Business secretary demands to know whether there has been proper vigilance and why there have been so few prosecutions for tax evasion
George Osborne is facing growing pressure over the HSBC scandal after Vince Cable challenged the chancellor to answer a series of questions over whether he has shown proper vigilance towards inquiries into the bank’s Swiss subsidiaries.
The business secretary said that he had written to Osborne to ensure that the “various inquiries” into HMRC have been followed through properly.
