Between 2010 and 2016, the volume of industrial production increased by 5.6% in the European Union (EU). However, significant growth differences across different sectors exist (see graph below). Highest ... Read More
British American Tobacco has launched a $47 billion (£38 billion) bid to buy US tobacco giant Reynolds. The tobacco giant, which already owns 42.2% of Reynolds, has offered $55.5 per ... Read More
The Government of Greece has opened hundreds of tax-evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, ... Read More
Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved further away from deflation. GDP rose by 0.3% between April and June, in line ... Read More
Four of the world’s largest tobacco companies have lost a high-profile legal challenge against the UK government’s new rules on plain packaging for cigarettes. British American Tobacco, Imperial Tobacco, ... Read More
6% more than the £1.5 billion raised last year According to our research, HMRC investigations into underpayments of ‘sin taxes’ on cigarettes, alcohol yielded £1.63 billion in extra tax ... Read More
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