Tim Hunt, the report's co-author, said: "At a time when the Government is implementing the biggest cuts to public spending in living memory, the Government should demand that companies being awarded contracts should not be allowed to also make use of tax havens."

Richard Murphy, from the Tax Justice Network, said: "These findings are troubling, but seem to form part of a pattern that now appears deliberate. "We're seeing taxpayers' money now being captured by private corporations who are using it for the benefit of a few in society at a cost to the great many ordinary people who're paying the price through reduced services, benefits and even healthcare, and all at the cost of increased tax."
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