Experts fear a takeover of Morrisons could see the supermarket giant shift offshore for tax reasons By Francesca Washtell For The Daily Mail Published: 21:50 BST, 27 June 2021 | Updated: 21:50 BST, 27 June 2021 A takeover of Morrisons could see the supermarket giant shift offshore for tax reasons, experts fear. The grocer is … Read more
The taxman has blown the lid off the offshore interests of millions of Britons – exposing secret Swiss bank accounts and investments buried in the Caribbean. Armed with new international tax data and tougher penalty powers, HM Revenue & Customs (HMRC) is understood to have sent out tens of thousands of warning letters to UK … Read more
Government to spend £20m on offshore wind farms and £5m on ‘hydrogen hub’: The Budget funding helping UK reach net zero emissions In Budget speech, Rishi Sunak says £20m will go to offshore wind technology Another £4.8m will support the development of a hydrogen hub in Wales The Government target is for the UK to … Read more
B&M boss funnels £44m offshore as bargain retailer emerges as one of the pandemic’s biggest winners By Tom Witherow For The Daily Mail Published: 21:50 GMT, 12 November 2020 | Updated: 22:13 GMT, 12 November 2020 B&M Bargains’ billionaire chief executive has funnelled £44million in dividends to his offshore family trust after emerging as one … Read more
Puffins and other seabirds will be driven to extinction by Boris Johnson’s plan to power Britain with ‘limitless’ offshore wind energy by 2030, warns RSPB Charity said Government’s green energy plan risks ‘irreversible seabird losses’ Offshore wind farms are frequently set up in shallow waters, where birds feed RSPB has urged Boris Johnson to keep … Read more
Offshore gambling companies should be forced to have UK bases to stop the Treasury losing hundreds of millions in tax, report says Social Market Foundation think-tank called for gambling firms to be based in UK Report found more than half of remote gambling services are based in Gibraltar Gambling firms should be forced to provide … Read more