HMRC failed to prosecute tycoon over tax evasion

New documents obtained by the BBC show that Her Majesty's Revenue and Customs failed to prosecute a wealthy businessman who had not paid a single penny in tax for over two decades.

Property investor Paul Bloomfield's fortune was estimated at £60m in 2006, but the documents reveal that he did not file a tax return for 24 years.

HMRC would not comment on his specific case, but said it considered many factors when deciding what action to take.

Richard Bilton reports.