The G7’s finance ministers’ new deal to get tougher on tax avoidance by multinationals officially brings to an end the 40-year race to the bottom on corporation tax. There will now be a minimum global rate of 15%, pending an agreement at the G20 next month, and multinationals will no longer be taxed where they’re registered, but where they make their money.

But before anyone hails the dawning of a new social democrat century, tax specialist Ronen Palan is sceptical. File most of this under ‘tax advisers being quite accomplished at finding loopholes’. We also report on the prospects for Joe Biden’s first presidential visit to the UK, and also compare this year’s summit with the Trumpian horrors of Biarritz 2019.

Elsewhere, we look beyond Nasa’s two new Venus missions to the other proposed missions that were rejected at the same time: one to Jupiter’s moon of Io and the other to Neptune’s Triton. And in response to the hoo-ha around Channel 5 drama Anne Boleyn, we bring you a defence of historical inaccuracy.

Finally, today is World Oceans Day. Join us at 4pm BST for a live webinar where our environment editor, Jack Marley, will be talking to experts about the history of life in the ocean and why the next decade will be crucial.

Steven Vass

Business + Economy Editor

G7 finance ministers at London’s Lancaster House on Saturday June 5. EPA

G7 tax deal: if you think multinationals will be forced to pay more, you don’t understand tax avoidance

Ronen Palan, City, University of London

To weigh the prospects of a transformation, it pays to look at the markets.

A volcanic eruption on Jupiter’s moon Io. NASA/JPL/DLR

Nasa has just rejected missions to moons of Jupiter and Neptune – here’s what we would have found out

Ashley Spindler, University of Hertfordshire

When two missions to Venus were announced, two others missed out.

Jodie Turner-Smith as Anne Boleyn. Channel 5/PA

Anne Boleyn: in defence of historical inaccuracy

Leanne Bibby, Teesside University

Historically inaccurate portrayals of Anne Boleyn aren't new, and artistic license is vital to telling her story.

Politics + Society

Business + Economy

Environment + Energy

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Science + Technology


  • The queer city: how to design more inclusive public space

    Pippa Catterall, University of Westminster; Ammar Azzouz, University of Oxford

    The gaybourhood gave LGBTQ+ communities the space they urgently needed to simply be themselves. But our cities should be built in such a way that everyone feels at home


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