This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/go/rss/int/news/-/news/uk-11918873
The article has changed 6 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Topshop's flagship London store hit by tax protest | Topshop's flagship London store hit by tax protest |
(40 minutes later) | |
Campaigners protesting against big business tax avoidance have taken over Topshop's flagship branch and forced it to close temporarily. | |
Activists targeted the Oxford Street store in London and other UK branches, including Glasgow and Birmingham. | Activists targeted the Oxford Street store in London and other UK branches, including Glasgow and Birmingham. |
The London protest started at 1100 GMT when protesters started blowing whistles and chanting. | The London protest started at 1100 GMT when protesters started blowing whistles and chanting. |
Topshop boss Sir Philip Green has been criticised because his wife, the firm's direct owner, lives in a tax haven. | Topshop boss Sir Philip Green has been criticised because his wife, the firm's direct owner, lives in a tax haven. |
No-one from Topshop's parent company Arcadia was available for comment. | No-one from Topshop's parent company Arcadia was available for comment. |
'Direct action' | 'Direct action' |
Protest organisers UK Uncut have been providing updates on Twitter where they claim more stores were forced to shut for a time. | |
Campaigners were forcibly removed from the Oxford Street branch by private security guards and police. | |
In Birmingham, a protest at Topshop's store in the Bullring lasted 30 minutes, before campaigners were ejected by security guards. | |
Police in Brighton made 14 arrests in the city's Topshop, where protesters glued themselves to the store's windows. | |
Topshop owner Sir Philip is one of the UK's most successful retailers. | Topshop owner Sir Philip is one of the UK's most successful retailers. |
With a personal fortune of more than £4bn, he owns the Arcadia Group, whose fashion chains include Topshop, Burton, Dorothy Perkins, Evans and Miss Selfridge. | With a personal fortune of more than £4bn, he owns the Arcadia Group, whose fashion chains include Topshop, Burton, Dorothy Perkins, Evans and Miss Selfridge. |
His wife Tina is the direct owner of Arcadia, and she is officially a resident of Monaco. This enabled her to gain a tax-free £1.2bn dividend in 2005. | His wife Tina is the direct owner of Arcadia, and she is officially a resident of Monaco. This enabled her to gain a tax-free £1.2bn dividend in 2005. |
Speaking in August about the tax status of his wife, Sir Philip told the BBC: "My wife's not a tax exile - my family do not live in the United Kingdom, it's somewhat different. | |
"We do pay all our tax in Britain. I think we have paid over the last five years some £300-400m in taxes on profits that have been made on our company. | |
"I'm a UK taxpayer, I work here every week, we employ 45,000 people in the UK and we have got a £500m payroll." | |
Earlier this year, Sir Philip was appointed by the government to look into Whitehall efficiency and he produced a report which described "staggering" wastage. | |
Other companies | |
UK Uncut says it organised action in 23 towns and cities on Saturday, with Arcadia its main target, along with other companies such as Boots, HSBC, Barclays and Vodafone. | |
Activist Benjamin Neem, 30, said: "Philip Green is a multi-billionaire tax avoider, and yet is regarded by David Cameron as an appropriate man to advise the government on austerity. | |
"His missing millions need to be reclaimed and invested into public services, not into his wife's bank account." | |
Rebecca Davies, 32, said reclaiming unpaid tax was an alternative to the government's planned cuts. | |
"The tax gap in the UK is an estimated £120bn, £25bn of this down to tax avoidance by extremely wealthy individuals and big business, while the government is barely lifting a finger to stop it," she said. | |
Saturday's action follows similar protests in October when UK Uncut picketed entrances to Vodafone, which has also been accused of avoiding tax payments. |