Latest in HMRC to hand back £700mn to top UK companies after EU tax ruling
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HMRC to hand back £700mn to top UK companies after EU tax ruling
London Stock Exchange Group, Pearson and ITV stand to gain from European court decisionBusiness - Financial Times - 3 days ago -
Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...Tech - ABC News - October 24 -
Tax blow for 1mn UK top earners by 2027
Fiscal drag will pull thousands more into a 60 per cent marginal rateWorld - Financial Times - October 26 -
UK ‘falling behind’ on sewage pollution regulation while EU tightens rules
EU member states agree to update urban waste water treatment directive. The UK is falling further behind on sewage pollution regulation as the EU tightens its rules to clean up Europe’s waterways, ...World - The Guardian - November 6 -
Labour’s promise of change requires a clearer message
Starmer’s government must learn from leaders who transformed Britain: Attlee, Blair and, yes, ThatcherWorld - Financial Times - October 18 -
A ‘full fat’ Budget is impossible — what are the trade-offs?
Traditional Labour measures on tax and borrowing will need to be balanced with thinner fare to keep to fiscal constraintsBusiness - Financial Times - October 18 -
UK looks at handing asylum seeker housing contracts back to local councils
Exploratory talks follow criticism of private outsourcing groups and concern about their high profitsBusiness - Financial Times - November 4 -
HMRC investigations into serious tax fraud and avoidance hit six-year low
UK revenue authority says its teams are focusing their work on the highest-impact casesBusiness - Financial Times - 4 days ago -
Man’s will written on back of food boxes is valid, UK high court rules
Malcolm Chenery left estate to Diabetes UK charity when he died in 2021, writing will on fish and mince pie boxes. A will written on the back of cardboard food packaging has been found to be valid ...World - The Guardian - 11 hours ago -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Starmer does not rule out further tax rises after Budget
UK prime minister says government plan to borrow more for investment will not push up interest ratesBusiness - Financial Times - October 28 -
Denmark launches landmark framework for using AI under EU rules — with Microsoft backing
Denmark unveiled a blueprint on how to use generative AI in the corporate world to help firms get into compliance with strict new regulation from the EU.Business - CNBC - 19 hours ago -
UK can strike Trump trade deal and rebuild EU relations, says top economist
Keir Starmer can show UK is ‘open for business’, says former Bank of England chief economist Andy Haldane. Business live – latest updates The UK can strike a US trade deal with Donald Trump ...World - The Guardian - Yesterday -
UK motor finance in disarray after court rules against hidden commissions
Major providers have stopped lending or paused commissions as they race to assess implicationsWorld - Financial Times - November 6 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
EU top diplomat nominee strongly backs Ukraine and underlines China's links to the war
The nominee for the European Union's next top diplomat says the bloc must commit to Ukraine for the long-haul even as the war's costs mountWorld - ABC News - Yesterday -
Brown calls Antetokounmpo 'a child' after 2-time MVP offers handshake before pulling hand back
Milwaukee Bucks star Giannis Antetokounmpo offered a handshake to Jaylen Brown after committing an offensive foul against the Boston Celtics wing — only to pull his hand back at the last momentSports - ABC News - 3 days ago -
Intel wins against EU after court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...World - ABC News - October 24 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
Tax changes in budget last straw for UK farmers after ‘years of being squeezed’
Farmers’ union to bring 1,800 members to Westminster in protest, but some say mega-rich landowners are the problem. In the next few weeks tractors full of angry farmers could roll through the ...World - The Guardian - 5 days ago -
Small UK pub owners look overseas after Budget tax rises sap profits
Cluster of hospitality operators have cancelled British investments and will instead boost spending in EuropeWorld - Financial Times - 2 hours ago -
Breaking down the Georgia ballot hand counting ruling
With early in-person voting underway in Georgia, a judge there Tuesday night blocked a new rule requiring the hand counting of election ballots. The judge called the rule "too much, too late" and ...Top stories - CBS News - October 16 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Fan Bingbing, Once China’s Top Actress, Returns to Film Years After Tax Scandal
Fan was a megastar until 2018, when she was fined tens of millions of dollars over unpaid taxes and her career tanked. “Green Night” is her first film since the scandal.World - The New York Times - October 17 -
Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Brands told to rein in ‘aggressive’ trademarks after UK court ruling against Sky
Media company had claimed intellectual property rights for goods including antiperspirants, tuxedos and biofuelsBusiness - Financial Times - 13 hours ago -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
France pushes for ‘flexibility’ on EU car emissions rules
Economy minister says Paris is sounding out European partners to see what can be doneWorld - Financial Times - October 15 -
Judge rejects handful of controversial rules, including hand-count rule, from Georgia board
A judge in Georgia tossed out a handful of controversial rules passed in recent months by the GOP-majority Georgia State Election Board, arguing that the board didn’t have the authority to put ...Politics - The Hill - October 16 -
McDonald’s Quarter Pounder back on the menu after testing rules out beef patties as E. coli source
McDonald's says testing has ruled out beef patties as the source of the outbreak of EHealth - ABC News - October 27 -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - October 30 -
Pennsylvania top court rules provisional ballots must be counted after mail ballot rejections
The Pennsylvania Supreme Court ruled Wednesday in a 4-3 decision that state law provides voters whose mail ballots are rejected an opportunity to vote by provisional ballot. More than 1.1 million ...Politics - The Hill - October 24 -
UK considering EU-style common charging cable
The EU previously introduced a law requiring new electronic devices to use the same type of cable in 2022.Top stories - BBC News - October 15 -
Moldovans back joining the EU by razor-thin majority
Final result sees ‘yes’ vote scrape ahead by 13,000 votes, narrowly avoiding shock setback for pro-western president. Moldovans have voted by a razor-thin majority in favour of joining the EU after ...World - The Guardian - October 21 -
Judge mulls new Georgia election rules, including ballot hand-count
A Georgia judge must decide whether to squash new state election rules, including a controversial change requiring hand-counted verification of ballots, in the final weeks before November’s ...Politics - The Hill - October 15