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Crypto users forced to share account details with tax officials
Rachel ClunBusiness reporter Getty Images People buying cryptocurrency in the UK now need to share their account details or face penalties, in changes that came into effect on 1 January. The move by the UK’s tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax….
Ford boss Lisa Brankin warns against taxing electric cars
Josh Martin,Business reporter and Sean Farrington,Business presenter Barry Cronin Taxes on electric vehicles may put drivers off buying them at a time when demand has “lost momentum”, Ford’s UK boss has warned. It comes after the BBC reported Chancellor Rachel Reeves could be considering new levies on EVs in the upcoming Budget. Ford UK’s managing…
Greenland will stay Greenland, former Trump adviser declares
Faisal Islam,Economics editor, Davosand Oliver Smith,Business reporter, Davos Gary Cohn says he thinks invading a country that is already part of Nato is “a little bit over the edge” Donald Trump will not be able to force Greenland to change ownership, a former top adviser to the US president has told the BBC. IBM’s vice…
How Saudi Arabias spending spree reached the end of the line
“The thinking now is to basically get small wins, small successes here and there, instead of these mega projects,” says Abdullah. “Like, for example, the Red Sea island resort of Sindalah could be one small win that they can promote, which is basically a very traditional style of resort, which can still be presented as…
