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Crypto users forced to share account details with tax officials
Posted onRachel ClunBusiness reporter Getty Images People buying cryptocurrency in the UK now need to share their account details or face penalties, in changes that came into effect on 1 January. The move by the UK’s tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax….
Know when to fold them: the tech inspired by origami
Posted onIn Zaman’s case, he and his colleagues found a way of 3D-printing material divided into chunky, square-shaped tiles. The angles of the sides of those tiles, and the precise nature of the cuts that separate them mean that, when squeezed together, they pop up into a desired 3D shape. It could be a chair, a…
UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Posted onTom Bennett,Londonand Bernd Debusmann Jr,White House Reuters The UK has named career diplomat Christian Turner as its new ambassador to the US, Downing Street has confirmed. The previous ambassador, Peter Mandelson, was sacked by UK Prime Minister Sir Keir Starmer after evidence, including emails and photos, emerged showing his continued association with the paedophile Jeffery…
Trump tariffs: The uncertainties facing businesses and consumers after tariff changes
Posted onUS economist Bernard Yaros pointed out that Trump has already used Section 232 of the Trade Expansion Act of 1962 to introduce industry-specific tariffs on sectors including vehicles, steel and aluminium, and noted that “the Department of Commerce has launched Section 232 investigations into pharmaceuticals, semiconductors, critical minerals, and aircraft”.
Judge blocks probe of Federal Reserve in victory for bank
Posted on“This process has been arbitrarily undermined by an activist judge,” Pirro said at a fiery press conference responding to the decision, which quashed subpoenas – orders to compel someone to give testimony – from her office seeking information from the bank about cost overruns at renovations of its offices.
Blame game over Air India crash goes on
Posted onTheo LeggettInternational business correspondent Getty Images Nearly five months after a plane crash in India which killed 260 people, the investigation has become mired in controversy – with the country’s Supreme Court the latest to weigh in. Flight 171 was en route to London from Ahmedabad in western India on 12 June. It crashed into…
