The U.K. will soften some planned changes to its non-dom tax rule following concerns of a millionaire exodus, allowing non-doms to bring money to the UK without significant taxes. Finance Minister Rachel Reeves confirmed the amendment to the Finance Bill at the World Economic Forum in Davos, reassuring overseas investors that double-taxation agreements will not be affected. The Treasury stated that the tweaks aim to encourage non-doms to bring funds to the U.K. while ensuring the reforms do not impact tax revenue forecasts.
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Iconic 800-year-old Raven Hotel in flames as roof caves in on historic site
Raven Hotel Fire in Droitwich Spa The historic Raven Hotel, once visited by King Charles I, was engulfed in flames on Sunday, leading to the collapse of its roof. The derelict building, undergoing renovations for new housing, was attended by six fire engines, with no injuries reported and the cause of the fire still under investigation. Want More Context? 🔎
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