Tag Archives: HM Government

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News story: Home Secretary’s statement on the Manchester attack

“I know that some people will only just be waking up to the news of the horrific attacks in Manchester last night.

This was a barbaric attack, deliberately targeting some of the most vulnerable in our society – young people and children out at a pop concert.

My thoughts and prayers go out to the families and the victims who have been affected, and I know the whole country will share that view.

I’d like to pay tribute to the emergency services who have worked throughout the night professionally and effectively – they have done an excellent job.

Later on this morning, I will be attending COBRa, chaired by the Prime Minister, to collect more information – to find out more – about this particular attack, and I can’t comment any more on that at the moment.

The public should remain alert but not alarmed. If they have anything to report, they should approach the police.

But I have two further things to add.

The great city of Manchester has been affected by terrorism before. Its spirit was not bowed; its community continued.

This time it has been a particular attack on the most vulnerable in our society – its intention was to sow fear – its intention is to divide. But it will not succeed.”

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HM Government

News story: Automatic Exchange of Information (AEOI) deadline fast approaching for Financial Institutions

The deadline for submitting Automatic Exchange of Information (AEOI) returns for the year ended 31 December 2016 is 31 May 2017.

Returns should include reportable accounts for the Financial Accounts Tax Compliance Act (FATCA), Crown Dependencies and Overseas Territories (CDOT) and the first year for Common Reporting Standards (CRS).

Financial institutions are advised to check whether they need to register and submit an AEOI return, and if so make the submission in advance of the 31 May deadline.

More information on the requirement to register and submit can be found in our AEOI guidance.

Returns submitted after the deadline, or the filing of an incorrect return, may result in penalties being charged.

If you have any queries please contact your HMRC Customer Coordinator/Customer Relationship Manager, or email your query to enquiries.aeoi@hmrc.gsi.gov.uk.

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HM Government

News story: Car parts merger referred for in-depth investigation

Euro Car Parts’ acquisition of another car parts supplier, Andrew Page, has been referred for an in-depth merger investigation.

Earlier this month, the Competition and Markets Authority (CMA) said that it would refer the deal for an in-depth investigation unless Euro Car Parts offered acceptable ways of addressing competition concerns.

Euro Car Parts has chosen not to offer these and so the merger will now be referred for an in-depth investigation by an independent group of CMA panel members (known as phase 2). The deadline for the final decision is 5 November 2017.

Both companies supply car parts to independent garages across the UK, and the CMA found that they compete closely with each other. Therefore, the CMA is concerned that the merger could substantially reduce competition in a number of local areas, as well as for some large customers that purchase car parts on a national basis. Customers could lose out if their suppliers are no longer competing with each other to offer the best deal.

The phase 2 investigation group will take a fresh look at the merger before coming to its decision.

Further information about the investigation is available on the case page.

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HM Government

Press release: Joint Statement on the recent violence around Brak Al-Shatti airbase

Joint Statement by the Ambassadors to Libya of the People’s Republic of China, France, the Russian Federation, the United Kingdom of Great Britain and Northern Ireland, and the United States of America on the recent violence around Brak Al-Shatti airbase

In light of recent violence around Brak Al-Shatti airbase in Libya’s south which again risks escalating into renewed conflict, Taking note of relevant UN Security Council resolutions(UNSCRs), including UNSCRs 2213, 2259 and 2278, and our statement of 11 April 2017 concerning violence around Tamanhint airbase, Reiterating our determination to support the Libyan Political Agreement (LPA) in order to alleviate the suffering of the Libyan people,

We condemn any efforts to change the situation on the ground in Libya by force, which only undermines recent political dialogue and prolongs the suffering of the Libyan people. We are concerned by reports of summary executions of combatants and civilians.

Perpetrators of such criminal acts must be brought to justice. We urge all parties to exercise restraint and refrain from further escalation.

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HM Government