Business quote of the day: “I am very proud of the [tax] structure that we set up.”

“I am very proud of the [tax] structure that we set up.”                     

Eric Schmidt, chairman of the internet giant Google, defended his company’s record on tax, saying “it’s called capitalism.” In an interview in New York, Schmidt said he had no intention of copying Starbucks and making any extra tax payments to the Exchequer, after facing criticism for only paying £6m in corporation tax last year.

 

Helen Roxburgh is the online editor of Economia

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The NS Podcast #230: It's (New) Party Time

The New Statesman podcast.

Helen is joined by Anoosh to consider whether a new political party would have any chance of success in the UK. Then they discuss the TV shows everyone really likes to watch but doesn't admit to and analyse why the quality of Don't Tell The Bride has declined. Finally, a bumper You Asked Us section including listener questions on social care, punching Nazis, the Tory economic agenda and more.

You can subscribe to the podcast through iTunes here or with this RSS feed: http://rss.acast.com/newstatesman, or listen using the player below.

 

Further reading:

The NS centenary debate from 2013 - did the left win the twentieth century?

Meet the Ivanka Voter by Anne Helen Petersen on Buzzfeed.

Anoosh on the EDL.

Why is Love Island so Tory?

How Don't Tell the Bride lost its spark

Take Me Out and the failures of feminism by Alan White.