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Ernst & Young To Pay US Regulators $123m Over Tax Avoidance Schemes

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Ernst & Young has agreed to pay $123m (£82m) in a settlement with criminal prosecutors in the US, admitting that some of its most senior tax partners had been involved in developing, marketing and defending tax avoidance schemes between 1999 and 2004 to dodge taxes worth $2bn faced by about 200 wealthy individuals.

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FTSE 100 report reveals lack of commitment to LGBT diversity

A literature review of all of the FTSE 100’s 2014 Annual Reports reveals that the UK’s largest listed companies are failing to effectively communicate their engagement with the issue of lesbian, gay, bisexual and transgender (LGBT) inclusion, most comprehensively overlooking transgender staff.