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A 44-storey skyscraper in Beijing has been sold for £610 million in an online auction after being seized by the government from its fugitive owner, The Times reports. Authorities confiscated Pangu No 5 tower in 2016 after Guo Wengui fled the country amid corruption investigations. Its sale on

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Construction firms need to ensure they are ready for a major change to the way VAT is collected and be vigilant to ensure that that supplies and purchases are correctly treated, according to an accountancy specialist. Andrew Laurie, tax manager at Aberdeen-based Hall Morrice, said the change will im

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