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One million people missed HMRC tax return deadline
“Thank you to the millions of people and agents who filed their self assessment tax return and paid any tax owed by 31 January. Anyone who missed the deadline should file their return as soon as possible, as penalties and late payment interest may be charged,” said Myrtle Lloyd, HMRC’s chief customer officer.
G7 stands ready to release emergency oil reserves
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…
Khamenei martyrdom narrative smooths path for sons rise
The manner in which Iran’s supreme leader Ayatollah Ali Khamenei was killed by the US and Israel — at work in his office with family members present — evoked for Mikaeel Dayani one of the central stories of Shia Islam: the martyrdom of Imam Hussein, the third imam and grandson of the Prophet Mohammed. Dayani,…
Trumps Venezuela oil meeting starts with few concrete promises
US President Donald Trump met with oil executives in Washington on Friday, as he pushed for major investments in Venezuela. But no major financial commitments were immediately forthcoming from the meeting, with the head of ExxonMobil warning the South American country was currently “un-investable”. Trump has said he expects big oil companies to direct “at…
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
BYD: Chinese EV giant sees UK sales soar by 880%
Chinese car making giant BYD says the UK has become its biggest market outside China, after its sales there surged by 880% in September compared to a year earlier. The company says it sold 11,271 cars in the UK last month, with the plug-in hybrid version of its Seal U sports utility vehicle (SUV) accounting…
