The United States is investigating Russian clients taken on by UBS in its acquisition of Credit Suisse, raising concerns about one of the world’s largest wealth managers. The inquiry by OFAC underscores the challenges of integrating Credit Suisse, a struggling bank purchased by UBS, and the implications for Switzerland in managing Russian funds. This development highlights the significant scrutiny and potential consequences for both UBS and Switzerland in overseeing Russian money.
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Mapped: The rural Labour MPs most at risk from farmer inheritance tax backlash
The government's controversial decision to extend inheritance tax to farm properties has put a fifth of Labour's seats at risk, with at least 81 seats in rural areas likely to be affected. The move has sparked anger among constituents, particularly in areas where Labour won by a small margin, making them vulnerable to the Conservatives, Reform, or the SNP. The so-called "tractor tax" has led to protests from farmers and criticism from political leaders, with...
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