Defiant Theresa May: UK ‘proving doubters wrong’ on Brexit

Leaders of the other 27 EU nations gave a boost to May on Friday when they declared that talks over Britain's exit can proceed to the issues of transition and future relations Writing in two Sunday newspapers, May also struck a defiant note and said her Brexit plans won't be "derailed" by anti-Brexit campaigners   … Continue reading Defiant Theresa May: UK ‘proving doubters wrong’ on Brexit

European finance ministers call for US tax reform rethink

Europe's five biggest economies say US tax reform could contravene WTO rules The finance ministers of Britain, France, Germany, Italy, and Spain have jointly written to U.S. Treasury Secretary Steven Mnuchin They warn the tax measure scoudl hamper international trade   The finance ministers of Europe's five largest economies called in a letter to Treasury … Continue reading European finance ministers call for US tax reform rethink

Labour backs ‘easy movement’ of EU workers after Brexit, says Keir Starmer

Shadow Brexit secretary tells Andrew Marr position would ensure UK kept full benefits of single market and customs union   Keir Starmer has said Labour is prepared to accept the “easy movement” of workers between the EU and Britain in order to secure the benefits of both the single market and customs union after Brexit. … Continue reading Labour backs ‘easy movement’ of EU workers after Brexit, says Keir Starmer

Wall Street sets record highs after passage of Donald Trump’s tax cuts

Investors buy heavily into US shares in wake of Senate’s passage of package of big tax cuts for corporations and high earners   Shares on Wall Street have hit record levels as financial markets around the world anticipate the biggest package of US tax cuts since Ronald Reagan was in the White House in the … Continue reading Wall Street sets record highs after passage of Donald Trump’s tax cuts

Bitcoin: UK and EU plan crackdown amid crime and tax evasion fears

Cryptocurrency close to record price despite news Treasury plans to end traders’ anonymity  EU is taking action to regulate trading in the cryptocurrency   The UK and other EU governments are planning a crackdown on bitcoin amid growing concerns that the digital currency is being used for money laundering and tax evasion. The Treasury plans … Continue reading Bitcoin: UK and EU plan crackdown amid crime and tax evasion fears