pounds in tax so that's why i started all right so i know going back a few years we covered the philip green over there at our kiddie a group with his top shop he paid his wives a billion pound dividend in morocco i can be to monaco excuse me avoiding huge tax liability and a lot of people talked about it but nothing came of it but then what you're saying is that wants to these austerity measures came then folks like you can't put two to two together and figured out wait a minute wait of austerity doesn't make sense because you've got huge amount of revenues that you could collect if companies were compliance with their tax obligations now of course what do you make of the fact that in many instances the companies will say well technically we are paying our tax the use the dutch sandwich they use the you know all kinds of loopholes. this is their defense but. in response companies in the u.k. themselves are now piggybacking what you're doing and saying we can't compete if you if these other companies are not paying tax you have all big coalition now both with activist and corporations correc

there's a totally different system for those people who have billions and billions of pounds like philip green unlikely the other big corporations well let's talk about starbucks for a second because starbucks again it was the target of a campaign five or six years ago by reverend billy was in london with a major campaign it didn't really gain much traction but now u.k. uncut as got starbucks coughing up some more taxes and in fact. they just two weeks ago were saying that well we're not going to pay more taxes but you can get is applying some pressure and now they are going to be paying taxes and there's a big campaign coming up december eighth right another after another big part of this campaign talk about the starbucks campaign and what's what's happening coming up in early december sure so when we found out it was. a reuters report that kind of exposed starbucks practices when we heard about that we thought. this is an opportunity for us and it was our around that time there also speaking to women's groups who are being affected by the cuts because as the institute for fiscal studies argu

green meetings. they took very often on the golf course -- they often took place on the golf course. >> philips has said it will challenge the 300-million euros penalty in court. >> we have this report from the frankfurt stock exchange. >> economic data from the eurozone confirms weakness. the economy in finland has slipped into a recession during the last quarter. the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's largest mobile-phone services provider. they have more than 700 million subscribers. >> let's take a quick look at some market numbers. the dax ended the day at about -- up about 1/4 of 1%. euro stoxx 50 closed just a a tad up. -- just a tad up. the dow jones