SubtleBlade ⚔️#PrivateEquity’s #SweetheartDeal with #TaxAuthorities was always a ‘charade’
This costs the #Treasury around £420m a year. That’s enough to pay the salary of 16,000 #nurses.
Documents released to #GoodLawProject show how #NormanLamont and #NigelLawson pushed #InlandRevenue officials to give #PrivateEquityFundManagers #SpecialTreatment.