Ed Miliband welcomes move to tackle tax secrecy

Labpur leader Ed Miliband.
Labpur leader Ed Miliband. Credit: Joe Giddens/PA Wire

Labour leader Ed Miliband has welcomed the move to establish a set of global standards to tackle tax evasion.

However, Mr Miliband also warned David Cameron that he must be prepared, if necessary, to get tough with any countries which refuse to comply.

Writing in The Independent, the Labour leader said Britain "needs to use all its considerable legal power and authority to ensure all the UK overseas territories and Crown dependencies which act as tax havens sign up".

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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.