Labour party seeks to end ‘scourge’ of UK tax avoidance

The Labour Party will rewrite the rules of the U.K. economy to the benefit of working people and end the “scourge” of tax avoidance, Shadow Chancellor of the Exchequer John McDonnell told the party’s annual conference in Liverpool September 26.

“We can’t run the best public services in the world on a flagging economy with a tax system that does not tax fairly or effectively,” McDonnell told delegates two days after the party re-elected Jeremy Corbyn as leader following a fierce and divisive election campaign. Corbyn won almost 62 percent of the vote, beating center-left challenger Owen Smith.

Read more: My news story for Tax Analysts, 27 September (paywall).