Millions of pounds in tax relief given to celebrities over a scheme to start economic growth in deprived areas is being clawed back by the HMRC.

Wayne Rooney, Arsene Wenger, Jimmy Carr and Rick Parfitt were among 675 people who invested £79 million in 2011 but got back £131m in relief - or £50 million "tax profit", the BBC reported.

Household names involved include Kenny Dalglish, Roy Hodgson, Terry Venables, Marouane Fellaini, Lady Elizabeth-Ann Redgrave, Arsene Wenger, Oscar-nominated producer of Harry Potter films and Gravity, David Heyman, and co-owner of T in the Park and V Festival, Simon M...