Right to Reply: Tax breaks for UK biz needed to foster creativity and growth

The Chancellor of the Exchequer has this week announced a ‘brick-by-brick’ dismantling of the barriers holding back British growth, promising a so-called ‘patent box’, a new 10p rate of Corporation Tax to be levied on profits from new products developed and generated in Britain. GlaxoSmithKline followed the news by announcing a subsequent £500m investment in … [Read more…]