Staffing Shirebrook alone was worth £50m a year to these two companies, estimate the MPs. Some people were making a lot of money from the degradation of others.
Err, no, not really.
The vast majority of that £50 million was the wages paid to the temp staff. For that is the turnover, not the profit. Thus the actual phrase should be that the tempt staff were masking near £50 million a year….
And this is fun too:
Blair bestowed that honour despite Green having engineered the payment of a £1.3bn dividend to his wife, Tina, in the tax haven of Monaco – a historic handout that avoided around £300m in taxes. The tax savings on that one payout were worth 10 large secondary schools
Where the the avoidance in a foreigner living in foreign not paying British taxes? BHS had already paid corporation tax (oh yes it did!) so, err?