An Italian court has sentenced fashion designer Domenico Dolce and Stefano Gabbana to one year and eight months in prison for hiding hundreds of millions of euros from the tax authorities.
The designers were not present and have denied the charges.
Given the complexity and length of the appeals process, they are unlikely to spend any time in jail, according to Reuters.
A company spokesman could not be reached for immediate comment.
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Philip Hammond has dismissed concerns that abolishing stamp duty for first-time buyers will push up house prices.
Elsewhere it will be largely sunny, though with gusty winds at times, and a few showers likely in places.
Heavy rain has caused widespread flooding and travel disruption across north west England and North Wales.