A total of £72.1 billion in tax was paid to HMRC by the industry, a 1% increase from 2015.Read the full story ›
Cristiano Ronaldo tells Spanish media he might seek a return to England after growing frustration over an investigation into his tax returnsRead the full story ›
The Treasury committee have said the government's plans for a new electronic tax system for business could be disastrous.Read the full story ›
Chancellor unveils crackdown on international tax dodging in what he describes as a bid to 'lift the veil of secrecy' criminals hide behind.Read the full story ›
Facebook is set to pay millions of pounds more in tax in the UK after making substantial changes to its corporate structure.Read the full story ›
The Scottish Labour leader has announced a 1p income tax rise for earners in all bands - just three months before the Holyrood elections.Read the full story ›
As a European investigation looms over Google's £130m deal with the Treasury, the president of Airbus UK, Paul Kahn told ITV News Business Editor Joel Hills that issues surrounding the tax affairs of multinationals is a matter of concern.
He said it was easy for businesses to be "straightforward and open" but when pressed on companies that are not, he said: "I couldn't possibly comment on that."
It's very easy to play in a very straightforward and open manner with governments including in the UK with HMRC.
Chancellor George Osborne visited the Airbus factory in Bristol on Thursday, as he announced the sale of the government's final stake in Lloyds Banking Group was being postponed because of the current turbulence in global financial markets.
Watch Joel Hills' report:
Boris Johnson says there needs to be more 'clarity' over how much tax big companies are paying.