[DemolitionRed]

Osborne pulled a confidence trick when he loudly and repeatedly claimed to be clamping down on tax avoidance back in the 2013 budget. What he actually did was rewrite corporate tax law which allows offshore multinationals to not only escape that clampdown but make it easier than ever to avoid paying corporate tax. He very deliberately relaxed laws that had been put in place by Nigel Lawson, that prevented companies shifting profits into their tax-haven subsidiaries.