UK legal and accounting firms swell Treasury coffers with £20bn in taxes

The tax contributed by the two sectors made up 2.8% of total UK tax receipts.

Economic Data from China and the U.S in Focus Following Inflation Figures from New Zealand

Early this morning, economic data from China that includes 3rd quarter GDP figures will be the key stats of the day. Economic data from the U.S will also draw interest later, however.

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  New Zealand Inflation Surges to Fastest Pace in 10 Years

  Bloomberg
• Dollar Up, China’s Economic Growth Slows Down While New Zealand Inflation Picks Up

  Investing.com

Ireland: Stronger Headline GDP Growth in 2021, Global Tax Deal May Impact Future Growth

Ireland is set for headline economic growth of 14.9% in 2021 on recovering global trade, fiscal and monetary support, and pent-up demand, though a revised global corporate tax deal may dull the country’s investment appeal for some multinationals.