The FT notes this morning: Bob Diamond, chief executive of Barclays, has accused the government of inflicting “unnecessary damage” on its reputation when it retrospectively
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Barclays have made the case for full country-by-country reporting
The Guardian’s editorial this morning includes the following: The Barclays tale cries out for a sweeping response. Not merely the specific legislation to claw back the
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Barclays tax could fund proper jobs for exploited youth
The £500 million in avoided tax that Barclays will now have to pay could fund full-time jobs above the living wage for all the young
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Barclays has made the case for a general anti-avoidance principle
I’ve long argued for a general anti-avoidance principle in UK tax law. A recent briefing on this issue is available as a PDF here. Barclays leaves me more convinced than ever
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You’re wrong Laura Kuennssberg
Writing on the ITV web site this morning about Barclays their business correspondent Laura Kuenssberg says: Of course, it makes financial sense for any business to make smart decisions about how,
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I was criticised the other day for suggesting an extra tax on bankers’ bonuses
If you want a one word explanation of the need for a general anti-avoidance principle this is it
It’s time you retracted what you said Bob Diamond
Bob Diamond of Barclays said this in a BBC lecture last year: Soon after the financial crisis of 2008 I was at a meeting in
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Benefit fraud – £1,200 million per annum. Barclays’ abusive tax reclaims – £500 million.
Benefit fraud costs the UK £1.2 billion a year. Yesterday we learned that Barclays tried to claim £500 million of tax back it was not owed.
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