Business quote of the day: "Companies would get round it"

KPMG has little time for the Chancellor's plans to clamp down on tax avoidance.

This would just replace one set of complicated rules with another and companies would get round it.

Chris Morgan, head of tax policy at Big Four accountancy firm KPMG, casts doubt on plans from the chancellor to make the tax system more transparent and close a tax loophole known as “unitary” taxation. The move follows G20 finance ministers pledging to crack down on tax avoidance by multinational companies.

Osborne. Photograph: Getty Images

Helen Roxburgh is the online editor of Economia

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Brexit campaign publishes private phone numbers of Eurosceptic rivals

Leave.EU hate the EU and hate Vote Leave who also hate the EU. What could go wrong?

Remember Leave.EU? Not to be confused with Vote Leave, which is the pro-Brexit group led by one of the former mayors with Hitler tourettes, or with Grassroots Out, which was the group with the neon green ties, or with UKIP. Even though Grassroots Out, UKIP and Leave.EU are all funded by Arron Banks, a multi-millionaire with interests in the British Virgin Islands who lives in a mansion once owned by the prog rock musician Mike Oldfield. Glad that’s all clear.

Anyway, Leave.EU still exists, even after Vote Leave was designated as the official Leave campaign – spending more of its time attacking the conduct, tactics and key figures of Vote Leave rather than, you know, that big EU thing they’re supposed to hate so much.

One of their main sources of frustration is Vote Leave’s refusal to have UKIP leader Nigel Farage as its representative in any of the EU debates. So, obviously, rather than pressing their case through normal channels, Leave.EU did what any respectable organisation would, and emailed the private phone numbers of senior figures at the BBC and Vote Leave out to its entire mailing list.

Which, needless to say, upset those people. Douglas Carswell sent a message asking for his number to be removed, so of course Leave.EU published that too.

No wonder the Brexiters are so opposed to international cooperation when they can’t even keep the peace on their own side. 

I'm a mole, innit.