Alex Cunningham
Main Page: Alex Cunningham (Labour - Stockton North)Department Debates - View all Alex Cunningham's debates with the Cabinet Office
(5 years, 5 months ago)
Commons ChamberThe House wishes to hear the Minister’s mellifluous tones, so if he could face the House, that would be excellent.
The UK is committed to supporting countries to achieve the global goals, including through the development of strong public services. We are working with low-income countries to raise and manage public revenues and to invest in education and health systems to provide essential public services for all.
I am grateful for that answer. Building strong public services is crucial to achieving the UN’s sustainable development goals, but countries in the global south are losing out on billions of pounds of revenue each year due to tax avoidance—money that could be spent on building up those services, which are needed by their citizens. What practical steps is the Minister taking to ensure that countries in the global south are supported to ensure that multinational corporations and others who should be paying taxes actually do so?
I am very pleased to say that we have taken probably the most powerful practical step of all by setting up a specialist tax department—the hon. Gentleman rightly highlights the issue—within the Department for International Development. We are spending £47 million to help low-income countries increase their tax revenues, and every £1 we put in has raised revenues by £100.