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Home > World Business Report > Tax Fraud May Have Cost European Governments $63bn
Podcast: World Business Report
Episode:

Tax Fraud May Have Cost European Governments $63bn

Category: Business
Duration: 00:26:27
Publish Date: 2018-10-18 10:20:00
Description: A bank fraud in Europe may have deprived taxpayers of $63bn across at least ten countries. The BBC's Theo Leggett brings us the details. Also in the programme, with the Brexit process seemingly deadlocked over the question of the Irish border, Declan Billington, chief executive of Thompsons, an animal feed business in Belfast sending products south across the border, tells us what's at stake. The US is to withdraw from a long-established treaty which allows small packages to be delivered from poorer countries at low cost. Jordan Fabian is White House correspondent for The Hill website in Washington, and explains the background to the move. Online auction site eBay has accused its rival Amazon of poaching sellers illegally. Richard Hunter at the British investment management company Interactive Investor examines the case. Plus we hear about Landspace's ambition to become the first Chinese non-governmental commercial enterprise to launch a satellite to orbit.
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