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Political Fix

The latest Google tax saga and how Jeremy Corbyn is helping Ukip

Political Fix

Financial Times

News, Politics, News & Politics

4.21.2K Ratings

🗓️ 30 January 2016

⏱️ 25 minutes

🧾️ Download transcript

Summary

John Gapper, Vanessa Houlder and Janan Ganesh of the Financial Times, plus Ayesha Hazarika , discuss the latest developments in Westminster this week — including the political fallout of Google's £130m tax bill: was it a big success or a giveaway? — and whether Labour is losing its working class voters under Jeremy Corbyn's leadership. Presented by George Parker, political editor.

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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank.

0:25.0

They are city.

0:27.0

Learn more at city.com slash we are city. City.

0:37.0

Welcome to F.T. Politics, a weekly podcast on British politics from the Financial Times.

0:42.8

I'm George Parker, the F.T's political editor,

0:45.3

and this week we're going to be discussing the political fallout

0:48.2

of the Google Tax Saga, and also taking a look at whether Labour under Jeremy

0:52.2

Corbyn is losing touch with its working-class voters.

0:55.6

I'm delighted to be joined by John Gapper, our chief business commentator, and Vanessa Holder,

1:01.2

our tax correspondent to look at the implication of Google's

1:04.5

130 million-pound tax bill. Later we're here from Janan Ganesh, our political

1:09.6

commentator and Aiecesha Hazarika, a former advisor to Harriet Harmon and an expert on the Labour Party.

1:16.2

But first, was Google's 130 million pound tax deal with H.M. Revenue and Customs a major

1:21.8

success, as George Osborne claimed or just a step

1:25.3

forward as number 10 preferred. John Gapper if I could start with you do you think

1:30.5

this deal heralded the start of an era where big footloose corporations will start to pay more tax in the places they do business?

1:37.0

Well, I think Google certainly saw it as being very significant, wanted it to be seen as very significant, they'd been audited by

...

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