Try and find an instance of the market reacting to tax cuts anywhere else on Earth the way it reacted to the UK’s mere mention of such a simple policy. The market usually loves tax cuts. Not this time. Why?

Liz Truss and Rishi Sunak feel bound to talk lower spending to party members, but the former chancellor at least must see the folly of losing billions off our GDP.

With the gradual reopening of UK borders and their new eligibility to shop Tax Free in the EU, UK residents represent a new opportunity for European retailers. / Continental European shopping destinations will attract more international shoppers following the abolition of the Tax Free Shopping scheme in the UK

Boris Johnson, Britain's newly-crowned prime minister of the U.K., was born in New York City and only recently relinquished his American passport when the Internal Revenue Service chased him for unpaid taxes.