David Gauke and the government's double standards on corporate tax affairs

This morning David Gauke, who is the Treasury's tax secretary made an announcement on Radio 4 that HMRC was going to be clawing back £500m from Barclays bank over the use of tax scams that the revenue believed to be illegitimate, or going beyond the “intention of parliament”. This is a very welcome announcement, and indeed the first question that springs to mind is, what cuts can we now reverse with this new found money?

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