Many of the world’s richest and most powerful people are in the spotlight for the wrong reasons – again. The Pandora papers is the third and largest leak of documents in which the secret financial practices of the wealthy are exposed in the media. They highlight mass tax avoidance and evasion, as well as potential money laundering.
Shutterstock/24NovembersEnergy prices across the world have soared in recent weeks, hitting households and businesses hard.
The shortage of fuel at forecourts has been wreaking havoc in the UK in recent days, leading to long queues and forcing many stations to close. The main reasons being cited in the media are too few lorry drivers to replenish forecourt stocks, coupled with temporary spikes in fuel demand that have been magnified by panic-buying.
What's inside the box? delcarmat/ShutterstockMany of the world’s richest and most powerful people are in the spotlight once more for using secretive tax havens and corporate structures to hide wealth and avoid paying taxes.
Shanvood/ShutterstockSocial media influencers – people famous primarily for posting content online – are often accused of presenting artificial versions of their lives. But one group in particular is blurring the line between real and fake.
With the close of the furlough scheme at the end of September, there are growing signs that older workers have remained stuck on furlough during the reopening while younger workers have returned comparatively swiftly to work.
Beans are booming. Robert Shunev/Unsplash, CC BY-SAInternational Coffee Day feels very different this year. Introduced by the International Coffee Organization (ICO) on October 1 2015 to raise awareness of the product and the challenges faced by producers, the day has usually focused on how low prices paid for unroasted beans barely cover farmers’ costs – let alone support their families.
Hardship will be more pronounced in the capital. Tom Parsons/Unsplash, CC BY-SAAfter 19 months of paying to help UK workers to stay in their jobs during the pandemic, the government furlough scheme finishes at the end of September.
shutterstock The Chinese property giant Evergrande is suffering under an enormous pile of debt, reportedly worth US$305 billion (£220 billion). There have been angry protests at its headquarters, shares have tumbled, and the eyes of the financial world remain anxiously focused on its future.
Shutterstock/Chaay_TeeShares in Universal Music Group surged after its US$40 billion (£29.5 billion) flotation on September 21, suggesting many people think the music business has a strong future.
