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Could cash end up inside a museum?

Bank of England marks its 325th anniversary with exhibition of objects reflecting changing world of payments




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The top FT stories read by the legal world in the coronavirus lockdown

Litigation battles, fear turns to lawsuits, and a data security flaw




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VAT scrapped early on ebooks

Chancellor brings forward measure in response to lockdown




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Taking pay cut ‘could trigger a tax bill’

Tax experts warn of unintended consequences of reducing or giving away pay and bonuses




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Gary Cohn: Crisis is speeding up the end of cash

Pandemic boosts shift towards digital wallets and currencies




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Business school heads vow to fight axing of MBA apprenticeship

Deans come out against government plan to cut senior executive courses from workplace training scheme




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Tax tribunal struggling to cope with remote hearings, lawyers say

Disputes backlog in ‘under-resourced’ lower court reached 27,280 last quarter




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Government accused of pushing tax compliance policing on to business

IR35 rules demanding companies check their contractors’ HMRC status are flawed and unfair, say Lords




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Company car users on furlough can save thousands of pounds

Tax bills can be reduced by handing back a vehicle to an employer




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France rules out coronavirus aid for tax-haven businesses

Finance minister also says companies cannot pay dividends while receiving government money 




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‘Chancellor must iron out problems for limited company directors’

Mel Stride, former Treasury minister, calls for help for business owners who pay themselves in dividends




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Coronavirus: Your questions answered as furlough scheme opens

Claer Barrett and Daniel Thomas hear readers’ experiences of accessing job retention scheme 




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Second homeowners accused of exploiting loophole to claim virus cash

Politicians say properties are being classed as holiday lets to be eligible for grants




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Thousands could now be eligible for child benefit payments

Parents who haven’t historically claimed could now do so due to lost income




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UK minister seeks ways to extend bailout to owner-directors 

About 2m businesspeople thought to be ineligible for existing coronavirus support schemes




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UK set to pull plug on MBA apprenticeships

Decision follows scrutiny of senior executives’ use of workplace training scheme  




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HMRC suspends some tax investigations due to pandemic

Tax authority switches focus to supporting businesses and individuals via job retention scheme 




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HMRC task forces crank up battle against tax evaders

Adult entertainment, double-glazing and dog breeding among industries targeted 




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Millions of Americans face crisis payment delays

Consumers who use tax preparation services or software could have to wait months for money




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ITV advertising revenues tumble 42% in April

British TV network unable to provide guidance for the rest of 2020 as outlook is ‘uncertain’




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Half of online ad spending goes to industry middlemen

Study shines light on ‘near impenetrable’ £100bn market




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Disney sets out $1.4bn hit from coronavirus crisis

Entertainment group scraps dividend as executives promise it will weather storm




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Netflix plans to reopen production on shows and films

Sanitiser and masks appear on sets in South Korea, Japan and Iceland after shooting restarts




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Leading Philippine broadcaster ABS-CBN ordered to close

Station had carried reports critical of Duterte’s violent anti-drug crackdown




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Covid-19 and consolidation

Silver Lake’s Jio stake, Amazon VP quits in protest, new MacBook Pro




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Murdochs hire US TV news veteran for UK video push

David Rhodes to report to Rebekah Brooks as group seeks to challenge BBC’s broadcast dominance




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Liberty Global in talks to merge Virgin Media with O2

Proposed deal would create strong UK competitor to challenge BT




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Meghan Markle loses first round of legal battle

High Court rules some allegations against Associated Newspapers should be struck out




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Why Silicon Valley is surviving the pandemic ad crash

Facebook and Google show resilience through the crisis thanks to uptick in ‘direct response’ ads




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Government brings forward VAT pledge to help ailing newspapers

Exemption for digital titles comes after publishers request further financial aid to deal with pandemic




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Comcast rides broadband wave during lockdown

US cable company enjoys rising demand for high-speed internet but movie business suffers




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Premier League sought action on Saudi piracy claims before Newcastle deal

English football’s top division wrote to US government over Saudi’s alleged illegal screening of matches




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The future of books — rise in digital publishing and social media

How is the crisis changing our reading habits and accelerating the industry’s digital revolution?




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Cineworld joins AMC in banning films from Universal Studios

Second largest cinema chain sides with rival in spat over movie release




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Enter the Aardvark — a secret gay lover. And taxidermy

Can Jessica Anthony’s parody nail the challenge of satirising US political life?




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Biden struggles to raise money in era of Zoom soirées

Democratic candidate wrestles with new realities as he tries to close cash gap with Trump




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US prosecutors to drop case against Michael Flynn

Democrats outraged by move to clear former national security adviser who already pleaded guilty




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US Supreme Court reverses ‘Bridgegate’ convictions

Unanimous decision finds that two former Chris Christie aides did not commit a federal crime




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Most Americans trust governors over Trump on reopening, poll shows

FT-Peterson survey finds 71% back states as support slips for president’s economic stewardship




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US looks to step up economic action against China

As relations deteriorate over virus, Washington considers curbing supply chains and investment flows




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Trump now says task force will continue ‘indefinitely’

White House group will shift to ‘safety and opening up our country again’




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Demographics, economy and death tolls boost Biden in polls

Data give snapshot of shifting battlegrounds ahead of November’s presidential election




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Five claims from US health official behind whistleblower suit

Rick Bright alleges government ignored coronavirus warnings and engaged in ‘cronyism’




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White House considers winding down coronavirus task force

Vice-president makes suggestion even as number of deaths across the country spikes




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Trump’s pick for intelligence chief vows to be fair

John Ratcliffe testifies at confirmation hearing held under social distancing rules




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The CIA, the FBI and the myth of America’s Deep State

The agencies don’t plot presidential coups — but few heroes emerge in David Rohde’s study ‘In Deep’




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US begins national security probe of electrical grid imports

Commerce department investigation could lead to new tariffs on transformer parts




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US daily fatalities drop below 1,000 for first time in month

Death toll falls in part because of sharp decline in New York state




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Lockdown wines: the best whites to order from home

Since people are no longer paying restaurant margins, some reason they can spend a bit more at home




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Jancis Robinson on the legacy of Robert Mondavi

The family has been making fine wine in Napa Valley for four generations