And he said he hopes the move will be rolled out across the rest of the UK. Last month, Denmark announced companies that make payouts to shareholders, buy back their own shares or are registered in tax havens won’t be eligible for taxpayer cash from its Covid-19 bailout. The country's finance ministry said that businesses looking to claim the cash "must pay the tax to which they are liable under international agreements and national rules". He said: "It's important obviously to protect jobs, but obviously I have serious concerns about funding being given to companies registered offshore who are not paying UK tax. He added: "Yes, in the long run, I would not like to see funding routinely given to companies registered for tax offshore."

Source: Daily Mirror May 13, 2020 16:45 UTC