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Business quote of the day: “It is a game of cat and mouse and HMRC is losing”

Margaret Hodge advocates naming and shaming of tax avoiders.

Photograph: Getty Images

“It is a game of cat and mouse and HMRC is losing”

Margaret Hodge, chair of the Public Accounts Committee, says the UK tax authorities should name and shame those who sell or buy tax avoidance schemes as the Committee published a report criticising the abilities of HMRC.