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Denmark loses £1.4bn tax fraud claim in UK court case
Posted onTheo LeggettInternational business correspondent and Michael Sheils McNameeBusiness reporter Getty Images Sanjay Shah was imprisoned in Denmark in a separate criminal trial last year Denmark’s tax authority has lost a £1.4bn fraud case at the High Court in London in one of the highest value civil cases ever heard in the UK. Skatteforvaltningen, known as…
Nine ways the Budget could affect you if youre under 25
Posted onArchie MitchellBusiness reporter Getty Images The chancellor has announced her Budget which includes a freeze to income taxthresholds, a rise in minimum wages and a so-called milkshake tax. Here are nine ways Chancellor Rachel Reeves’ Budget might affect you if you are 25 or under. Minimum wage workers will benefit Minimum wages will go up…
A Lament of Fire in the Skies of Dubai: The Tejas Tragedy Leaves the Air Heavy with Sorrow
Posted onThe Dubai Air Show was shaken from its usually immaculate rhythm when an Indian Air Force Tejas light combat aircraft plunged from the sky in a near-vertical fall and exploded into a towering fireball beside the runway. What had begun as a polished solo display transformed within seconds into a scene of chaos as emergency…
Fed cuts rate but future easing uncertain
Posted onDanielle KayeBusiness reporter Reuters U.S. Federal Reserve Chair Jerome Powell speaks as he holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., December 10, 2025. The US Federal Reserve has lowered interest rates for the third time this year, even…
