UK Business Lobby Warns Andy Burnham Against More Company Tax Hikes
Updated
Updated · Bloomberg · Jun 25
UK Business Lobby Warns Andy Burnham Against More Company Tax Hikes
3 articles · Updated · Bloomberg · Jun 25
Summary
Britain’s business lobby warned the next prime minister not to raise company taxes further, saying additional burdens would push firms “over the edge.”
Andy Burnham — the former Manchester mayor expected to become the new UK leader — has yet to set out a detailed plan to revive the economy, leaving businesses and investors focused on whether he will seek more revenue from companies.
The intervention underscores early pressure on Burnham from corporate Britain as markets look for clues on how his government would balance growth ambitions with fiscal demands.