Lord Mayor of London Michael Oliver, on an official visit to South Africa, told the FT Britain was one of the slowest countries to react to requests for help from overseas authorities.
While on his visit, Oliver was told that police officers and bank financial regulators in Johannesburg had to wait months, and in one case two years for help from UK authorities.
He now plans to write to home secretary David Blunkett to seek assurances that ‘the government will do all it can to remove any delays in the system’.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements