Thanks Nick

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There’s no point being churlish about the Lib Dems. On occasion they remember who they once were. As the Guardian has noted:

Speaking at an event to promote the government's efforts to increase social mobility, the deputy prime minister said: "We are looking at the case for an anti-avoidance rule to ensure that wealthy individuals pay their fair share of tax."

I can well remember selling this idea to Vince Cable – as a result of his reading the TUC’s “The Missing Billions” in which I proposed it.

Good to see that it’s still biting – even in the Coalition government.

Although actually I don’t think it would have had much impact on Sir Philip. Which is why I have suggested something else instead.