Downing Street Says » Chair of Business Council

» Tuesday, March 4, 2008

Chair of Business Council

Asked for the Prime Minister’s thoughts regarding the Chair of the Business Council’s comments on tax, the PMS replied that the Prime Minister very much welcomed the role of the Business Council and it was the role of people on that Business Council to express their views on any issues that they faced. Obviously tax was a matter for the Treasury and the Chancellor; the Budget was coming next week, but due to the reforms that we had made to the tax and regulatory regime, we had one of the lowest corporation tax rates in the G7 and we continued to believe that the UK was well-placed to benefit from the opportunities of globalisation.

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