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Cameron: 'We need greater transparency over tax'

Labour MP Dennis Skinner said in the House of Commons yesterday that it was "gruesome" for the Prime Minister to be "heading out of austerity-riddled Britain to wine and dine at Davos with 50 top bankers who helped to create the economic crash, several hundred tax avoiding millionaires".

Responding in the Commons, David Cameron said:

To be fair, I think when you see the speech I'm going to be making in Davos, in which I will be arguing we need greater transparency over tax, we need greater responsibility over the tax avoidance and tax evasion issues, we need greater transparency about companies and the land issue.

You may even find there are some things I'm going to say you might agree with.

– David Cameron

Cameron to call for tax evasion crackdown

David Cameron will call for greater international cooperation on tax evasion in a speech to the World Economic Forum at Davos.

David Cameron will make a speech on tax evasion at Davos today. Credit: Alastair Grant/PA Wire

The Prime Minister will urge leaders to work together and tackle tax evasion by multi-national companies and the super-rich.

Mr Cameron will make the issue a key focus during Britain's presidency of the G8 leading economic powers.

A Downing Street spokesman said he would not be talking about Europe in the wake of his landmark promise of a referendum.

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