Saturday, April 13

Day: November 19, 2018

May vows: she will deliver Brexit deal
Featured, United Kingdom

May vows: she will deliver Brexit deal

    Theresa May today insisted she has won a good deal for Britain and is determined to deliver it as she faced down rebel Cabinet ministers and Tory MPs. The Prime Minister mounted another robust defence of the package thrashed out with Brussels despite the rising threat of a no-confidence vote by her own MPs. In a speech to business leaders, she said the blueprint will allow the UK to regain control of immigration while keeping ties with the EU strong and protecting jobs. The agreement is a good one for the UK. It fulfils the wishes of the British people as expressed in the 2016 referendum, she said. Let no one be in any doubt. I am determined to deliver it. Moving to quell calls from within Cabinet for the deal to be renegotiated, the premier made clear that there...
Meghan Markle could create tax nightmare for Royals
Featured, United Kingdom

Meghan Markle could create tax nightmare for Royals

    The Royal Family faces a tax 'nightmare' as US officials examine whether Meghan and Harry owe them a slice of their multi-million pound fortune, according to reports. The Duchess of Sussex is still an American citizen so has to pay tax in the US, and this could extend to anyone else she draws money from, including her husband. This could deplete both her $5million US fortune and Prince Harry's main source of private wealth, a £300,000-a-year trust fund on which he pays UK income tax. We're looking at a level of financial exposure the Royal Family has never had to face before, one of the aides said. Meghan is reportedly living in the UK on a family visa, but she will have a complicated tax status as long as she remains a US citizen. Tax laws mean that even if Los ...