David Cameron has not gone far enough to counter the abuse of UK tax havens, Christian Aid said yesterday (11 April 2016) after the Prime Minister announced that most UK Overseas Territories and Crown Dependencies will create central registers of companies’ beneficial owners.
International development agency Christian Aid has launched a new framework outlining one of its ‘priority approaches’ to tackling poverty – building the resilience of women, men and children in poor and marginalised communities.
Christian Aid has warned that unless the European Union takes greater action in response to the scale of the refugee crisis, more people will risk their lives in order to leave Greece, where some 40,000 people are currently stranded.
Christian Aid has welcomed the commitments that were made last week by the UK, Germany, France and others to increase humanitarian support for Syrians and the region. However the charity added that real relief will only happen when the bombs stop.
George Osborne’s announcement that multinationals should have to publish currently secret information about their global affairs could hail a tremendous breakthrough in the war against tax dodging, Christian Aid said yesterday.
New European Commission proposals, intended to curb Google-style tax avoidance by multinationals, do not go far enough in helping developing countries keep track of, and tax, the financial manoeuvring of major international companies operating within their borders, warns Christian Aid.