PracticeConsultingNews in brief.

News in brief.

Customs has lost the last round of a six-year court battle against financial outsourcing company FDR in a decision experts say has significant implications for the banking industry. The House of Lords refused Customs leave to appeal a decision that allowed FDR to provide services to banks free of VAT. The company was represented by Ernst & Young.

For the full story, see www.accountancyage.com/News/1122036.

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