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Starbucks hit by tax protests

Coffee chain Starbucks has been hit by protests at branches across the country over its tax arrangements, despite announcing changes to its payments. Dozens of activists chanted "pay your tax" and waved placards and banners outside a London branch.

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JPMorgan: 'Employee trust has always been transparent'

A spokesman for JPMorgan, who are close to a settlement with the Government over a tax-avoidance scheme, told the Financial Times:

Our employee trust has always been transparent ... and its independent trustee has consistently paid taxes in accordance with UK tax law.

– JPMorgan spokesman

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