The European Commission proposed new guidelines to stop large companies from avoiding tax in EU countries, like what happened to Google and UK’s HMRC.
The former HBOS heads who are under probe by the FCA and PRA are considering legal action against the City regulations if they try to ban them from the financial industry. This may threaten the litigations against the former bank managers of the collapsed Bank that needed a £20.5bn taxpayer bailout.
The UK government loses a high-profile case with the bedrom tax law. Three judges from the court of appeals ruled that this is discriminating and unlawful.
A MP sponsored a motion in parliament describing the new psychoactive substance bill as “one of the stupidest, most dangerous and unscientific pieces of drug legislation ever.”
