The Barclays Bank fiasco, of it accepting an offer of funding from Middle East investors at an interest rate of 14%, at a tax cost
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The banks must be forced to stop their tax abuse
People are asking me a simple question at the moment: why are we bailing out the banks when ti seems that the banks have done
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A memo to Dave Hartnett
Memo To: Dave Hartnett, HMRC From: Richard Murphy, Tax Research LLP Date: 8 October 2008 Subject: Bank equity and structured finance Dear Dave I’ll trust
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We should have nationlaised banks in the morning.
Tomorrow morning it seems likely that £50 billion will be injected into the banking system. Tonight the market capitalisation of RBS is £14.9 billion. Barclays
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The most depressing news
Most depressing news of the weekend: Barclays has pledged to pay $2.5 billion in bonuses and salaries to Lehman staff in New York, whose collapse
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Jersey – riddled with corruption
I have been involved in a discussion on the IsThisJersey web site, where my blog entitled ‘2007 – a year in retrospect’ was reproduced. As
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What I’d like for Christmas: that Channel Island’s bankers understand their money laundering laws
Two people claiming to be Channel Island’s financial services operators have been making extensive comments on two blogs on this site. Despite the claims of
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Mike Rake goes to Barclays
Sir Mike Rake has been appointed a board director at Barclays. They suit each other: he headed a firm heavily tainted by offshore and scandal.
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Barclays regrets to advise
Barclays ‘Head of Wealth Operations’ has been writing to his customers…. To tell them that running an offshore bank account may not always have been
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