Politics 5 February 2013 "There is not some magic bullet" Business quote of the day. Print HTML Mike Williams, head of business and international tax, told the House of Lords economic affairs committee yesterday. "There is not some magic bullet where the profits currently in a tax haven or an area with sub-5 per cent tax automatically go back to where they were generated." › The Lib Dems moved on from Huhne a long time ago Photograph: Getty Images Subscribe More Related articles Chinese loan sharks are using nudes as collateral. Is this the grim future of revenge porn? Tea Leavers and Champagne for Remain: what your shopping basket says about your EU stance “I’m a big boy”: What happened when MPs grilled Philip Green about the BHS scandal?