Thursday, February 28, 2008

Every trough-full helps ...

Over 3 million children live in poverty in the UK. The government plans to cut this by 50% by 2010, however it needs an extra £3.4bn to do so.

Well, on the 3rd March, Tesco runs its annual "computers for school" advertising campaign. Through the scheme, which is now in its 17th year, you can donate to your school a £700 computer if you spend £379,000 at Tesco's.

Well, you know "... every little helps" towards Tesco posting a £2 billion profit this year.

I have a really radical idea for them. Since Tesco likes to play "our part in local communities", why don't they instead pay the £1 billion in tax which allegedly they are trying to reduce through the use of tax efficient off-shore investment vehicles?