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Tynwald committee warns against systematic reliance on reserves
BBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
WrapUp London: How unwanted coats are changing lives this winter
BBC The table full of coats and outerwear for babies and toddlers was popular It is a simple mission: ensure everyone in London is wrapped up warm for winter. This year, WrapUp London will collect and distribute about 20,000 unwanted or outgrown coats and gift them to homeless charities, women’s refuges and family centres. A…
Denmark loses £1.4bn London tax fraud case
Unlock 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…
