Search giant Google has not followed the example of fellow multinational Starbucks, who last week pledged to overpay on their corporation tax, instead offering a defiant rebuttal of the claims of their accusers, with chairman Eric Schmidt determined the UK Treasury would not receive any more tax from his company.

In a bizarre slip-up by one of the world's most recognisable brands, Google's third quarter results were yesterday leaked into the public domain, which, coupled with the information inside, panicked investors so much so that shares plunged 9%.