ADVISORS have been called in help the owners of Lotus look into the car-maker’s possible sale.
KPMG has been hired by Lotus’ Malaysian owner DRB-Hicom, said local MP Richard Bacon in the House of Commons on Tuesday, reports the Telegraph.
Lotus said that some of the facts within Bacon’s comments were “innacurate”.
DRB-Hicom took over Lotus’ parent company Proton earlier this year.
The tax HMRC expects is underpaid by large companies through “transfer pricing” has risen by 60%
The chancellor has “missed an opportunity” to restore business confidence and encourage UK investment, said Mazars
Hammond “builds for Brexit” with a £27bn “shock absorber”, but the papers raise concerns about the higher borrowing
The last six years offer “no hope” for the future, said John McDonnell in response to chancellor Philip Hammond's Autumn Statement