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China's real estate 'black hole' is coming for UK economy – dire warning | City & Business | Finance

EXCLUSIVE: Tax expert Bob Lyddon believes estate agents in the UK are currently 'engaged in an orchestrated attempt to talk the market up'.

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HSBC Facing a 'Hit' of over £6.3bn as a Result of Unsecured Commercial Property Loans in China: Report

HSBC is facing a 'hit' of more than £6.3bn (billion) as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.

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HSBC facing a 'hit' of over £6.3 bn as a result of unsecured commercial property loans into China: Report

HSBC is facing a "hit" of more than £6.3 billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.Payments and banking consultant Bob Lyddon branded the ...

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'Barmy' Sunak tax plan to make businesses foot bill for UK recovery torn apart by ex-MEP

'Barmy' Sunak tax plan to make businesses foot bill for UK recovery torn apart by ex-MEP
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Rishi Sunak tax plan to make businesses foot bill for UK recovery torn apart by ex-MEP | Politics | News

Rishi Sunak tax plan to make businesses foot bill for UK recovery torn apart by ex-MEP | Politics | News
express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.

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Rishi Sunak tax warning: Chancellor 'will NEVER be PM' if Spring Budget targets taxpayers


Facebook's European headquarters in Dublin (Image: GETTY)
“It’s a really important market for them.
“Basically we need to say: ‘Pay up: you’ve had a good run but now the game has changed.’”
The UK plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported today - although there is no indication the approach will specifically target companies in Ireland and Luxembourg, as advocated by Mr Lyddon.
Boris Johnson's cabinet (Image: Express)
The government has contacted companies to discuss how an online sales tax would work, with plans being drawn up for a one-off “excessive profits tax”.

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