Ten Things You Need to Know Today: Sunday 31 Jan 2016

1. Tories lobbying to protect Google’s £30bn tax haven

At least six of the UK’s 10 largest multinationals — including Shell and Lloyds Banking Group — paid no UK corporation tax in 2014 despite combined global profits of more than £30bn. Meanwhile, The Observer says Tory ministers have been lobbying to protect Google’s £30bn tax haven, telling the European commission that they are “strongly opposed” to sanctions against Bermuda.

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