Mark Conrad 11 January 2017

Corbyn reveals plans to stop council contracts going to tax havens

Corbyn reveals plans to stop council contracts going to tax havens image

Councils should only be allowed to award contracts worth more than £250,000 to UK-registered companies, under plans announced by Labour leader Jeremy Corbyn.

Speaking yesterday afternoon, Mr Corbyn said a Labour government would use the public sector’s huge spending power to fund a ‘massive’ expansion in apprenticeships by insisting that private sector firms which deliver public services must pay tax in the UK.

‘All firms with a government or council contract over £250,000 will be required to pay tax in the UK and train young people,' Mr Corbyn said.

‘No company will receive taxpayer-funded contracts if it or its parent company is headquartered in a tax haven.’

A Labour Party source said Mr Corbyn’s proposal was designed to create jobs across local authority areas, as well as central government departments and quangos, and also to ensure that profits earned on taxpayer-funded services were ‘retained and circulated within the UK economy’.

In a wide-ranging speech, Mr Corbyn also promised to establish a system of regional investment banks, operating under a national investment bank, designed to ‘rebuild regional economies’.

SIGN UP
For your free daily news bulletin
Highways jobs

Chief Operating officer (s151)

Cornwall Council
Up to £148k + relocation
Cornwall is a place that is forging ahead in the 21st Century. Cornwall
Recuriter: Cornwall Council

Assistant Housing Officer x 2 vacancies

Dover District Council
£20,102- £23,077
We are looking to recruit dynamic, skilled and high performing individuals who share our commitment to delivering excellence Dover, Kent
Recuriter: Dover District Council

Estate Assistant x 2 vacancies

Dover District Council
£17,890 - £20,037
We are looking to recruit dynamic, skilled and high performing individuals who share our commitment to delivering excellence Dover, Kent
Recuriter: Dover District Council

Surveyor – Planned works

Dover District Council
£34,924 - £40,746 (pro-rated for part time post)
We are looking to recruit dynamic and skilled individuals who share our commitment to delivering excellence Dover, Kent
Recuriter: Dover District Council

M&E Engineer

Dover District Council
£34,924 - £40,746
We are looking to recruit dynamic and skilled individuals who share our commitment to delivering excellence Dover, Kent
Recuriter: Dover District Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue