
Officials escalate warnings about leverage, transparency and valuationsFinancial Times - World - United Kingdom -
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.CNBC - Business -
UK democratic rights under threat, says government adviser on social cohesion
Disinformation, extremism and intimidation are stifling free speech in public life, warns Dame Sara Khan.Financial Times - World - United Kingdom -
Is private equity’s bet on life insurance turning sour?
Setbacks for European PE-backed insurers fuel warnings over ownership shiftFinancial Times - Business -
Biden Targets Private Jets in Hunt for Tax Revenue
The White House’s new focus on corporate aviation is drawing backlash from an industry that says it supports manufacturing.The New York Times - Business - Joe Biden -
Nearly 170-year-old private college in Alabama says it will close at the end of May
Birmingham-Southern College, a private liberal arts college in Alabama, will close at the end of May after running into financial difficulties and being unable to secure a financial lifeline from the state, officials announced Tuesday.NBC News - Top stories -
Private equity groups step up pursuit of white-collar partnerships
Accounting firms, consultancies and other professional services take outside cash to fund growthFinancial Times - Business -
Dealmaking slowdown leaves private equity with record unsold assets
Bain report reveals how rapidly industry has grown as well as challenges created by higher interest ratesFinancial Times - Business -
Private Equity's Sports Deal Machine Kicks in With Women's Soccer
Firms including Carlyle and Sixth Street have backed women’s soccer teams in the past year, with others expected to follow.The Wall Street Journal - World -
Hospitals cash in on a private equity-backed trend: Concierge physician care
Hospitals are increasingly stretching a velvet rope, offering "concierge service" to an affluent clientele. Critics say the practice exacerbates primary care shortages.ABC News - Top stories -
These 3 tax rules weren't a big deal last year—now they could cost you thousands, experts say
Don't let taxes rules around savings accounts, cryptocurrency and student loans catch you by surprise this year, experts say.CNBC - Business -
Hunter Biden's lawyers seek to toss tax charges in LA court
Attorneys for Hunter Biden are seeking to have his tax charges dismissed in a hearing at a federal court in Los Angeles on Wednesday afternoon. Biden pleaded not guilty in January to three felony charges and six misdemeanor charges in connection ...The Hill - Politics - Joe Biden -
Hunter Biden lawyers ask judge to dismiss tax charges
Attorneys for Hunter Biden are asking a federal judge in Los Angeles to dismiss tax related charges filed against him, arguing that the charges are politically motivated. Prosecutors have previously denied this claim.NBC News - Politics - Joe Biden -
Binance executive escapes Nigerian custody as authorities file new tax charges
One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the exchange.CNBC - Business -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
Eye Opener: Ukraine loses power under Russian barrage
More than a million people in Ukraine lost power after a sweeping Russian attack on the country’s electrical grid. Meanwhile, another U.N. vote for a cease-fire in Gaza failed. All that and all that matters in today’s Eye Opener.CBS News - Top stories - Ukraine -
Tesla, Netflix and many other big companies pay more to executives than they do in taxes. It’s time to rein them in.
35 major U.S. corporations have paid less than nothing in federal income taxes. Instead, they collectively netted almost $2 billion in refunds.MarketWatch - Business -
Why the UK’s biscuit tax leaves a bad taste in the mouth
A quandary over whether a flapjack is a cake or a muesli bar reveals an unseriousness at the heart of the UK’s tax systemFinancial Times - World -
NHS should ‘seek to use’ private healthcare capacity, Wes Streeting says
Shadow health secretary says that in the longer term, he would like no one to need to go privateFinancial Times - Business -
Kentucky hiring Kenny Brooks as women's basketball coach: UK makes big change after consecutive losing seasons
Brooks, 55, led Virginia Tech to four straight NCAA Tournament berths and its first ever Final FourCBS Sports - Sports - United Kingdom -
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
A British financial trader described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis has lost his appeal to have his conviction quashedABC News - World - United Kingdom -
1949: ‘Red Star’ Says Labour Increases British Taxes
The Soviet Army newspaper report blamed the government’s foreign policy for the higher cost of living for the working class.The New York Times - World -
UK approach to China is 'robust', Sunak says
It comes after some MPs criticised the response to cyber-attacks blamed on Beijing-linked hackers.BBC News - Top stories - United Kingdom -
Sean 'Diddy' Combs' lawyer says raids of the rapper's homes were 'excessive' use of military force
A lawyer for Sean “Diddy” Combs says the search of his properties in Miami and Los Angeles were “a gross use of military-level force.”ABC News - Entertainment -
UK sends Canary Wharf landlord first cladding bill under new powers
Housing department seeks to force Yianis Group to pay £20.5mn towards building safety worksFinancial Times - Business - United Kingdom -
The NFL is deciding between these two opponents for Eagles' 2024 Brazil game, says team executive
An official opponent is expected to be announced soonCBS Sports - Sports - NFL -
Should you use a home equity loan to buy an investment property? Here's what experts say.
Is it smart to use your existing home equity to buy an investment property? Here's what some experts think.CBS News - Top stories -
Thousands of foreign nurses a year leave UK to work abroad
Exclusive: Surge in nurses originally from outside the EU moving overseas prompts concern Britain is a ‘staging post’ in their careers. Almost 9,000 foreign nurses a year are leaving the UK to work abroad, amid a sudden surge in nurses quitting ...The Guardian - World - United Kingdom -
Official data confirms UK economy slipped into recession last year
Figures offer little cheer to Rishi Sunak as his Conservative party trails heavily in opinion pollsFinancial Times - World - United Kingdom -
Soccer star Vinícius breaks down about racist abuse in Spain and says he's losing desire to play
Vinícius Júnior broke down in tears on Monday while talking about the racist insults that he has been subjected to in Spain, saying that he is losing his desire to keep playing because of what he has been going through.NBC News - Top stories -
Details of millions of UK voters accessed by Chinese state, ministers will say
Deputy prime minister Oliver Dowden to update MPs on cyber-attacks by Beijing, some of whom may also have been targets. The personal details of millions of voters are believed to have been accessed in an attack by China on Britain’s democratic ...The Guardian - World - United Kingdom -
Fritzl could never come to UK, says home secretary
James Cleverly responds to claims the Austrian sex offender would like to live in the UK if he is ever freed.BBC News - Top stories -
UK farmers in tractors head to Parliament to protest rules they say threaten livelihoods
Yahoo News - World - United Kingdom -
Tory MPs urge tougher action on China after cyber-attacks
Senior Tories say ministers not holding China to account after Beijing targeted elections watchdog and politicians. Tory MPs have urged ministers to take a tougher approach towards China after the security services confirmed Beijing-backed hackers ...The Guardian - World - China -
UK politicians should use ‘disappearing messages’ on devices, says GCHQ
Fresh guidance from a branch of the signals intelligence agency comes after government blames China for cyber attacksFinancial Times - Business - United Kingdom -
Assange judges seek no death penalty pledge from US
Court postpones decision on the Wikileaks founder's case to give the US time to make assurances.BBC News - Top stories -
UK politicians need to get over Brexit and prioritise trade, say businesses
Britain’s reputation as an investment partner demands urgent work, BCC warnsFinancial Times - Business - United Kingdom -
UK borders watchdog says visa regime put care workers at risk
David Neal, sacked last month, says Home Office did not understand sector and left migrants open to exploitationFinancial Times - World - United Kingdom -
Early reviews of the IRS Direct File free tax-prep tool are in. Here’s what taxpayers say so far.
“It was the fastest I’ve ever done my taxes,” says one user. An estimated 19 million people could be eligible to use Direct File, the IRS says.MarketWatch - Business -
An 'often overlooked' retirement savings option can lower your tax bill, advisor says. Here's how it works
There's still time to lower your 2023 tax bill or boost your refund with a spousal IRA for married couples. Here's who qualifies.CNBC - Business