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Tax Haven Britain
‘Lame-duck’ Osborne sets out plans to cut corporation tax to 15 per cent
Birmingham’s striking bin workers and supporters bring waste sites to a standstill
GEORGE OSBORNE was accused yesterday of turning Britain into a “rainy Dubai” after revealing plans to slash corporation tax to just 15 per cent.
The Chancellor has claimed that Britain must become a “super competitive economy” to survive after Britain leaves the European Union.
Millionaire Mr Osborne, who could benefit from lower tax as a shareholder of his family’s wallpaper business, told the Financial Times the cut was needed to prove Britain was still “open for business.”
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