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Members of Take That invested at least £26 million in a scheme that Revenue & Customs told The Times is a mechanism for tax avoidance. Gary Barlow, Howard Donald, Mark Owen and their manager, Jonathan Wild, are among almost 1,000 people who contributed £480 million to 62 partnerships in music industry investment schemes that serve as tax shelters for high-net-worth individuals. In response to The Times’s investigation, the Revenue told this newspaper that it believes that the partnerships are designed to avoid tax. Revenue officials will try to close the partnerships’ structure at a tax tribunal in November. The members of Take That, the world’s most successful touring band, and other investors in the partnerships run by a company called Icebreaker Management Services will have to pay back millions of pounds if the Revenue wins. “We have taken f
Julian Assange, the WikiLeaks founder, was seeking political asylum inside the Ecuadorian Embassy in London last night, days after the Supreme Court dismissed his attempt to reopen his appeal against extradition to Sweden over alleged sex crimes. Mr Assange was said to have walked into the Embassy in Knightsbridge earlier in the day. He requested political asylum from the Ecuadorian Government under the United Nations Human Rights Declaration after writing to President Correa saying that he was being persecuted. He will now remain under its protection until Ecuador has decided whether to grant his request, Ricardo Patino, the Foreign Minister, said. The Supreme Court has given him until June 28 to ask Strasbourg to consider his case on the basis that he has not had a fair hearing from the British courts. It would then have been for the European Court t
David Cameron was embroiled in a diplomatic bust-up with the President of Argentina about the Falklands yesterday as he refused to accept an envelope thrust at him by Cristina Fernández de Kirchner. The Prime Minister believed that Mrs Kirchner was pulling a stunt and walked away from their confrontation after stressing repeatedly that the Falkland islanders had a right to self-determination. The details of their diplomatic spat emerged from British officials who said the envelope wielded by Mrs Kirchner was A4 size and “stuffed full” of documents. It bore the word “Malvinas” on the outside. British suspicions were aroused in part because one of Mrs Kirchner’s officials appeared to be filming the confrontation. Mr Cameron and Mrs Kirchner had planned to meet unofficially in the margins of the G20 summit in Mexico to talk about the islands. But the tone of
Naked celebrities? He’s seen them all and coloured them chestnut
Rising poverty means tale of Eleanor Rigby is getting all too common
Though Burma’s reforms remain uncertain, Aung San Suu Kyi will never cease to be an example of heroism, dignity and self-sacrifice in the cause of liberty
The Government’s reforms of the Civil Service are welcome as far as they go
Saving the world is exasperating but possible
The parents of 14-year-old Fiona Geraghty said she developed bulimia and suffered “self-loathing” as a result of being bullied
The German Chancellor is ready to allow the eurozone’s £600 billion bailout funds to start buying up government debt
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A man with “locked-in syndrome” told judges that if they rule he cannot die they are condemning him to a “life of increasing misery”
An unusual drought on the Isle of Mull has forced its only distillery to stop production for the first time in almost 20 years
The Leveson Inquiry has become the inspiration for the next series of the political satire The Thick of It, its creator Armando Iannucci said
Sir Jeremy Heywood and Sir Bob Kerslake published plans to make Whitehall more businesslike and to sack poor performers
Muslim Brotherhood supporters demonstrate in Tahrir Square against the Army’s power grab
Russia has put 300 marines on standby for what is believed to be a planned evacuation of about 10,000 of its citizens from Syria
Luka Magnotta, 29, is accused of the gruesome murder of Lin Jun, a Chinese student, who was stabbed to death and dismembered
The US drugstore chain is buying a 45 per cent stake in Alliance Boots with the option to buy the remaining stake by 2015
The landmark sale of a 318-branch business carved out from RBS’s existing network to Grupo Santander has been hit by fresh delays
The retailer reveals that booming sales of the iPad have helped increase the market value of its owner Home Retail Group by almost a quarter
Ryanair says it will offer €1.30 a share for Aer Lingus in a deal that would value the Irish flag carrier at €694 million
Striker’s second-half goal took England through to a European Championship quarter-final meeting with Italy in Kiev on Sunday
A one-day match involving West Indies and enacted before a large crowd cannot be a sombre affair for long when Chris Gayle is lofting sixes
We feared Frankel had exhausted all superlatives but his astonishing exhibition at Royal Ascot demanded a new thesaurus
How we need to use the power of advertising for environmental issues
Duchess dons wellies for a taste of the great outdoors
Manchester United striker marks his return from suspension by scoring the goal that sets up quarter-final meeting with Italy on Sunday
Roy Hodgson’s team can win the European Championship defending deep and inviting pressure from their opponents, writes Tony Cascarino
France qualified for the Euro 2012 quarter-finals as group D runners-up despite succumbing to a 2-0 defeat against Sweden
Italy and Mario Balotelli’s unpredictable brilliance stands in the way of England and a place in the semi-finals of Euro 2012
Turner, Monet, Cy Twombly: from different eras and schools but they make an unmissable show
A first peep at this show could be enough to put off all but the most determined. But, go in. It really is worth persisting
As Perry concluded his tour of taste with the upper classes, he seemed slightly suspicious of the more risqué toffs