Britain says inward investment rose, before Brexit vote
LONDON In the last financial year before Britain voted to leave the European Union, the country gained more foreign investment projects than ever before, the government said on Tuesday.
WASHINGTON U.S. House of Representatives Speaker John Boehner on Friday said Republicans and President Barack Obama are locked in a stalemate, a month before a $600 billion (374 billion pounds) "fiscal cliff" of tax hikes and spending cuts is set to kick in.
"There is a stalemate; let's not kid ourselves," said Boehner, speaking to reporters a day after Obama made a budget offer that Republicans called unacceptable.
Obama and Republicans are holding firm in their respective positions, with the biggest sticking point being whether to extend low tax rates on household income above $250,000 (155,947.85 pounds). Boehner said Republicans still oppose raising tax rates on any income group.
(Reporting By Kim Dixon; Editing by Sandra Maler)
LONDON Global accountant Deloitte has called on Britain's government not to clamp down on skilled migrants following Brexit, saying it could backfire on the economy.
DUBLIN The European Commission will rule against Ireland's tax dealings with Apple on Tuesday, two source familiar with the decision told Reuters, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes.