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Clegg in Africa trade visit

Clegg in Africa trade visit

Nick Clegg is visiting Ethiopia and Mozambique as part of efforts to boost co-operation with Africa during the UK's presidency of the G8.

The Deputy Prime Minister is set to hold talks with leaders around trade and boosting tax transparency to benefit African nations.

“In the year that we chair the G8, it is right that we use our aid and expertise to boost tax revenues in the poorest countries and help them to stand on their own two feet," the Lib Dem leader said.

"Helping developing countries to collect taxes means they can improve their own public services such as health and education. It also helps attract the investment and trade they need to grow and develop.”

Closer to home, the Public Accounts Committee has confirmed it is considering whether to launch an investigation into IT firms after the Financial Times uncovered a series of tax minimisation schemes.

The paper reports that Treasury minister Danny Alexander is considering whether or not to bar companies from state contracts if they are deemed to not be paying enough tax.

Green Box: Clegg in Africa trade visitClick to open

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