[7][8][9] The idea of UK Uncut originated in October 2010 with a group of ten activists in a north London pub who claimed that clamping down on tax avoidance would be a credible alternative to public sector spending cuts.
Private Eye had recently published an article alleging that Vodafone had reached a highly favourable settlement of a long-standing tax dispute with HM Revenue and Customs so they organised a protest against a store on Oxford Street.
[10] The group uses direct action to disrupt the business of high street stores and banks that they believe have a connection with tax avoidance.
Vodafone was targeted after Private Eye alleged that a deal they made with HM Revenue and Customs substantially reduced the amount of back taxes that they had to pay.
Tina Green is a resident of Monaco and was able to receive a dividend of £1.2bn from the group free of UK income tax in 2005.
[12] Through meetings on Twitter at the end of January it was decided that the next UK Uncut targets would be banks that were alleged to have caused the financial crisis and had been bailed out by the government with billions of pounds.
[22] HSBC have also been accused of avoiding £2 billion worth of tax by Private Eye magazine by using a complicated system of channeling profits through the Netherlands.
Critics have felt that its program has lacked integrity and that its real goal is to divert funding from the disabled due to a lowered budget.