Daily Archives: May 6, 2014

  • If the eurozone FTT were adopted by the UK it would probably amount to a big tax cut for the City, but the British are still unlikely to support it because they are so allergic to EU taxes, says the FT’s Alex Barker.
  • Wealthy foreign investors have long used offshore companies to hold property in London, but the scale of the practice is raising eyebrows: between 1999 and 2012 nearly 100,000 UK properties were bought through foreign companies.
  • Central banks are using specific regulatory tools to tackle credit and house price growth, rather than raising interest rates, but there are questions over whether this regulation can stop a boom.
  • MI5 warns British corporate chiefs that foreign intelligence agencies are targeting their IT workers, hoping to use them to gain access to sensitive computer systems.
  • Vox explains Middle East history and the big stories in the region through the medium of maps.

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By Gideon Rachman

Most politicians try to say something uplifting when they take office. Arseniy Yatseniuk took a different approach. Accepting the post of interim prime minister of Ukraine in February, his opening words were: “Welcome to hell.”