19.12.2010 12:22 | London
UKuncut TopShop Oxford Street London payday protest against tax avoidence 18 December 2010
UKuncut are a campaign group focused on highlighting corporate tax avoiders. On Saturday the 18th December 2010 UK Uncut organised a UK wide set of protests targeting companies they believe have used tax avoidance to siphon off huge sums of money out of the United kingdom.
One target corporation is Arcadia which include such high street names as BHS, Burtons, Dorothy Perkins, Evans, Miss Selfridge, Outfit and Topshop. This video shows part of what happened at Topshop's flagship London Oxford Street store on one of the busiest shopping days of the year.
Philip Green is a multi-billionaire who runs the Arcadia Group which is owned by his tax exile wife Tina. In 2005 Arcadia paid a dividend of £1.2 billion -- the biggest payout in British corporate history -- to Green's wife. As a resident of Monaco, she pays no income tax, meaning that massive payday was entirely tax-free. The coalition UK Government then made Green a government adviser on cuts.
For more information on UK Uncut please visit:http://ukuncut.org.uk
Original article on IMC London: http://london.indymedia.org/videos/6751