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Transcripts For BLOOMBERG The Pulse 20150414

Question from the audience. If i can find in john was be in the audience wisby in the audience who should have a microphone. He will have a microphone so. People in this audience slightly more obsessed with tax. More on that subject. John a number of questions. Anna one on tax evasion versus tax avoidance. John i was always brought up to distinguish between tax evasion being something illegal and tax avoidance which is something you said we have the right to pay the least tax. And it does seem that if there is so much a blurring of the edges of the talk of politicians now between what is legal avoidance without trying to invest. And actually what is evasion. Could there be a little bit of clarity on that distinction . And why it is blurred so much in a lot of the rhetoric . Anna we will start with you. Talk about the scourge of tax avoidance. Chuka umunna i think everybody talks about it. There is a difference between evasion and avoidance. I do not think it is a difference between pla ....

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UK millers warn of rising bread prices

Months of torrential rain has left UK millers in a soggy situation, with a waterlogged wheat harvest predicted to be down by 30%, which could force millers to rely on imports and ultimately spike the price of bread. ....

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