hide message

Welcome to the Resource Centre

We make it our mission to work with advocates in civil society, business and government to address inequalities of power, seek remedy for abuse, and ensure protection of people and planet.

Both companies and impacted communities thank us for the resources and support we provide.

This is only possible because of your support. Please make a donation today.

Thank you,
Phil Bloomer, Executive Director

Donate now hide message

UK: Barclays closes controversial tax avoidance unit

Get RSS feed of these results

All components of this story

24 January 2013

Tax avoidance - an introduction

Author: compiled by Business & Human Rights Resource Centre

Read the full post here

9 February 2013

Barclays closes controversial tax avoidance unit [UK]

Author: Jill Treanor, Guardian [UK]

The new chief executive of Barclays is to close the bank's controversial tax avoidance unit in a bid to repair its battered reputation…Antony Jenkins…will announce on…that the tax planning part of the structured capital markets (SCM) division – which has been accused of orchestrating tax avoidance on an "industrial scale" and has generated vast profits for the bank – is to be axed. The tax planning operation is one of several areas that have put been under review by Jenkins to assess if the bank's businesses are ethical and not just profitable. While Barclays will continue to offer straightforward tax planning to customers, it will pledge to no longer devise schemes purely intended for this purpose.

🚫Read the full post here