Sports

Ex-Formula 1 boss Bernie Ecclestone to stand trial for tax evasion

Former Formula 1 boss Bernie Ecclestone is due to stand trial in the UK on Monday for alleged tax evasion. The 91-year-old is accused of failing to declare 400 million euros in overseas assets. He denied the charge. Prosecutors allege Ecclestone misrepresented his wealth between July 2013 and October 2016, when UK tax authorities conducted

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Global

UK PM rules out windfall tax to fund energy price freeze

Liz Truss faced her first parliamentary grill on Wednesday as British Prime Ministerexcluding an exceptional tax to finance any freezing of energy bills to compensate for the sharp increases in the cost of gas and electricity. Truss, who formally took over from Boris Johnson on Tuesday, said she would explain her plans on Thursday for

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Global

Trump finance chief pleads guilty to 15 counts of tax evasion

The man who ran the financial side of Donald Trump’s business empire – longtime lieutenant Allen Weisselberg – pleaded guilty to 15 counts, including tax evasion and theft. Weisselberg, 75, agreed to the deal on Thursday and could potentially be the star witness against the Trump Organization in a trial over what prosecutors say is

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