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Britain wants Snowden blocked from boarding any plane headed for UK
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The next battle for rule of law in the EU will be fought in court
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For years, the rise of the Bundaberg farmer’s son turned London banker seemed unstoppable. Then things started to fall apart.
By
Rick Morton.
Lex Greensill.
Credit: Nine / Peter Braig
Lex Greensill started the week as a billionaire. Within days, the boy from Bundaberg had lost his empire.
The collapse of his fortune is, in part, explained by close links to Australia’s biggest renewables investor, Sanjeev Gupta. And as such, Greensill’s trouble may drag down Gupta’s global empire, with jitters already spreading to the 1200 workers at South Australia’s Whyalla steelworks, which was purchased by the Gupta Family Group (GFG) Alliance in 2017.
UK scraps ‘tampon tax’ in move hailed by rights groups
Britain will stop charging VAT on tampons and sanitary towels from Friday, the finance ministry announced, saying Brexit made it possible to drop the sales tax on essential period products.
The country left the European Union single market and customs union at 23:00 GMT on Thursday, ending nearly 50 years where it was bound by rules from Brussels.
Its departure means it no longer has to apply an EU law mandating a minimum five percent tax on sanitary products, classed as non-essential luxury items, the Treasury said.
“I’m proud that we are today delivering on our promise to scrap the tampon tax. Sanitary products are essential so it’s right that we do not charge VAT,” said chancellor Rishi Sunak.
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