Cable vows action on 'tax abuse'

Updated
Vince Cable
Vince Cable

The Government is ready to take action on "systematic abuse" of the tax system carried out by multi-national companies to keep their payments down, Business Secretary Vince Cable has said.


Mr Cable said reports of the low tax bills paid in the UK by highly profitable multi-nationals were "deeply angering" British companies and the Government wanted to "get a grip" on the situation.
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