“Full of sound and fury, signifying nothing”, a line from King Lear that I had to learn in school which has stuck, for some reason. And that’s why the Bard is still performed today, a perfect description of this ‘historic agreement’ to sort out tax-dodging Amazons and Starbucks. That great seafaring nation, Panama, still has more ships registered under its flag than any other. I wonder why? I’m pretty sure the armies of accountants and lawyers that multinational corporations employ can find more than a few of the 188 countries not in the G7 to become friendly, low tax and probably sun-drenched homes.
“FCA: Good advisers have ‘nothing to fear’ from redress scheme”
A firm with whom we work did advise British Steel workers, was as a result given a thorough going-over and thankfully a clean bill of health by the regulator. Then the FCA were themselves given a thorough going-over by MPs and in the press, over their inaction while the bad advice that was given was being given.