Investment provider Hargreaves Lansdown has issued a correction to the London Stock Exchange on the £2.5m remuneration package for its chief executive Chris Hill which was incorrectly reported in its annual accounts.

HMRC is to appeal the ‘discount tax’ ruling on loyalty bonuses won by Hargreaves Landsown which would see around £15m returned to 150,000 investors.

Hargreaves Lansdown has boosted new business and revenue according to its latest trading statement.

A successful legal challenge has been mounted against HM Revenue and Customs by Hargreaves Lansdown which could see £15m returned to investors.