Private equity and professional services firms are facing a crackdown from HMRC

Stay informed with free updates Simply log in to the UK tax myFT Digest – delivered straight to your inbox. Private equity houses and professional services firms could stand to pocket hundreds of millions of pounds after the UK tax authorities launched a crackdown on companies operating as limited companies. HM Revenue & Customs is … Read more

Saudi Aramco prices equity offering at the low end of the range for a sale price of $11.2 billion

Saudi Arabia has sold $11.2 billion worth of shares in Saudi Aramco, less than the maximum amount the world’s largest oil company could have raised in a deal aimed at winning over international investors. After a week-long roadshow led by CEO Amin Nasser that made stops in London and New York, Saudi Aramco said on … Read more