Taking on the tax havens

Chris Jordan, a tax justice campaigner at Action Aid, writes about taking on the tax havens.

Austerity? Five HSBC fat cats share £35 million

New figures show HSBC’s top earner raked in £8.4 million, while 180 UK staff pocketed bonuses averaging £600,000, and HSBC paid just £236 million in UK corporation tax last year – despite doubling its profits to £11.8billion.