hen Rishi Sunak announced the decision to raise Britain’s rate of corporation tax from 19% to 25% back when he was still chancellor, it was sold as a necessary step to restore the public finances, and one that would have a negligible impact on business. After all, our rate was significantly lower than France, Germany and even the US, and higher rates there had done little to harm productivity and growth. It didn’t seem
High-tax Tories spur capital flight
Feb 17, 2023
3 minutes
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