As the FT notes this morning: HM Revenue & Customs has lost hundreds of millions of pounds more than previously estimated to an insolvency practice
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Tax cheats could fill Rachel Reeves’ ‘black hole’
People say Rachel Reeves faces a £40bn “black hole” in the UK budget. She is hinting at tax rises — but that gap could be
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What is wrong with Labour?
This exchange took place in the Lords on Tuesday. I referred to this issue a few days ago. Prem Sikka got none of the assurances
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Is the whole of politics a charade, sham or fiasco?
Prem Sikka, or Lord Sikka to give him his title, had this exchange in the House of Lords: So, P&O fails to file accounts for
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Why doesn’t the UK punish people who break company law?
Why doesn’t the UK government care about the fact that UK company law is not enforced? What is the point of having law that they
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Why is the government obsessed with benefit fraud?
The FT has reported that: Ministers are examining proposals to grant banks access to all of the accounts of benefit claimants. They added: Officials in
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It’s time to be serious about tax evasion
As the House of Commons Public Accounts Committee has reported: HM Revenue & Customs (HMRC) estimates that tax evasion cost the UK £5.5 billion in
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UK company law is a joke: it exists, but no one enforces it
UK company law exists to protect society and honest traders from fraudsters, but since no one has the job of properly enforcing that law, it
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No one has a right to limited liability
In this morning’s video I note that we’ve had limited liability companies in their current form for about 170 years now, but no one back
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Richard Murphy
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