Tax the 'Vultures' Says Woodley ; Tax

Summary


A leading UK critic of the private equity industry has slammed reports that new Chancellor Alistair Darling has no plans to clamp down on tax privileges it enjoys.

Speaking in Brighton, general secretary Tony Woodley told the T&G section of umbrella union Unite that it was both "disappointing and wrong" that Mr Darling had decided to let private equity companies continue to "exploit tax loopholes, and for their already rich leaders to keep getting richer".

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Tax the 'Vultures' Says Woodley ; Tax

Mr Woodley, who is...

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