Momentum has grown behind the US-led plans to limit the ability of multinationals such as tech giants to game the tax system to boost profits, especially at a time when economies around the world are reeling from the impact of the coronavirus outbreak

Finance ministers from wealthy G7 nations on Saturday, 5^th of June 2021, endorsed a global minimum corporate tax rate of at least 15 percent, rallying behind a US-backed plan targeting tech giants and other multinationals accused of not paying enough.

Retail investors in Europe are missing out on the benefits of investing with exchange traded funds because three decades after the low-cost vehicles first came on the scene, they remain hard to buy in the region, experts say.

Even though the products can be elusive for retail investors, ETFs have become wildly popular in Europe with institutions including private banks and wealth managers, which have helped to drive assets under management in the region from $570bn five years ago to more than $1.4tn at the end of April 2021.