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LexNon-dom tax status
City of London could bear the brunt of ‘non-dom’ tax reforms Premium content
...Almost a quarter of non-doms work in finance, according to analysis by academics from the University of Warwick and the London School of Economics....
April 10, 2024
UK tax
‘Non-doms’ rush for advice on Labour’s tax reform plans
...The final group of affected people include those who had placed foreign assets into trusts when they were non-domiciled and had subsequently been deemed UK-domiciled....
April 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT Schools
Geography class: Dubai battles flood waters as historic storm causes chaos
...to quantify how much rain fell in Dubai Suggest ways in which Dubai’s infrastructure ‘made a bad flood worse’ Outline why the effects of the flooding may be felt beyond Dubai Suggest why the UAE has...
April 22, 2024
Live news: US FTC bans non-compete agreements
US FTC bans non-compete agreements
...The US Federal Trade Commission has voted to ban non-compete agreements across the US economy....
April 23, 2024
Live news: Russia’s deputy defence minister detained on suspicion of receiving a bribe
US FTC bans non-compete agreements
...The US Federal Trade Commission has voted to ban non-compete agreements across the US economy....
April 23, 2024
The FT ViewThe editorial board
A justifiable ban on US non-compete clauses
...Academic researchers have long noted the impact of non-compete contracts on wages, and pushed for reform as a way of boosting pay, innovation and new business formation....
April 25, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Letter
Letter: Why announcing non-dom policy on the hoof is tricky
...The abolition of the “non-dom” regime is much more fundamental than closing a tax loophole for “the 0.1 per cent” and potentially impacts on anyone who moves to the UK from somewhere else, or who is a British...
April 22, 2024
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...As a result, homes built in flood zones across the US are overvalued by as much as $237bn, according to research by Jesse Gourevitch from sustainability non-profit the Environmental Defense Fund....
March 22, 2024
Live news: US trade groups sue FTC over non-compete ban
Trade groups sue FTC over non-compete ban
...The US Chamber of Commerce and other trade groups sued the US Federal Trade Commission on Wednesday after the regulator voted to ban non-compete agreements....
April 24, 2024
Climate change
Asian region reels from heat and floods as WMO warns of climate change effects
...The report said the impact of heatwaves in the region was becoming more severe, although floods and storms continued to cause the highest number of reported casualties and economic losses in Asia....
April 23, 2024
US financial regulation
Ban on non-compete agreements sends shockwave across Wall Street
...In theory, that could give traditional banks more flexibility on non-competes than asset managers, private equity firms and hedge funds....
April 26, 2024
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...Dozens of US states have already imposed some form of limitations on non-competes, but only four have banned them entirely....
April 24, 2024
Donald Trump
Ex-tabloid publisher says he sought to shield Trump from infidelity claims
...The 72-year-old, who is testifying in exchange for a non-prosecution agreement with the Manhattan district attorney’s office, said he told Trump’s then-fixer and lawyer Michael Cohen that he would notify...
April 23, 2024
The best books of the week
No Way Out — Tim Shipman on Brexit, Theresa May and the death of a premiership
...It charts the bitter divisions, relentless setbacks and slow death of Theresa May’s premiership. It is a closely observed study of power, and how it is gained, used and lost....
April 23, 2024
UK prime property
Hot property: five homes for sale in the Peak District, England
...Who Savills House, Sheldon, £699,950 Where Above the River Wye in the heart of the Peak District National Park, Sheldon is a historic village featuring characterful stone cottages and views of the White...
April 10, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Employment
Millions of workers are caught in a ‘non-compete’ trap
...Laura is among the tens of millions of US workers caught by onerous non-compete clauses....
April 18, 2024
Letter
Letter: Work model as radical as Smith’s division of labour
...It is time to conceive a way of working as revolutionary as that described by Adam Smith, the 18th-century Scottish philosopher and economist, in his theory of the division of labour illustrated by the example...
February 23, 2024
Photo essay
Jeremy Hunt planning to scrap non-dom tax status to free up funds for election tax cuts
...Jeremy Hunt considers scrapping ‘non-dom’ tax status at the Budget...
February 29, 2024
Letter
Letter: Climate goals will leave gas network with costly stranded assets
...You report that “no one has security over Thames Water’s assets” in a piece by Tim Short highlighting that assets could not be disposed of without the permission of the UK secretary of state (FT Alphaville...
April 22, 2024
Law
Examining the wrinkles of the Russian assets set-off plan
...Given Congress’s divisions over Ukrainian assistance, there is little chance of direct approval. But the approval may not need legislation directly authorising a loan....
April 12, 2024
Climate change
London and other UK cities unprepared for effects of climate change
...The MPs pointed out that lack of funding prevented the agency from properly maintaining assets, such as flood defences and barriers, while Defra had failed to provide adequate support and leadership to local...
January 17, 2024
US employment
Employee non-compete agreements barred by US regulator
...“Non-compete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new start-ups that would be created a year once non-competes are banned...
April 23, 2024
Due Diligence
Mining’s rocky £31bn mega-deal Premium content
...Non-competes for, say, bartenders or security guards don’t really make a lot of sense....
April 26, 2024
LexIntrum AB
For Europe’s debt collectors, bad loans have proved bad business Premium content
...The company, which levered up when interest rates were low to buy non-performing loans, will get €0.7bn of cash, an equity stake in the new vehicle and a five-year contract to service the assets....
January 23, 2024
Letter
Letter: Panic created by non-dom tax reform is overdone
...a straightforward exemption of non-UK income and gains....
March 29, 2024

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