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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…
Which countries do business with Iran and what could new US tariffs mean?
Posted onJemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
Nvidia and Microsoft bosses hail huge UK AI investment
Posted onZoe KleinmanTechnology editor and Faisal IslamEconomics editor Watch: UK is not giving up its digital sovereignty, Microsoft boss tells BBC Major US tech firms have pledged tens of billions of pounds worth of investment in the UK, with Nvidia Jensen Huang, predicting the country will become an “AI superpower”. The biggest single investment comes from…
