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UK Government Powers To Confiscate Deposits Faces Backlash

from Gold Core:

Last week, we covered the very under reported but important story about how the UK government now has powers to raid banks accounts and confiscate deposits.

On Saturday the Financial Times covered the story and the fact that the hitherto unnoticed measures are now facing scrutiny and a backlash.

“George Osborne is facing a backlash over plans to give HM Revenue & Customs unprecedented powers to dip into taxpayers’ bank accounts to seize unpaid tax debts,” according to the FT.

Read More @ GoldCore.com

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