Mondelez tax rap firm link
Travel chaos & power cuts as storm hits
SPOTLIGHT Cadbury owner THE accountant for Cadbury owner Mondelez was previously accused of practices with “characteristics of a mass-marketed tax avoidance scheme”.
A 2015 report by MPs rapped arrangements to divert profits via Luxembourg that PwC promoted to clients. Mondelez was not among firms named as having been given advice.
The Mirror revealed this week that the US giant’s biggest UK arm paid no corporation tax last year. Dog feels force WINDS of up to 77mph caused chaos yesterday as Storm Callum barrelled into the UK.
More than 1,500 homes in the North West, South West and Wales lost power.
Torrential rain led the Met Office to issue an amber warning for South Wales and winds grounded jets at Cardiff, Belfast and Exeter airports.
All trains in and out of Devon were stopped as huge waves crashed over tracks on top of a sea wall.
Tim Jones, chair of the South West Business Council, said such “extreme weather events” are costly, adding: “We reckon the impact on business to be around £10million.”
The Atlantic storm hit in the early hours and the highest winds were in Snowdonia. Some parts of Wales face 200mm of rain in 72 hours and the south coast had more than 20 flood alerts and two flood warnings.
Wales and the North West will get heavy rain today, clearing tomorrow as it moves east across the country.