Saturday, 23 June 2012 06:48
‘When UK Uncut began, its young activists were inspired to campaign because of the realisation that the communications giant Vodafone had negotiated a deal with the UK government, whereby its tax bill of £7 billion was conveniently reduced to £1.25 billion. To coincide with the release of “The Missing Billions,” UK Uncut are pursuing Goldman Sachs in court. As the Guardian explained on Wednesday, they have “won permission from the high courts to have a ‘sweetheart’ deal between HMRC [Revenue and Customs] and the banking giant Goldman Sachs judicially reviewed for its legality.”
In court, “Justice Peregrine Simon said the matter was ‘plainly in the public interest’ and that any judicial review of the deal which saw Goldman Sachs let off a £10m interest bill, would be separate to an anticipated National Audit Office investigation on maladministration and bad practice.”’
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