Fingleton’s financial means; Banks struggle to close accounts; and EU secures approval on 15% tax rate

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Fingleton’s financial means; Banks struggle to close accounts; and EU secures approval on 15% tax rate
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Lawyers for Michael Fingleton say he cannot meet the costs of an ongoing legal case over Irish Nationwide; the Court of Appeal judges want to see an affidavit of means. Photograph: Eric Lukehas been asked to draw up an affidavit of his financial means as his lawyers plead that he has now chance of covering the likely seven-figure legal costs of a civil action being taken against him over the collapse of the business, never mind about any damages he is required to pay.

And that is just a fraction of the accounts still open at the two lenders, with the pace of closures slowing down in November, writes Joe.that had blocked the EU from agreeing to sign up to new global tax rules involving a minimum corporation tax rate of 15 per cent as well as a package of aid for Ukraine in return for the release of some post-Covid stimulus funds, although they might still be subject to rule of law reform in the eastern European state, writes Naomi O’Leary in Brussels.

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