Home | Thursday 2nd December 2010 | Issue 750
PHIL YER BOOTS
Many a tax-dodging corporate bigwig must have been relieved when protests hit Vodafone stores nationwide recently (see SchNEWS 746)- because it wasn’t their company with angry members of the public sitting across their doorways. Well, it’s not over yet!
UK Uncut have announced a new target: Sir Philip Green, billionaire boss of Arcadia, who own Topshop, Dorothy Perkins and Miss Selfridge among others. Arcadia is owned by Taveta Investments Limited, which is registered to an office on the tax-haven island of Jersey. Taveta Investments is owned by Green’s family members living in Monaco, where income tax is 0%. It’s estimated Green avoided paying £285million in tax in 2005 alone.
*Protests are due to begin this Saturday (4th). See www.ukuncut.org.uk