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Claudius You can have all the lawyers you want but when you have emails literally saying "pay us the money you're not allowed to pay us through entity X so they won't find out", I really don't know why that should matter. A monkey should be able to win the case against City. Then again it's the UK so anything is possible I guess.
As a lawyer myself, I've taken some borderline shameful positions in my career. But reading those City arguments I truly wonder how anyone can make those statements without blinking or bursting out laughing. It's just next level clutching at straws on a level that is too childish even for a high school moot court. "Others are in London and can charge higher ticket prices and that's super unfair so I must be allowed to pump unlimited money in from the Gulf"? Jesus...