TAP – No doubt many UK companies would set up branches there.
If this goes through, it will be a small victory for Owen Paterson, who introduced the low corporation tax policy when he was Secretary of State for Northern Ireland. He’s now working on rural broadband, and is proposing a breaking up of the BT monopoly in rural areas. There is still one member of the cabinet who believes in business.
If only he understood the risks of GM foods, which for some reason have passed him by. Sterilising corn, cancerous soya. He hasn’t heard of it and thinks GM is all motherhood and apple pie.
Read more: http://www.belfasttelegraph.co.uk/business/business-news/profits-rise-but-big-uk-companies-are-paying-less-tax-16255094.html#ixzz2GQiSqQTw