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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…
China’s economic growth slows as trade tensions with US flare up
Posted onOsmond ChiaBusiness reporter Getty Images The 4.8% growth in the third quarter marked a slowdown from 5.2% in the three months to July China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy…
Ukraine to import US liquefied natural gas via Greece
Posted onVital supplies of US liquefied natural gas are due to start flowing into war-ravaged Ukraine this winter via a pipeline across the Balkans. The deal was announced after Ukrainian President Volodymyr Zelensky met Greek Prime Minister Kyriakos Mitsotakis in Athens on Sunday. Greece is working to increase the flow of American LNG to its terminals…
Castore co-founder: If fans couldnt afford kits they wouldnt pay
Posted onCastore Tom Beahon set up Castore with his brother Phil in 2015 The co-founder of premium sportswear firm Castore has defended the price of replica football kits. Tom Beahon, who set up the company with his brother Phil in 2015, maintains that if fans could not afford to buy the official merchandise then the market…
