(7 years, 11 months ago)
Commons ChamberI recognise the positive contribution that is made by EU citizens living here in the United Kingdom. I have said on many occasions that I expect to be able to, and wish to be able to, guarantee their status here in the UK, but we do need reciprocity—we need to have care and concern for UK citizens who are living in the European Union.
Did the Prime Minister have any discussions with her counterparts on how quickly the EU can make progress on tackling multinational tax avoidance and particularly on when the EU will go ahead with country-by-country reporting, which we took the powers for in this year’s Finance Bill?
I have to disappoint my hon. Friend; this matter was not discussed at the European Council. However, as my hon. Friend indicated, the whole question of tax avoidance is one that the UK has led on with the measures we have taken, and it is an issue that I raised at the G20 earlier this year.
(8 years, 2 months ago)
Commons ChamberI was involved in discussions with countries on free trade deals that we can develop at the weekend at the G20 summit; I listed some of those countries in my statement, but there are others. I am pleased about the opportunities we now have and at the willingness of other countries to sit down around the table and talk to us about trade deals.
Does the Prime Minister agree that for trade to be truly free and to work for everyone, it needs to be free of corruption? Will she update the House on discussions at the summit on tackling corruption and taking forward the actions agreed at the London summit earlier this year? Perhaps she can explain how some of the countries at the summit are a little less keen on taking action and responding to that.
My hon. Friend is absolutely right. It is important that we deal with corruption if we are to have free trade deals and people trading freely around the world but, in addition, corruption sadly gets in the way of the ability of some countries to develop their economies, and of people in them taking the benefits that economic development can bring. The G20 collectively was clear that it wanted to continue that anti-corruption work. I made specific reference to the international anti-corruption co-ordination centre, which we are setting up here in London—a number of countries are joining us in that. That is one part of the action that we need to take, but I can assure my hon. Friend that the G20 was very clear that we needed to continue to press on the outcomes of the London anti-corruption summit.