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Higher tax helped government finance reach record January surplus
Posted onIn January 2026, revenue from capital gains tax was nearly £17bn – 69% higher than in January 2025, he said, adding it was likely a reflection of investors disposing of assets since April 2024, ahead of an expected tax rise that came in the October 2024 Budget.
TikTok closes deal to split US app from global business: What to know
Posted onSuranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
Denmark loses £1.4bn London tax fraud case
Posted onUnlock 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…
Drivers warned about scam car finance payout calls
Posted onMotorists have been warned to be on the alert for scammers posing as car finance lenders offering fake compensation. The warning from the Financial Conduct Authority (FCA) comes after the watchdog announced it would set up a compensation scheme for motorists who were sold car finance deals that were unlawful. Earlier this month, the Supreme…
What Effect Will AI Have on Construction?
Posted onSed arcu non odio euismod lacinia. Sit amet cursus sit amet dictum sit. Nunc pulvinar sapien et ligula ullamcorper. Pellentesque diam volutpat commodo sed egestas. Tellus elementum sagittis vitae et leo duis ut diam quam. Eleifend donec pretium vulputate sapien nec sagittis aliquam malesuada bibendum. At risus viverra adipiscing at in tellus. Duis at tellus…
