Top UK shareholder urges Google to pay ‘decent’ tax rate

I don’t believe that for one moment.

The Islington North MP, who was elected Labour leader last summer, will address the 132nd Gala on Saturday, July 9.

The news comes as a Sky News poll showed the majority of people questioned did not think Britain’s deal was the “major success” Mr Osborne has claimed.

“Most stuff at Prime Minister’s Questions is rehearsed, so my charge against David Cameron is not just that he’s describing people in pretty disgusting terms but he’s doing it deliberately…I think this is calculated, I think this is much worse”.

“We have put in place the diverted profits tax that means that this company and other companies will pay more tax in future”. “We had a situation under Labour where these companies were paying no tax”.

He said the coalition had raised £100 billion extra from business in the last parliament by closing loopholes.

Downing Street has insisted the £130 million settlement covering the last 10 years was a “good deal” while HM Revenue and Customs (HMRC) said it was collecting the “full tax due in law”. “This was an open discussion about economics, about how we invest, how we have a government that works for everybody and not the few, and about how we do have a developing manufacturing sector in Britain”, the Labour leader said. You can get him at JP Morgan.

Earlier, Mr Cameron had told Mr Corbyn: “All those people filling in their tax returns are going to be paying lower taxes under this Government, that is what’s happening”.

The Labour leader called on Cameron to let unaccompanied children escape the Calais camps and come to the UK.

Former Labour leadership hopeful Yvette Cooper asked the Prime Minister to withdraw his comments, which were made in response to Labour leader Jeremy Corbyn’s visit to the makeshift Calais camp known as the Jungle.

Mr Khan tackled Mr Cameron’s attack head on, telling the Standard: “I’m shocked that the Prime Minister described Londoners as “rats”.

“The shadow chancellor’s pointing – the idea that those two right honourable gentlemen would stand up to anyone in this regard is laughable”. They met with the unions and they gave them flying pickets. They met the Argentinians; they gave them the Falkland Islands.

“They met with a bunch of migrants in Calais, they said they could all come to Britain”.

“On the one hand people say, “Oh God, all politicians they sound the same, they sound like they’ve been schooled and they are trotting out the lines”.

HMRC is still refusing to say how the £130m was calculated, whether it includes any fines or interest, and what effective rate of tax Google has ended up paying, citing taxpayer confidentiality.

“What do you say to Jeff?” he asked.

He said the Government was making up for lax rules under Labour and laid the blame lay squarely with Tony Blair, Gordon Brown and Alistair Darling, who allowed it to pay “zero percent”. It refers to stories in Italian media that suggest Google will pay £113m in back taxes to the Italian government.

She also said Cameron and other ministers should disclose whether tax was discussed in their meetings with Google.