Monday 5 December 2016

Osborne's plans should be a wake-up call

Published 09/07/2015 | 02:30

Plans by George Osborne for yet another cut to the UK’s corporation tax rate reminds us of the competitive nature of the foreign direct investment market
Plans by George Osborne for yet another cut to the UK’s corporation tax rate reminds us of the competitive nature of the foreign direct investment market

Plans by George Osborne for yet another cut to the UK's corporation tax rate reminds us of the competitive nature of the foreign direct investment market.

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Ireland's 12.5pc offering has been a crucial component of the state's economic plan, and the regime has helped lure global giants, particularly in the technology sector, to our shores.

But we're facing pressure from two quarters: from London on the one hand, which wants a share of our success, and from Brussels on the other, which is keen to ensure that success is built on a regime that is fair and transparent.

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