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Denmark loses £1.4bn London tax fraud case
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Denmark has lost a £1.4bn tax fraud case at the High Court in London in a blow to the country’s efforts to recover monies from the sprawling “cum-ex” scandal. The Nordic country’s tax authority had…
China announces record trade surplus despite Trump tariffs
China announced record export numbers for 2025, a year when US President Donald Trump’s tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world’s largest-ever trade surplus – the value of goods and services sold overseas compared to its imports – at $1.19tn (£890bn). It’s the first time China’s…
Swedish workers trial friendship hour to combat loneliness
Maddy SavageBusiness reporter, Kalmar, Sweden BBC Pharmacy worker Yasmine Lindberg admits that she had been struggling with loneliness Staff at a major Swedish pharmacy chain are being given paid time off to spend with friends, as Sweden’s government calls on businesses to help play a role in tackling loneliness. Yasmine Lindberg, 45, is one of…
Brixton Soup Kitchen prepares for busy Christmas
Helen DrewPolitics London BBC Solomon Smith founded the charity after witnessing poverty among his peers As Christmas approaches, Brixton Soup Kitchen is busier than ever. Set up more than a decade ago to feed homeless people, the charity now serves anyone who cannot afford to eat. Solomon Smith said he founded the charity with money…
Target divisive Reform in 2026, Keir Starmer tells ministers
Chas GeigerPolitics reporter PA Sir Keir Starmer speaking during a cabinet meeting in Downing Street The prime minister has drawn a series of sharp dividing lines with Nigel Farage’s Reform UK, in an attempt to begin reviving Labour’s and his own political fortunes in the new year. Sir Keir Starmer told his political cabinet he…
