Britain

U.K. Planning Revenue Tax on Digital Firms
Technology

U.K. Planning Revenue Tax on Digital Firms

The switch from a tax on profits would expose the huge U.K. sales of global internet companies to tax authorities.
By Matthew Heller | March 13, 2018
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S&P Sees More Sovereign Downgrades This Year
Global Business

S&P Sees More Sovereign Downgrades This Year

Negative rating actions on sovereign debt "are likely to continue to outnumber positive actions over the coming 12 months," S&P says.
By Matthew Heller | July 13, 2017
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U.K. Economy Faces ‘Significant Slowdown’: S&P
The Economy

U.K. Economy Faces ‘Significant Slowdown’: S&P

The United Kingdom thrived as an EU member, and leaving will destabilize the economy and the country's finances, says S&P.
By Vincent Ryan | June 27, 2016
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S&P Signals Downgrade in U.K. Credit Rating
Risk

S&P Signals Downgrade in U.K. Credit Rating

The "Brexit" will deter investment in the U.K.'s economy and put its financial sector at a competitive disadvantage, S&P predicts.
By Matthew Heller | June 24, 2016
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IMF Sees Brexit Having Negative Economic Effect
The Economy

IMF Sees Brexit Having Negative Economic Effect

"The balance of evidence points to notable downward economic risks to the U.K. economy" if the country leaves the EU, the Fund warns.
By Matthew Heller | June 20, 2016
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Facebook Changes U.K. Accounting Policy
Tax

Facebook Changes U.K. Accounting Policy

The change may ease criticism over Facebook's overseas tax arrangements but won't necessarily mean a tax windfall for the U.K. government.
By Matthew Heller | March 7, 2016
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