McDonalds Tax Take-Away

McDonalds Restaurants are shifting their HQ to Switzerland.  It joins Kraft, Procter & Gamble, Google, Electronic Arts and Yahoo in switching from the UK to Switzerland as the corporate tax burden rises. Britain was at the top of the international competitiveness tables only a decade ago and has been sliding down ever since.  Fewer corporations headquartering in the UK means more taxes for the rest…

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Quote of the Day

One Tory MP remarked yesterday…

“How many are in four Bakers’ dozens? About 35…”


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