Cameron pledges action on tax avoidance

The Prime Minister has spoken publicly for the first time following the Christmas break - and said his new year's resolution is to get the economy moving again.

Speaking to an audience of small businesses and entrepreneurs in Maidenhead, Mr Cameron said HMRC had to collect in "a fair and business-friendly way".

He said the government was doing its bit to cut the rate of corporation tax - and businesses should recognise that they "should pay that rate of tax rather than try to avoid it".

James Landale reports.