Why Who Owns What Really Does Matter for Britain ; City Comment

Evening Standard - London (01 December 2006)

Author: Anthony Hilton

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Summary


LOOKING at the guest list for the CBI dinner on Monday night, it was striking how few major British companies had thought it worthwhile to attend and how numerous were the serried ranks of foreign businesses and their UKowned subsidiaries.

They almost outnumbered the consultants. That being the case, it was also intriguing to speculate how much attention this constituency paid to the vigorous campaign launched that morning by the CBI against the current aggressive attitude of Revenue Customs, coupled with the uncompetitive high rate of UK corporation tax levied on company profits.

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Extract


Why Who Owns What Really Does Matter for Britain ; City Comment

The organisation had warned in a detailed report there was a serious danger more British-owned businesses would follow the lead of Catlin, Hiscox and others in the insurance industry that favour Bermuda, and the string of fund management firms that favour Dublin b...

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