UK business investment lowest in G7 despite corporation tax cuts, says IPPR

‘Race to the bottom’ on tax on company profits has failed to boost economic growth, says thinktank

Business investment in the UK fell to the lowest rate in the G7 group of wealthy nations despite corporation tax cuts, the government has been warned, as ministers prepare £30bn of giveaways targeted at companies and higher-income workers.

The Institute for Public Policy Research (IPPR) said a “race to the bottom” on the headline tax rate on company profits had failed to boost investment and economic growth in Britain over the past 15 years.

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uk business investment lowest

@TillTheEndOfEt1

@KemiBadenoch @FutureAtlantic @HMSQNLZ Investment drops in unstable economies, halfwit It was already one of the l… https://t.co/HALZHk6bMi

Posted on: 2022-09-28 17:53

@PhilMorandi

RT @kazdeanie: @KemiBadenoch Your party has been in power for 12 years. Plus what growth, we have the lowest corp tax which has generated t…

Posted on: 2022-09-26 22:09

@Matb87011507

@SkyNews Statistical evidence has proved, the last time corporation and business related taxes were cut, that cuts… https://t.co/JZRuq1oE8I

Posted on: 2022-09-26 06:49

@GuyOpperman

At the same time the planned Corporation Tax increase to 25% has been cancelled. The rate will stay at 19%, the… https://t.co/d0Tua9G0wL

Posted on: 2022-09-26 05:35

@id_ops

RT @243Andrew: @johnredwood Don’t be ridiculous. The UK has the lowest rate of corporation tax in the G7 & 1 of the lowest in the OECD. We…

Posted on: 2022-09-25 23:13

@RolandS13014285

@Slitherslather @ziggy6769 Scotland has lowest unemployment in UK, highest inward investment and highest median ear… https://t.co/3rbNTA1ETr

Posted on: 2022-09-24 12:45

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