30th Apr 2008

Now the rats are jumping ship

Matrin Sorrell’s advertising group, WPP, are the latest major British company to say it is actively considering a relocation  for tax reasons outside the UK. Even Astra Zenica are refusing to rule out a move.

Alastair Darling has said he is now reviewing UK tax policy.  He could save a lot of time by getting Sir David Varney to recommend a lower rate for Northern Ireland. With speculation that his report may be published today, the British Government has never had a better opportunity to pilot a low corporation tax zone within the UK which would also provide this region with a much needed economic boost.

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