The former HBOS heads who are under probe by the FCA and PRA are considering legal action against the City regulations if they try to ban them from the financial industry. This may threaten the litigations against the former bank managers of the collapsed Bank that needed a £20.5bn taxpayer bailout.
The Public Accounts Committee will probe the £130million 'sweetheart' tax deal between HMRC and Google. The tech giant said, it doesn’t have to pay too much tax to UK.
Four petitions brought to the High Court of Justice seeking to block the natural gas regulations is deemed having no legal basis by the Israel government. Movement for Quality Government in Israel, The Academic Center for Law and Business, and the Zionist Union and Meretz parties is against the idea of having two giant energy companies running a cartel on the Leviathan gas field just off the Israel coast.