Search Results for: National Audit Office
The global reset scam
November 20th, 2020
This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time. Instead, the ...
Bank of England responds following Deputy Governon resignation
March 14th, 2017
Following the voluntarily resignation of the Deputy Governor Markets & Banking and Chief Operating Officer Charlotte Hogg, yesterday, due to conflict of interest and the acceptance of her resignation, the Bank of England has just published an announcement. According the ...
Brexit: All you need to know for UK’s EU referendum
June 13th, 2016
What is happening? A referendum is being held on Thursday, 23 June to decide whether Britain should leave or remain in the European Union. This article is designed to be an easy-to-understand guide – if you have any questions ...
UK tax avoidance: Google looks ‘to pay three times more tax’ in France than in UK
January 26th, 2016
Google is said to be negotiating a tax settlement with France worth three times more than it paid the British Exchequer even though it employs thousands more staff in the UK. The UK arm generates about three times as ...
HMRC: Lin Homer to step down as HMRC CEO in April
January 12th, 2016
Lin Homer has announced today that she is to leave HM Revenue and Customs (HMRC) in April, after more than four years as Chief Executive and Permanent Secretary and a public service career spanning 36 years. Lin Homer joined HMRC in ...
Chief legal ombudsman quits after accounts probe
November 19th, 2014
The chief legal ombudsman has resigned from his £161,000 post following a dispute in relation to the unpublished annual accounts of the complaints service. A spokesman for the ombudsman’s office said this morning: ‘We can confirm that Adam Sampson ...
Galaxy Securities Says Staff Cooperating With Authorities
September 22nd, 2014
China Galaxy Securities Co. the top underwriter of Chinese corporate debt in 2011, said three employees were directed to cooperate with the nation’s judicial authority on matters the firm didn’t specify. Dai Xu, chief officer of the Beijing-based company’s ...
HMRC plans to break up multi-billion IT contract
September 1st, 2014
A plan by HMRC to split its multi-billion pound IT contract into smaller parts may worsen the service, the Public and Commercial Services (PCS) Union has said. The Times reported this week that the tax department is planning to ...
MPs grill HMRC over accounts and new powers
July 18th, 2014
HMRC’s chief executive, Lin Homer, has told MPs that it will let the National Audit Office check its forecasts for tax collection after it miscalculated figures by £1.9bn a year. Homer and other HMRC board directors also told MPs ...
China Finds $15B of Loans Backed by Falsified Gold Trades
June 26th, 2014
China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Twenty-five bullion processors made a combined profit of more than 900 million yuan ...
