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Taxpayers on hook for £68bn of coronavirus loans

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Taxpayer backed staggering £68.2bn in emergency loans to keep businesses afloat through pandemic By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 January 2021 | Updated: 21:50 GMT, 1 January 2021 The taxpayer has backed a staggering £68.2billion in emergency loans to keep businesses afloat through the Covid-19 pandemic.  The Treasury’s lifeline loan … Read more

How the brothers buying Asda for £6.8bn ring up a minuscule tax bill

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The new owners of Asda have built a business empire fuelled by billions of pounds of debt, low tax bills and links to a string of global tax havens including Jersey and the Cayman Islands. Blackburn-based brothers Mohsin and Zuber Issa on Friday sealed a £6.8billion deal with their private equity backers TDR to buy … Read more