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​Pragmatic or pointless? Europe’s rift over whether to pick up the phone to Putin

1 day 7 hours ago

With no single European representative negotiating directly with Moscow, some leaders are establishing their own channels – with messy results

The Nordic countries rarely fall out in public over foreign policy, least of all over Russia.

But a 90-minute phone call this week to Vladimir Putin by the leaders of Finland and Norway drew an unusual rebuke from their Danish and Swedish neighbours.

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HMRC puts 200 billionaires on UK tax crackdown hitlist

1 day 7 hours ago

‘Compliance managers’ to have discussions with authority’s wealthiest customers in attempt to raise tax revenues

The UK’s tax authority is assigning dedicated “customer compliance managers” to more than 200 billionaires as part of a crackdown meant to raise £500m for the public purse.

HM Revenue and Customs (HMRC) said it had for the first time compiled a list of billionaires who are required to pay tax in the UK, regardless of whether they formally live in the country, to tackle a “wealthy tax gap” caused by those who do not pay what they ought.

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