HMV boss: 'Someone is going to have to step in and force these large conglomerates - like Google and Amazon - to literally pay their fair share'

4 hours ago 1

HMV saviour blasts tech giants implicit taxation - arsenic helium revealed helium looked astatine buying DIY concatenation Homebase

HMV proprietor  Doug Putman launches onslaught  connected  tech giants implicit    however  overmuch  taxation  they pay

HMV proprietor Doug Putman launches onslaught connected tech giants implicit however overmuch taxation they pay

The brag of HMV has launched a withering onslaught connected online giants implicit their taxation affairs.

Doug Putman, which saved the historical euphony concatenation 5 years ago, fumed: “Why don’t you look astatine the biggest radical making money, Google, Facebook, Amazon? F***king tonnes of wealth there.”

He told the Mirror: “I judge successful paying tax, I ever have, I deliberation it’s a large happening to do. We’re fortunate to run successful countries similar Canada, the US and the UK.

“You wage your just share, you shouldn’t fell your money. You shouldn’t beryllium doing these things that fell your wealth offshore.

“At immoderate point, idiosyncratic is going to person to measurement successful and unit these ample conglomerates - similar Google and Amazon - to virtually wage their just share. It’s brainsick to me. You person a batch of radical doing precise well.”

HMV brag Doug Putman has benefited from a vinyl revival and has present acceptable his sights connected books (

Image:

PHILIP COBURN)

The Canadian businessman was speaking arsenic helium warned it was apt to enactment store openings connected clasp adjacent twelvemonth due to the fact that of Labour’s summation to employers’ nationalist security successful the Budget.

The concatenation - which has conscionable implicit 120 UK stores - had been earmarking betwixt 5 and 10 openings.

Mr Putman besides revealed helium held talks to bargain the full of DIY concatenation Homebase earlier its caller collapse.

HMV's Doug Putman says helium considered bid for Homebase (

Image:

East Kilbride News)

“We looked astatine Homebase arsenic a whole,” helium confirmed. “We had an idea, we looked done it all. We didn’t deliberation it would advancement arsenic rapidly arsenic it did.”

The proprietor of discount concatenation The Range, billionaire retail magnate Chris Dawson, ended up buying 70 Homebase stores and the brand, redeeming 1,600 jobs, aft it went into medication past week.

But determination are inactive concerns for 2,000 workers astatine the remaining 49 Homebase stores, and astatine its caput office.

Mr Putman add: “The Budget makes maine adjacent happier that we didn’t bash it due to the fact that of the other worker costs.”

He besides said HMV could unfastened standalone publication shops crossed the state if a task wrong its London flagship subdivision connected Oxford Street is simply a success.

One level of the celebrated store has been fixed implicit to books, from music-related biographies to fiction, amid increasing appetite from younger readers.

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