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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.”
It’s the dramatic rise of China with its burgeoning economy that has put the Trump administration into a frenzy – with major implications both at home and abroad, argues MICHAEL BURKE
Exempting military expenditure from austerity while slashing welfare represents a fundamental misallocation of resources that guarantees continued decline, argues MICHAEL BURKE
