UK Uncut originally found liable for £6 billion, but negotiated the amount to be paid down to under £2 billion. However, the National Audit Office said that the settlement represented reasonable value for the British taxpayer. The Arcadia Group's shops including Topshop, BHS, and Burton have been targeted as the group is owned by Tina Green, the wife of Sir Phillip Green. Tina Green is a resident of Monaco and was able to receive a dividend of £1.2bn from the group free of UK income tax in 2005. Boots was targeted on 30 January 2011 as the protesters claimed it avoided UK
UK Corporate Governance Code UK Corporate Governance Code The UK Corporate Governance code (from here on referred to as "the Code") is a part of UK company law with a set of principles of good corporate governance aimed at companies listed on the London Stock Exchange. It is overseen by the Financial Reporting Council and its importance derives from the Financial Conduct Authority's Listing Rules. The Listing Rules themselves are given statutory authority under the Financial Services and Markets Act 2000 and require that public listed companies disclose how they have complied with the code, and explain where they have not applied the code