Press Digest: Financial Times - Sept 9

Methanex

09/09/2024 03:29

Sept 9 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    Headlines
    - Small businesses dodge 4.4 billion pounds of UK tax each
year
    - Bank of London's heavyweight board caught unawares by
unpaid tax bill
    
    - Keir Starmer says his government must be "prepared to be
unpopular"
    
    - OCI hits $11.6 billion in sale proceeds with disposal of
methanol unit
    
    
    
    Overview
    - Britain's small businesses are responsible for the vast
majority of tax evasion in the country but HM Revenue & Customs
does not have a strategy to combat the problem, according to the
parliamentary spending watchdog.
    
    - The Bank of London's board of directors and new management
team were unaware of its unpaid debts to UK tax authorities
until HM Revenue & Customs filed a petition to wind up its
holding company on Thursday.
    
    - British Prime Minister Keir Starmer has said his
government is "going to have to be unpopular" as he defended his
decision to scrap winter fuel payments for 10 million
pensioners, ahead of a vote on the issue on Tuesday.
    
    - OCI Global  OCI.AS  has agreed to a fourth major disposal,
bringing the gross proceeds from its sale of assets to $11.6
billion in the course of an ambitious break-up plan. 
         

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))