Dutch government to tackle international tax avoidance
The Netherlands will improve tax transparency and update tax treaties with low-income countries and low middle-income countries. Tax treaties with Zambia and 22 other poor countries will be revised to allow the incorporation of anti-abuse clauses where necessary. This was announced by Ploumen, Minister for Foreign Trade and
Read MoreTop City watchdogs drop new diversity and inclusion rules for firms
FCA and Bank of England’s PRA join retreat from efforts to help underrepresented groups, citing ‘regulatory burdens’ Peers working for City firms dominate Lords scrutiny panel FCA scraps plan to ‘name and shame’ UK firms under investigation Business live – latest updates The City’s top two regulators have
Read MoreVan Dijkhuizen Committee: lower tax rates with a very long first bracket, fewer tax deductibles and simpler benefits will lead to more jobs
The Van Dijkhuizen Committee advises the government to opt for an improved tax system with lower rates and a very long first bracket, fewer deductible items and simpler benefits. According to the CPB Netherlands Economic Bureau for Economic Policy Analysis, these structural reforms will lead in the long
Read MoreWhat can Canada expect from its next PM? The Mark Carney I knew | Larry Elliott
In his seven years as Bank of England governor, Carney was charming and self-confident but had a volcanic temper Smart, smooth, tough and a liberal globalist to the ends of his fingertips. That was how Mark Carney came across in his near seven-year stint as governor of the
Read MoreGovernment wishes to sell shares in URENCO
The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety
Read MoreTrump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies A full-blown trade war would pose a “substantial” threat to the British economy, Bank of England governor Andrew Bailey has warned. Donald Trump struck Canadian and Mexican imports with new duties of 25%
Read MoreBank of England must proceed with caution over future rate cuts, says deputy governor
Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cuts Business live – latest updates Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the
Read MoreDutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL
The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source
Read MoreState of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
Read MorePM statement on British Steel: 12 April 2025
Prime Minister Keir Starmer's statement on British Steel this afternoon. HM GovernmentSource
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