The first big event during their year as Uk City of culture take place in coventry after a six month delay. Good afternoon. Welcome to bbc news. The Chancellor Rishi Sunak has announced what he called A Historic Agreement to reform the global Tax System. The agreement by the G7 Group of Finance Ministers is set to include a global minimum rate of Corporation Tax. The Base Rate of at least 15 is seen as a starting point, but is lower than the minimum rate of 21 that had been proposed by president biden. The plans are also set to stop major multinational companies, include apple and microsoft, from paying little or no tax in countries where they make money. The uk chancellor, Rishi Sunak, said businesses should pay the right amount of tax in the right place. Many of the Tech Giants have welcomed the agreement. The former deputy prime minister and now facebook s Vice President of global affairs, nick clegg, said the social Media Giant had called for reform of global Tax Rules and wanted t
After a six Month Delay. Good afternoon. The chancellor, Rishi Sunak, has announced what he called A Historic Agreement to reform the global Tax System. The agreement by the G7 Group of Finance Ministers is set to include a global Minimum Rate of CorporatIon Tax. The Base Rate of at least 15 is seen as a Starting Point but is lower than the Minimum Rate of 21 that had been proposed by president biden. The plans are also set to stop major multinatIonal companies, including apple and microsoft, from paying little or no tax in Countries where they make money. The uk chancellor, Rishi Sunak, said businesses should pay the right amount of tax in the right place. Many of the Tech Giants have welcomed the agreement. The former deputy prime minister and now facebook s Vice President of global affairs, nick clegg, said the social Media Giant had called for reform of global Tax Rules and wanted the process to succeed, even if it meant the company paid more tax. Our Business Correspondent Katy au
Papers in a moment at first the headlines. The chancellor, Rishi Sunak, says G7 Finance ministers from the worlds leading economies have reached an historic deal to reform the global Tax System during talks in london. The head of nhs providers which represents Health Trusts in england says coronavirus vaccines appear to have broken the link between cases and serious illness. Meanwhile, Covid restrictions have eased across much of scotland, with people in glasgow allowed to socialise indoors and drink alcohol in pubs and restaurants for the first time in nine months. And the first big events of coventry s year as the uks City Of Culture Take place, after a six month delay. Hello and welcome to our look ahead to what the papers will be bringing us tomorrow. With me tonight are maya goodfellow, a political writer and academic, and Kieran Andrews Political Editor Of The Times scotland. Welcome to you. Lets take a look at the front pages before we discuss them. Lets start with the observer.
Violence, lets go to christina at now she is following the story from los angeles, what work he tells christina . Democrat mayor ted wheeler strongly opposed to former President Donald Trump sending in federal agents to help stop the ongoing destruction and violence wreaking havoc in portland. The mayor even stood with protesters and rejected federal support during a riot last summer. While now, portland has seen an uptick in the unrest it has ramped up after the derek schaub invertebrates are not mayor is as the people in the community to help identify members of what he calls selfdescribed Anarchist Mob who have been engage in acts of violence and vandalism in recent months. The groups are getting smaller yet there are probably more determined. They want to burn, they want to bash, they want to intimidate. They want to assault. However the mayor is still calling for Police Reform it in a recent statement he said we continue to reform the police to bureau enter public speaking system.
historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflation ha