Oral Answers to Questions

David Ruffley Excerpts

Wednesday 21st November 2012 Commons Chamber

[The Prime Minister]

On the hon. Gentleman’s first point, the issue that is being examined is very serious, and we need to study carefully the interim report that has been produced. It has some extremely disturbing findings and we need to give every encouragement to the Children’s Commissioner to ensure that a final version of the report is produced. The specific issue raised by the hon. Gentleman concerns very serious allegations about a former Member of this House. I understand that Greater Manchester police have today confirmed that they will investigate any allegations of sexual abuse involving the late Sir Cyril Smith from 1974 onwards.

I say to the hon. Gentleman and all Members of this House, particularly in the light of what has happened over the past few weeks, that if anyone has information or facts they should take them to the police. That is the way we should investigate these things in this country.

[Mr David Ruffley (Bury St Edmunds) (Con)]

Q10. Businesses are helping to cut the borrowing deficit by paying tax on their profits. Some multinationals, such as Starbucks and Amazon, appear to be paying low amounts of UK corporation tax. Does the Prime Minister think that that part of the tax code needs investigating?

[The Prime Minister]

I think it does need investigating. I have asked the Treasury to do that and it is looking as hard as it can at what can be done. There are clearly things that one can do nationally, and that is worth examining. Because we live in a competitive global economy where companies can move their capital, headquarters or money around, we need greater international agreements. We have come to a very important international agreement with Switzerland that will recover billions of pounds of tax for our country, but we need to work hard. That is where the G8 can help to ensure we get a fair share of tax from companies, especially given that Britain is doing its bit to cut rates of corporation tax so that they are some of the most competitive in the world.