Since No 10 will ultimately win that battle, the question is how the Treasury will react. In its determination to maintain the City of London’s global position outside the single market, the Treasury will find itself inexorably drawn down the road towards remaking the UK as an offshore, low-tax financial haven. Just at the very moment when the EU locks horns with Apple over sweetheart tax deals, so Britain may roll out the welcome mat to international corporations such as Apple, offering Britain as the new Ireland, or as a European Singapore.
"The sovereignty you have over your work will inspire far more people than the actual content ever will." - Gaping Void
Friday, September 02, 2016
Theresa May will lead us into a bleak future
Martin Kettle has an insightful comment on current division within Tory government's approach to Brexit. Not for or against, but which gets priority, controlling immigration (No 10) or free market (treasury).
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