B&Q flagged as target for tax protests

Published:  08 December, 2010

LONDON: Kingfisher is one of the companies singled out as likely targets for future protests against corporate offshore tax avoidance by action group UK Uncut.

UK Uncut, part-run through social network Twitter, has prominently featured Cadbury brand owner, Kraft's proposal to move Cadbury's headquarters to Switzerland to reduce its tax spend.

Kingfisher, which owns the B&Q DIY brand, is said to be considering a similar move to save an estimated £30m in tax.

At the weekend UK Uncut successfully closed the flagship Topshop store on Oxford Street in London, and a number of other stores around the country.

Arcadia was chosen because chief Sir Philip Green aggressive moves to reduce the group's tax spend, but also advises the coalition.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

We work closely with the National and Large Independent Builders Merchants as well as Manufacturers & Distributors. We have vacancies all over the UK for those who work within the Building Supplies sector.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.