Chancellor should work with EU on taxing tech giants

Responding to reports that the Chancellor is considering a tax on tech giants, Liberal Democrat Leader Vince Cable said:

Tech giants have got away without paying their fair share for too long. That is why I have urged the Chancellor on numerous occasions to introduce a new tax, and he has accepted the argument.

The Chancellor will know the EU has already indicated a new EU-wide agreement is doable. Instead of working in isolation, the Chancellor should be willing to work with our European allies and others around the world. Now is the time to deliver.