NICOLA Sturgeon has backed the denial of coronavirus aid to firms registered in tax havens.
The First Minister said she supported the idea “in principle” after Denmark announced tough restrictions on the type of companies it would fund through the crisis.
The Bloomberg news agency reported the Danish government will exclude companies seen to act against the best interests of society from its latest bailout programme
Companies which pay out dividends to shareholders, buy back their own shares or are registered in tax havens won’t be eligible for financial support.
The move coincided with the UK government opening its Job Retention Scheme to applications this morning, with 67,000 claims in the first 30 minutes.
Under the scheme, the government will cover 80 per cent of the wages of furloughed staff up to £2500 a month.
At the daily Scottish Government briefing on Covid-19, Ms Sturgeon was asked about Denmark’s actions and whether she would consider pushing for the same restrictions here.
She said: “I think companies that don’t operate in a fair way should not be necessarily easily able to access public funds.
“So in principle - obviously I don’t know all of the detail of what has been done in Denmark - but in principle, yes, I do think those kinds of principles have to apply here.
“We want support to be available for businesses, but we want that, obviously as we would with any form of public support to go to those most in need.
“So we’ve said, if businesses feel they don’t need to access some of the grants we’re making available, or some of the wider support that’s coming through the UK government, then don’t apply for it.
“Because we want as much as possible of his to go to the businesses that most need it, and of course we always want businesses to operate fair work practices, and also play fair n terms of paying their taxes and contributing to society.
“If anything, this experience right now is showing us the importance of that, the importance of that collegiate nature of society, where we all do the right things and support each other where we need it.”