Christian Aid has welcomed the Foot Report on British offshore financial centres as a further sign that the UK is taking responsibility for its major role in the global problem of tax havens.

While leaders of the rich world have been meeting to discuss the economic crisis, a British aid agency has highlighted the way in which derisory tax rates deprive poor countries of billions in lost revenue.

Christian Aid delivered an Alternative Tax Award to the offices of the International Accounting Standards Board (IASB) in Cannon Street, the City of London, yesterday.

UK-based global development agency Christian Aid today unveils the winners of its new 'Alternative Tax Awards' for companies that have shown ingenuity in reducing their tax commitment - at great cost to people, planet and the poor.

The anti-poverty charity War on Want says that the 2009 UK budget has failed to provide a breakthrough on tax avoidance and tax havens, which cost Britain billions and contribute toward impoverishment across the world.

As G20 leaders prepare to meet in London to try to agree how to maintain financial stability in the present economic meltdown, a new report reveals for the first time the massive global cost of business tax dodging.

UK-based international development agency Christian Aid is urging supporters to recruit their local MPs in a bid to pressurise the British government to bring tax justice to economically impoverished countries.

Two major UK-based international development agencies have welcomed a British newspaper's campaign on corporate tax avoidance, which they point out is unjust and hits the world's poor badly.