Downing Street Insist Businesses Must Pay Their Taxes

The transcript discusses public dissatisfaction with multinational companies like Starbucks over their tax practices. Despite significant UK sales, Starbucks reports no profit and pays minimal tax, leading to controversy. The company has volunteered to pay additional taxes as a goodwill gesture, but critics argue this is insufficient. The situation highlights the challenges faced by smaller competitors and the broader issue of tax fairness.

What reasons are given for why Starbucks claims its coffee shops are lossmaking?

What do critics say about Starbucks' approach to paying taxes?