Topshop temporarily closes in Sir Philip Green protest
Topshop in Oxford Circus was forced to shut down on the weekend after activists staged a sit-in to protest against the tax status of Sir Philip Green. The group, known as UK Uncut, claim Green is a tax avoider after he paid £1.2billion in dividends to Sir Philip's Monaco-based wife, Tina, in 2005. The campaigners, who have also targeted Boots, HSBC, Barclays and Vodafone, forced the closure of Topshop's flagship store for an hour before police contained the group. There were also protests at other Topshop stores across the UK.
As a long-time resident of Monaco, Green defended himself by saying: "My wife's not a tax exile - my family do not live in the United Kingdom, it's somewhat different. We do pay all our tax in Britain. I think we have paid over the last five years some £300-400m in taxes on profits that have been made on our company."
[via Fabsugar UK]