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    Sometimes I have to eat my words and I have to say this time, I am pleased to do so.
    This is definitely a step in the right direction and what needs and should be done.
    Although I think they should be named and shamed.

    The Swiss government has agreed to tax money held by UK taxpayers in Swiss bank accounts for the first time, while still hiding their identity.

    The deal could see up to £5bn a year being handed to HMRC by the Swiss authorities.

    The agreement is the latest part of HMRC's efforts to track down and tax money hidden in offshore bank accounts.

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