Littlewoods victory in UK VAT compound interest case could cost HMRC billions Salman Shaheen March 31 2014 X LinkedIn Email Show more sharing options Copy Link URLCopied! Print X LinkedIn Email Littlewoods, the retailer, has been successful in a case concerning VAT compound interest worth £1.2 billion ($2 billion). Unlock this content. The content you are trying to view is exclusive to our subscribers. To unlock this content: Take a Free Trial or Login