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Margaret Hodge: HMRC should 'get a grip' on tax avoidance

3 December 2012 Last updated at 09:26 GMT

Global firms in the UK that pay little or no tax are an "insult" to British businesses, a committee of MPs says.

The Public Accounts Committee chairwoman said HM Revenue and Customs needed to be "more aggressive and assertive in confronting corporate tax avoidance".

Margaret Hodge said the HMRC "has just got to get a grip".