7 years ago
Hammond suggests UK without single market could become tax haven
The chancellor, Philip Hammond, has suggested Britain could transform its economic model into that of a corporate tax haven if the EU fails to provide it with an agreement on market access after Brexit. In an interview with the German newspaper Welt am Sonntag, Hammond commented that if Britain was left closed off from European markets after leaving the EU, it would consider leaving behind a European-style social model, with “European-style taxation systems, European-style regulation systems” and “become something different”.
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https://www.theguardian.com
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