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Billionaire brothers lose £1.25bn tax case against HMRC

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The billionaire Barclay brothers have lost a legal battle with HM Revenue & Customs, after the supreme court ruled that they are not owed £1.25bn related to tax overpayments. The UK’s highest court ruled on Wednesday that HMRC should not have to repay Littlewoods, the retailer owned Frederick and David…

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Click here to read the full story: The Guardian

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