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Lord Wallace of Saltaire (LD)

Speaking in the House of Lords on 17 March 2025

Debate

Overseas Companies: UK-registered Subsidiaries

Contribution

My Lords, noble Lords will recall that, when the Covid pandemic broke out, the contract for setting up local testing services was given to two multinational companies, one of which had its headquarters in Miami. Not surprisingly, it put an awful lot of the local testing sites in the wrong places because it had no local knowledge. In awarding public contracts, can the Government be sure that they take issues like that into account? Can they ensure that companies which have most of their work overseas have a proper presence and pay the appropriate level of tax in this country?

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