Cameron secures tax evasion agreement ahead of G8

David Cameron has secured an agreement from Britain's network of overseas territories and Crown dependencies to sign up to a new clampdown on tax evasion.

David Cameron in the Cabinet Room.
David Cameron in the Cabinet Room.

At talks at Downing Street ahead of next week's G8 summit at Lough Erne, the leaders all agreed to a series of actions aimed at promoting transparency and exchange of information between tax jurisdictions.

The Prime Minister hailed the agreement as a "very positive step forward" which would strengthen his hand in talks with the other G8 leaders in which he has made improving international tax compliance a key issue.

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PM urged on global tax deal

Anti-poverty campaigners are urging David Cameron to build on his agreement with Britain's network of Crown dependencies and overseas territories to forge a global deal on tackling tax evasion at the G8 summit.