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Lowdown
Lowdown

9am Lowdown: Brexit, Barclays and Mansion House speech

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20th Jun 2017
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Good morning, and welcome to Tuesday’s Lowdown.

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Barclays former chief executive John Varley and three other former directors have been charged with conspiracy to commit fraud during an emergency fundraising. (Telegraph)

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Parliament will sit for two years to give MPs time to consider the laws required to deliver Brexit legislation. (gov.uk)

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The Queen’s speech to set out legislative aims has been delayed and will finally take place tomorrow (21 June). (Parliament)

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David Davis and Michel Barnier, representatives of the UK and the European commission respectively, have begun the Brexit negotiations in Brussels. (The Guardian)

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Holyrood will vote on air passenger tax changes that would replace the tax paid by passengers on flights from Scotland's airports. (BBC)

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The Pound has fallen to a one-week low during Mark Carney’s Mansion House speech as he said it is not yet the time to tighten monetary policy. (The Guardian)

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On AccountingWEB

In the news: Rebecca Cave asks: are taxpayers adequately warned of the risks of filing online?

On the blogs: The importance of ambition in accountancy and finance.

Any Answers: Community member MrsNewb asks for advice on the tax implications of a social event.

Industry updates: Making tax digital for landlords.

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