Following our article under the headline "HSBC Swiss leaks: Who's who in the great tax avoidance scam?" (9 February), we now accept that Phil Collins is not involved whatsoever in any tax evasion or avoidance scam with HSBC. We sincerely and unreservedly apologise to Mr Collins for any offence or embarrassment caused.

We have agreed to make a donation to the charity of Mr Collins' choice, Save the Children.

HSBC