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Seven major investment banks paid little or no tax in UK in 2014

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Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows.

London

SEVEN of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows.

In recent months, the seven banks reported figures showing they paid a