Just one problem with Ed’s Google-bashing this afternoon:
Guido readers will know that HuffPoUK is owned by AOL Limited, whose parent company is the Luxembourg-registered AOL Europe Sarl.
In 2010 AOL UK Limited, HuffPo’s esteemed owners, had a revenue of £78 million. Despite that they paid just £122,000 in corporation tax, cleverly moving £30 million out of the reach of the UK tax authorities by “repatriating” a dividend payment to a tax avoidance special purpose vehicle (SPV) AOL Europe Sarl, registered in the tax haven of Luxembourg. This meant, despite returning 38% of revenue to shareholders, they had an effective tax rate of less than 1%. Guido looks forward to Ed’s article attacking AOL and HuffPo for “going to extraordinary lengths to avoid paying taxes”. His spokesman insists that “all companies need to be responsible.”
Further reading on HuffPo’s tax avoidance hypocrisy:
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In today’s Sun column:
- find out which national newspaper editor has a crush on SamCam
- how NHS England spends your cash
- Read about Nadine’s bumpy bounce back
- Claire Perry’s sexy invitation
- why there is some money left for Liam Byrne
- Petrolheads and a Westminster wedding
All in your 60p Sun…
One nugget of news from James Forsyth that will be keeping them happy over at Telegraph towers: apparently the PM’s new favourite columnist is Ed-bashing Blairite refusenik Dan Hodges.
“At the moment, the Cameroons are whining about the Conservative party being ‘unleadable’. There is much quoting of Cameron’s new favourite columnist, Dan Hodges, a former trade union official who is equally scathing about Conservative backbenchers and Ed Miliband. But even those who are indulging in this pastime know that it is not serious politics: if they really believed the Conservative party was unleadable, they wouldn’t be spending their lives trying to lead it.”
As if he hadn’t got under Labour’s skin enough already…
Fair, balanced and impartial Ian Katz will have no trouble fitting in at his new role as Newsnight editor. He is reunited with former Guardian colleague Allegra Stratton and, in Paul Mason, he has an ex-Trotskyist Workers’ Power group member as his Economics Editor. Despite being a neighbour of Boris, Katz certainly has top drawer left-wing credentials. Back in 2004, he was editor of the Guardian’s G2 magazine during their infamous ‘Operation Clark County’ plot to swing the state of Ohio in favour of John Kerry and against George W. Bush. Katz organised thousands of letters written by lefty Britons to be sent to individual voters in Ohio, imploring them to cast their ballot for Kerry. The result was uproar, a near diplomatic incident, and victory for Bush. Slate magazine explained Katz’s humiliation at the time:
“The Guardian editor responsible for the project, Ian Katz, finally wrote a piece on Oct. 21 crying uncle… Katz said he knew all along that the letter-writing project could backfire. So, did it? Almost certainly, yes. In 2000, Al Gore won Clark County by 324 votes. And since Ralph Nader received 1,347 votes, we can assume Gore’s margin would have been larger without Nader on the ballot.
On Tuesday George Bush won Clark County by 1,620 votes.”
Add to that Katz’s support for various barmy climate change schemes, including the exploding children shock campaign 10:10. Throw in his views on the ‘paranoia’ and ‘complicity’ of ‘idiotic’ Israel and you start to get the picture…
Hopefully the new Guardian deputy editor will be able to stir MediaGuardian from their slumber, it took a whole twelve hours from the story breaking to get anything up on their website about the departure of Ian Katz to Newsnight. Insiders are tipping two names to MediaGuido as his replacement. Dan Roberts, the paper’s Washington Bureau Chief, is a frontrunner, rivalled by their former media man and new National News editor Dan Sabbagh.
So it looks like Dan the man for the gender-balanced Guardian. Though one possible dark horse being touted is Helen Boaden of Newsnight fame, because the Beeb-Guardian relationship wasn’t cosy enough. Developing…
A cunning move by Ian Katz, jumping from the Guardian to Newsnight. The heir apparent is the latest lefty print figure to join the Beeb. Guido reckons he will return to Kings Place eventually, as the editor of a multi-platform, video-led converged Guardian.[…]
Guido shares a page with Nadine in today’s Sun. In Guido’s column:
- Ed Miliband told Guido a funny over carrot sticks and hummus
- PM on Chuka: “let’s get him”
- Nigel Farage’s unbelievably “bonkers” dinner party with Labour luvvies, celebs, heirs, heiresses and a prince.
The fact that Tory MP Stewart Jackson hasn’t even sold his house will make his battle with IPSA’s expensive legal team, Cherie Blair’s Matrix Chambers, all the more interesting. Especially since he isn’t even considering selling up. Guido is however more amused by Jackson’s claim that house prices were falling in his area, so the value of his property couldn’t possibly have increased by 20% as IPSA claim.[…]