Watch: Nigel Farage denounces tax avoidance in speech last month

The UKIP leader, who set up an offshore tax fund on the Isle of Man, told the European parliament that tax avoidance was about "the perception of fairness".

In my earlier post on Nigel Farage's offshore tax fund (located on the Isle of Man), I noted that the UKIP leader was guilty of hypocrisy having recently denounced tax avoidance in a speech to the European parliament. Well, here is that speech in full and it's as damaging as you'd expect.

He told MEPs (who he assailed for "tax fraud"): "There's a great degree of unity here this morning, a common enemy: rich people, successful companies evading tax, which of course is a problem, avoiding tax, which is not illegal, but it gives this whole chamber this morning a high moral tone and, as Mr Barrasso says, it's all about the perception of fairness." Indeed it is, Mr Farage. 

He went on to accuse the EU Commission of attempting to "drive a wedge between the United Kingdom and the Channel Islands, the Isle of Man and the Caymans". Maybe, but shouldn't he have declared his interest? 

Nigel Farage addresses members of the public during a political meeting at the Armstrong Hall in South Shields. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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The NS Podcast #176: Younge, guns and identity politics

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Helen and Stephen are joined by author and editor-at-large for the Guardian, Gary Younge, to discuss the findings of his new book: Another Day in the Death of America.

Seven kids die every day from gun violence in the US yet very few make the national news. Is there any way to stop Americans becoming inured to the bloodshed? The enraging, incredibly sad and sometimes peculiarly funny stories of ten kids on one unremarkable Saturday attempt to change that trend.

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