Author: News Desk

Monday’s front pages are dominated by the expected plans of PM Boris Johnson to raise National Insurance to help finance social care.
The death of former Girls Aloud singer Sarah Harding – who died of cancer aged 39 – is featured on most front pages.

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European banks storing €20bn a year in tax havens – Barclays and HSBC among banks booking money equivalent to 14% of annual profits in offshore entities Leading European banks are booking around €20bn (£17bn) a year – equivalent to 14% of their total profits – in tax havens, with Barclays, HSBC and NatWest Group among those enjoying the lowest tax rates, according to a new report. The figures emerge from an analysis, conducted by the EU Tax Observatory, of 36 big banks required to publicly report country-by-country data on their activities. Banks said to enjoy a particularly low effective tax rate on…

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