Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400million held in a trust in Singapore to the Government. The 92-year-old said “I plead guilty” at Southwark Crown Court on Thursday while standing in the well of the court wearing a dark suit and grey tie. On July 7, 2015, the billionaire failed to declare a trust in Singapore with a bank account containing around 650 million US dollars, worth about £400million at the time. The charge stated Ecclestone, who has three grown-up daughters, Deborah, Tamara and Petra, and a young son, Ace, had “established only a single trust, that being one in favour of your daughters, and other than the trust established for your daughters you were not the settlor nor beneficiary of any trust in or outside the UK”. Before his guilty plea, he had been due to face trial in November on the single fraud charge. The court heard Ecclestone had said “no” when asked by HMRC officers whether he had any links to any further trusts “in or outside the UK”. Prosecutor Richard Wright KC said: “That answer was untrue or misleading. “Mr Ecclestone knew his answer may have been untrue or misleading. “As of July 7, 2015, Mr Ecclestone did not know the truth of the position, so was not able to give an answer to the question. “Mr Ecclestone was not entirely clear on how ownership of the accounts in question were structured. “He therefore did not know whether it was liable for tax, interest or penalties in relation to amounts passing through the accounts. “Mr Ecclestone recognises it was wrong to answer the questions he did because it ran the risk that HMRC would not continue to investigate his affairs. “He now accepts that some tax is due in relation to these matters.” Read More FIA to review Qatar GP as ‘dangerous’ temperatures prompt driver complaints Lewis Hamilton and George Russell vent anger on radio after collision in Qatar Lewis Hamilton crashes out after first-corner collision with George Russell In his own words: Christian Horner on world champion Max Verstappen Angry Lance Stroll shoves personal trainer and storms out of interview Max Verstappen fastest in Qatar practice as he closes in on world championship

Mike Rogers, the former GOP congressman who chaired the House Intelligence Committee, is expected to soon announce he will run for the Senate in Michigan, giving Republican leaders a key recruit in a state Democrats need to hold to keep their narrow majority, according to two people familiar with his deliberations.

The 2024 NHL Stadium Series will reportedly feature the New Jersey Devils vs. the Philadelphia Flyers and the New York Rangers vs. the New York Islanders at MetLife Stadium.The 2023-24 season will continue the tradition of the outdoor NHL Stadium Series. David Pagnotta reported on Tuesday that t...

Philadelphia Phillies fans weren't happy with how Game 7 of the NLCS ended, so they let NBC Sports Philly hear about it.

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The South Carolina Senate on Tuesday passed a six-week abortion ban despite the fact that every woman senator in the chamber, Republican and Democrat, voted against it. The abortion ban will now go to the desk of Gov Henry McMaster, a Republican. If Mr McMaster does sign the bill as expected, it will be another blow to people seeking abortion care in the southeast. Nearly every other state in the region has enacted abortion bans since the fall of Roe v Wade last year. If Mr McMaster signs the ban into law, it is likely to face a legal challenge. The South Carolina Supreme Court earlier this struck down a previous version of a six-week abortion ban as unconstitutional. But that didn’t stop Republican men in the state legislature and the male Republican governor from pushing to pass a ban anyway. Six-week bans on abortion are considered near total bans because many people don’t know they’re pregnant until more than six weeks after conception. This story will be updated. Read More Haley vs. Scott: From South Carolina allies to 2024 rivals South Carolina Republicans hear pitches from 2024 candidates, reelect state party chairman Republican abortion debate inches toward resolution in South Carolina

PALO ALTO, Calif.--(BUSINESS WIRE)--Aug 10, 2023--

Matt Blashaw is set to host Season 2 of HGTV's 'Build it Forward' along with Taniya Nayak

The casting director behind "Game of Thrones," "The Crown" and films big and small stills finds acting a mysterious business.

BOSTON--(BUSINESS WIRE)--May 15, 2023--

Josh Gad said his message about the Israel-Hamas conflict was of 'heartbreak and shock' and that he has always been critical of the Israeli government

Barcelona coach Xavi knows from his own experience that taking a chance on youngsters at the club’s famous La Masia soccer academy usually pays off