Tag: David CameronDavid Cameron
People using tax havens have deprived governments worldwide of £100 billion in revenue, enough to end extreme poverty twice over, according to new figures published by Oxfam. The total amount of lost tax revenue is far higher than £100 billion, as the figure only includes tax dodged by individuals, and not companies.
Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful.
Prime Minister David Cameron has urged British overseas territories to get their house in order and sign up to international treaties on tax. He wrote to 10 territories and crown dependencies, including the Cayman Islands and the Isle of Man, which operate low-tax regimes.
A total of 114 Conservative MPs have backed an amendment to the Queen's Speech expressing regret an EU referendum bill was not part of the government's agenda for the year ahead. Euro-sceptic Tories forced the vote as part of efforts to make Prime Minister David Cameron's pledge for a poll in 2017 binding.
By PM David Cameron - The Wall Street Journal - Britain and America have a proud history of working together to meet the great challenges of the day. Ours is a partnership without parallel, rooted in our values of freedom and enterprise—advancing not just Britain’s and America’s interests but the good of people around the world.
The following article by Neil Gardiner (*) was published by The Telegraph - The British prime minister jets into Washington this weekend, for a meeting with President Obama at the White House on Monday. As I noted in a piece earlier this week, this is an opportunity for David Cameron to look like a statesman, not a cheerleader. His last visit to Washington was an embarrassment, with the British leader fawning all over the most left-wing and anti-British president of modern times, even de facto endorsing Obama for a second term as president.
Falklands/Gibraltar: Queen reaffirms protection and self determination of British Overseas Territories
Britain reaffirmed on Wednesday that it will ensure and protect the right to the Falkland Islanders and Gibraltarians to determine their political futures. The strong message was included in HM Queen Elizabeth traditional annual address to Parliament setting out the legislative program for the government of PM David Cameron.
Italy’s ‘Pepe’ Grillo protest syndrome emerged in British local elections. The anti-European Union UK Independence Party made sweeping gains in these elections, siphoning support from British Prime Minister David Cameron's Conservatives in a vote that exposed a threat to his re-election chances in 2015.
Britain has avoided falling into its third recession since the 2008 global financial crisis, after the economy grew by a better-than-expected 0.3% in the first quarter of 2013 compared with the final three months of last year, official data showed on Thursday.
Britain's credit standing took a further blow when Fitch Ratings became the second major international agency to strip the country of its top-notch credit rating. The move is an embarrassment for the Conservative-led government which promised to protect the country's rating when it took power in 2010, and will heighten the debate about whether austerity is still the right approach.