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UK economy strengthens recovery as virus lockdown eases

LONDON: Britain’s economy gathered pace in April as the government eased its coronavirus lockdown, official data showed Friday, with Finance Minister Rishi Sunak cautiously welcoming the 2.3-percent growth figure as the Delta variant spreads. It was the fastest monthly output for the UK gross domestic product since July last year “as government restrictions affecting economic ....

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G7 finance ministers agree global minimum corporate tax of at least 15% | News | DW


G7 finance ministers agree global minimum corporate tax of at least 15%
The historic agreement to commit to a global minimum corporate tax could end decades of countries competing to attract corporate giants with low tax rates.
G7 finance ministers met face-to-face for the first time since the start of the pandemic
Finance ministers from the G7 nations on Saturday pledged to commit to a minimum global level of corporate tax of at least 15%
The move aims to get multinationals particularly tech giants to pay more into government coffers hit hard by the pandemic.
I am delighted to announce that today after years of discussion G7 finance ministers have reached a historic agreement to reform the global tax system, said British Finance Minister Rishi Sunak, who was chairing the talks.  ....

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