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The Treasury has unveiled the membership of its new multinational forum on tax, which was announced last month.
The group — chaired by financial secretary Jane Kennedy — includes senior representatives of multinational companies, as well as a number of veteran economists.
It is intended that the forum will discuss ways in which the UK's tax system can provide the long-term certainty that multinational companies need in the face of increased competitiveness and other global challenges facing both business and government.
Membership will comprise:
- Richard Lambert, CBI
- Douglas Flint, HSBC Holdings
- Julian Heslop, GlaxoSmithKline
- Hanif Lalani, BT Group
- James Lawrence, Unilever
- Andrew Shilston, Rolls-Royce Group
- Dr Byron Grote, BP
- Nicolas Moreau, Axa (UK)
- Duncan Tatton-Brown, Kingfisher
To ensure the group is able to draw on the best evidence and analysis, the Chancellor has also invited four economists to become forum members:
- Dr Andrew Mclaughlin, Royal Bank of Scotland Group
- Professor Michael Devereux, Said Business School, Oxford
- Adam Lent, TUC
- Dr Parthasarathi Shome, HMRC
The line-up was greeted enthusiastically by CBI director-general Richard Lambert, who said: 'I'm encouraged to see the outstanding calibre of the forum members, drawn from some of the best companies in the world.
'It is an excellent opportunity for policy-makers to tap into their expertise whilst hearing firsthand about the impact of their recent tax strategies.
'Mr Lambert added: 'It is important that the Government listens as businesses are prepared to vote with their feet if they feel the UK's tax or regulatory regime is placing them at a disadvantage.
'What is needed is a competitive and consistent tax regime which business can have trust in.'
