Taxman hands Goldman Sachs £10m?

Adrian Holliday

MPs will grill Inland Revenue boss Dave Hartnett today about an HMRC deal that, it appears, let Goldman Sachs avoid paying £10m in interest payments on a collapsed tax avoidance plan. This plan was designed to conceal, it's thought, the scale of Goldman bonuses. Hartnett personally okayed the deal with the Wall Street bank, headed by Lloyd Blankfein (pictured), in December.