Live updates

Advertisement

Advertisement

Airbus boss: It's easy for companies to be open with HMRC

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.

– Airbus UK President, Paul Kahn

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 'clarity' is needed over taxing big companies

Boris Johnson says there needs to be more 'clarity' over how much tax big companies are paying.

Load more updates