Waitrose boss Mark Price: Businesses must pay their tax

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Speaking as he prepared to hand over the chairmanship of the Business in the Community (BITC) charity to Barclays chief executive Antony Jenkins, Mark Price said: “No matter who wins the election, the Government will be facing a huge deficit to get down.

 

“In the light of that, business has a responsibility to the societies in which it operates to step up to the mark and be responsible, sustainable and long term.”

Companies had a duty to make profits so they can pay their taxes, create employment and engage in society for the long term, he added.

His handover takes place tonight at a summit that will be attended by more than 400 senior executives who will be addressed by Prince Charles, president of the BITC.

Jenkins said: “Businesses don’t operate in isolation — we have customers and staff, what we do and how we do it has a huge impact on the society in which we live  and work.”

Source Article from http://www.standard.co.uk/business/business-news/waitrose-boss-mark-price-businesses-must-pay-their-tax-10068885.html

February 25, 2015 |
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