I spent the weekend analysing the latest accounts of Amazon's five largest UK subsidiaries and found that they paid just £39.3m of corporation tax in the UK on £16.1bn of revenue and £555.8mn of profit - which equates to a tax rate of just 7.1%!
www.theguardian.com/technology/2...
A Google engineer made $1.2M on Polymarket betting on who would be announced as the most searched person of the year was just arrested for insider trading.
People need to realize only government officials get away with that blatant a degree of insider trading.
Great work by the Guardian. This is very similar to the "snail farms" found in Liverpool that were being used to dodge business rates under the "agricultural use" clause. 🤪
Great work by the Guardian. This is very similar to the "snail farms" found in Liverpool that were being used to dodge business rates under the "agricultural use" clause. 🤪
SO TIMELY - Fetishising tax avoidance in the US must end if the republic is to survive www.ft.com/content/b4f4...
After the loud fanfare of Amazon's UK tax contribution report last month, the accounts of their uk subsidiaries quietly appeared at companies house over the weekend. Guess what...
www.mirror.co.uk/money/amazon...
Great stuff. Push aside the speculative projects and get shovel ready to the front of the queue. This is the type of quiet, technical, competent government the UK wants and needs.
www.theguardian.com/environment/...
It's the second known case of the federal government filing criminal charges against someone who allegedly used insider information to make a large profit on a prediction market site.
www.npr.org
Amongst all the noise, once again, Amazon refuse to disclose exactly how much corporate income tax they pay in the UK. Globally, their tax bill plummeted in 2025, despite a leap in revenues & profits, thanks to the ridiculously generous tax breaks of Donald Trump www.thetimes.com/business/tec...
Spent £2,618 on a Lalique Feuilles salt and pepper set?!
That's deserving of jailtime all on its own
www.theguardian.com/uk-news/2026...
Suspect that this is a major factor in the happiness gap between the UK and scandavia. Scandics love the outdoors. Brits are scared of sheep and cows. www.theguardian.com/environment/...?
Paul Monaghan
Dare Obasanjo
Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenues
Excl: Midos Group, owned by the London-based Schreiber property dynasty, is accused of unlawfully dodging tax by staging bogus prayer sessions to avoid business rates.
Meanwhile, a separate entity called Midos Management Co is collecting millions by selling temporary accommodation to councils. 🧵
Excl: Midos Group, owned by the London-based Schreiber property dynasty, is accused of unlawfully dodging tax by staging bogus prayer sessions to avoid business rates.
Meanwhile, a separate entity called Midos Management Co is collecting millions by selling temporary accommodation to councils. 🧵
Rob Davies
Rob Davies
Midos Management denies ties to property group accused of making millions from bogus prayer rooms
