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
Corporate governance in the United Kingdom Corporate governance in the United Kingdom UK corporate governance has influenced corporate governance regulation in the European Union and United States. A detailed analysis of several UK corporate governance reports, in particular revealed that the UK has been able to influence US corporate governance regulation (Sarbanes-Oxley Act 2002 [SOA] on “Corporate Responsibility”, enacted by the Senate and House of Representatives of the United States of America). In return, through SOA the US is influencing and accelerating the development of an EU wide governance regulation. “The Commission has expressed serious concerns over the [US] measures put forward, in particular the unnecessary