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The only thing HMRC can't seem to lose is its poor reputation

Business Diary: The taxman has always been an easy target for jokes at financial services gatherings but the loss of two discs containing personal data on 25 million people last year has opened HM Revenue & Customs up to further ridicule.

The taxman has always been an easy target for jokes at financial services gatherings but the loss of two discs containing personal data on 25 million people last year has opened HM Revenue & Customs up to further ridicule.