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Added on the 10/10/2016 17:15:30 - Copyright : Reuters EN
Facebook could pay millions of pounds more in UK taxes after changing its tax structure in the country. But, as Sara Hemrajani reports, the pressure is still on Britain's tax authorities to take a tougher line on multinationals.
UK tax payers have reacted angrily to a Sunday Times newspaper report that suggests the social network giant Facebook paid just £4,327 in UK corporation tax last year. As Tim Graham reports that's £1,000 less than the average British worker.
UK leader Rishi Sunak announces after his trip to the Middle East that Britain is sending an additional £20 million ($24 million) of aid to help civilians in Gaza affected by the war between Israel and Hamas. SOUNDBITE
Having sacked her close ally Chancellor Kwasi Kwarteng after a mini-budget which spooked the financial markets as a result of its unfunded tax cuts, United Kingdom Prime Minister Liz Truss confirms that her government will perform a drastic U-turn on its previous commitment not to raise corporation tax. "We need to act now to reassure the markets of our fiscal discipline. I have therefore decided to keep the increase in corporation tax that was planned by the previous government," the under-fire PM says. IMAGES
In a remote address to the Ukrainian parliament, British Prime Minister Boris Johnson announces a further £300 million ($376 million, 358 million euros) in UK military aid to the beleaguered ex-Soviet nation. SOUNDBITE
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