Last month, the group said it was cutting 865 jobs as part of plans to restructure the business.

Mary Aiston, director of the counter avoidance directorate at HMRC, says that it has become harder for tax avoidance promoters to operate and around 20 have left the sector. Meanwhile, the government recently consulted on new laws to strengthen HMRC's ability to...

Mr Lee's son, Lee Jae-yong, has served jail time for his role in a bribery scandal which triggered the ousting of then-President Park Geun-hye from office in 2017. Last month, prosecutors laid fresh charges against him over his role in a 2015 merger deal.

In a letter to the Sunday Times, David Wells, the group's chief executive, urged the PM to work towards a deal.

By Justin HarperBusiness reporter, BBC Newsimage copyrightGetty Imagesimage captionThe company is aiming to boost its share of motorbike sales in AsiaBritish-bred Royal Enfield is expanding aggressively as it aims to tap into the world's biggest motorbike-buying...

"We cannot operate under tier two effectively, it's impossible," he says. Lee's in the process of number-crunching with his accountant, to see if the changes to the Job Support Scheme (JSS), which were announced by Chancellor Rishi Sunak on Thursday to help protect...