Osborne has reversed his scare tactic of higher taxes in the event of Brexit by announcing his pledge to cut corporation tax to below 15%, well below the current 20% rate. This would give the UK the lowest corporation tax rate of any major economy. This is welcome news to encourage firms to stay in the UK and welcome more businesses to relocate here. Funny how common sense always prevails.
Not strictly true I'm afraid - there are two rather high-profile cases in Scotland at the moment in which those criteria have been met, but both families involved are on the cusp of deportation. Canadian family, the Zielsdorfs, have lived and worked in Laggan since 2008, invested their life savings in a business only to be told to pack up and go home by the Home Office because they only employed one full time local. Their passports have been confiscated and their bank accounts frozen. Further north, in Dingwall, an Australian family, the Brains - who have lived there for six years - have been told the same. They migrated here under a UK backed scheme to ease depopulation in rural areas, their 7 year-old son started school here and now speaks Gaelic as his first language, both have jobs which they have been told they cannot do and, like the Zieldorfs, their passports have been confiscated and their bank accounts frozen. It's certainly not as straight-forward as you think.
This business friendly attitude is completely opposite to France where business owners are liable to be kidnapped and physically assaulted if the workforce disagrees with company policy.
"We know that financial institutions have started to move some of their operations to Amsterdam, Dublin, Frankfurt and Paris, and it is our intention to make our taxation and status of expatriates even more attractive." Manuel Valls French Prime Minister I suspect Osbourne is reacting to a clear indication that business will gradually drift away. You only have to look at the list of large companies who know that the UK is unlikely to be a decent place for years to come while trade deals are being written, re-written, amended and restarted.
France must be the least attractive destination for inward investment in Europe. The government cannot change a lightbulb without half the country coming to a standstill.
Ther There speaks the expert who couldn't hack it. Pathetic! You really should get out and about a bit more. The air might help to clear your brain.
I agree re 'bounced' .... I think many people voted 'for a change' without realising that the 'change' they imagine wont come through such a vote. It is sad that the media and the respective campaigners did not operate a fairer , facts-based, approach. This decision was so much bigger than the I-win-you-lose approach... and of course many people were in the middle ground...
Interesting, I have lectured on Thoreau in the past. MInd you I touched on Whitman amongst others in the same lecture.... Your comment above reminds me of the baloney Farage spouted that the result was a victory of ordinary people real people etc. It is probably a fact that the ordinary working man will benefit not one jot from this outcome. In fact will be poorer for the foreseeable future. One example very close to us is that my daughter-in-law's sister is married to a Finn and they had sold their flat in London to buy a flat in Helsinki the week of the 23rd. Due to the currency markets they lost 21 thousand pounds overnight, could not complete on the new flat and are basically f@cked. FACT. Given that Farage has made a lot of money on the markets over the years and is in now way an 'ordinary' man it all is doubly hard to bear.
That particular speech of his did echo 1930s Germany just a little too much for me to stomach. I'm sorry for your relative, that is dreadful in its literal sense. Another part of the reality rather than the myth and as such, to become all too common.
The dirty side of politics is now coming into full view. As Boris sets about trying to restore his image as the lovable buffoon, he now gets one of his henchmen to let everyone know that Gove has a drink problem, and would be a security risk if he ever became PM. Of course he didn't know that while he was standing side by side with him, it has only just been noticed. He is also trying to say that the government is not putting forward his side of the debate more fully. I would have thought he had plenty of time and managed to confuse enough people into believing what was immediately withdrawn after the result. He is asking for some truths. Does he know what that means? As some say, he led the country into the mess, then ran away. Others wonder just what would have come out about him.
And if you add to this Andrea Loathsome and her attempts to wriggle out of having said 3 years ago that it would be ''a disaster to leave the EU'' (the logic being that she can change her mind but we can't). Together with Theresa May wanting to place the status of the millions of EU. citizens in the UK. and UK. citizens in the EU as being open to question (although both are covered by international law). What impression does all of this give to the rest of the World about daily life in British politics - or more particularly about our ruling party ? If the end result of all this could be that we will never see this Tory scum in power again in the UK. then at least there may be some light at the end of the tunnel.
It's in several articles in various magazines aimed at economists and investors. In the interest of balance, here's one that believes differently, although I've seen replies that dispute the claims made. http://www.businessforscotland.co.u...cotland-will-be-a-wealthy-independent-nation/
Speaking of the Poisonous Woman Who Would be PM - your comment jogged my memory about this, something I thought originally to be an April Fool's joke... http://www.politics.co.uk/blogs/201...of-theresa-may-s-student-deportation-programm And to think that Education is one of the UK's biggest exports.
Plenty of sore losers out in force this morning, be braced for longterm disappointments when Brexit happens and we have a solid Tory government until 2020 at least. With the current and future state of the Labour Party in serious doubt the Conservatives look set to be in charge for ages. Hopefully the new government will more reflect the views of the party faithful. low tax and small government.