David Cameron's Davos keynote speech targets tax avoiders
Source: The Guardian
David Cameron has said trade, tax and transparency will be the three themes of Britain's presidency of the G8 this year.
Speaking at the World Economic Forum in Davos, the prime minister strongly attacked companies that avoid paying their fair share of tax and which indulge in corrupt business practices in poor countries.
Cameron said aggressive tax avoidance meant fewer resources for public services and delivered a sideswipe at the coffee giant Starbucks, which has been under attack since revealing it pays little corporation tax in the UK.
"Companies need to wake up and smell the coffee, because the customers who buy from them have had enough," the prime minister said.