An investigation is needed into the cost of over a thousand tax reliefs which complicate the tax system and are open to abuse, the Treasury Committee says.
The court ruled on 25 July that FX Claim UK, a collective action against six banking groups that include Barclays and Citibank, can proceed as 'opt out' collective proceedings
The UK's Financial Conduct Authority has launched criminal proceedings against Daniel Pugh, who is charged with one count of fraud and three offences of breaching the Financial Services and Markets Act 2000.