Theresa May will promise to make Britain a ‘low-tax’ economy after Brexit
bTHERESA May will today pledge to oversee a “low tax” economy after we leave the EU as she makes a major Brexit sales pitch to global business leaders.
Speaking in New York she will tell the world’s biggest firms they should have confidence to invest in post-Brexit Britain because of her plan to create “one of the most dynamic and business friendly economies in the word”.
The Prime Minister says Britain will be a ‘low-tax’ economy after BrexitGetty
The PM will also appeal to business chiefs by vowing to implement ground-breaking trade deals with the likes of the US – and will insist she will win a comprehensive trade deal with the EU.
Britain is already on course to have the lowest business taxes of the world’s G20 countries with the Government’s target to cut corporation tax to 17 per cent by 2020. It is currently at 19 per cent.
Her speech doesn’t spell out any new policies but it signals she could go further and slash business taxes further after Brexit to make Britain an even more competitive business hub than EU rivals.
In her speech to the Bloomberg Business Forum Mrs May will also sell post-Brexit Britain by laying out a blueprint for “smart regulation” after we’re free of EU red tape.
The Prime Minister was seen speaking to Jordan’s King Abdullah II ibn Al Hussein at the 73rd session of the United Nations General Assembly at U.N. headquarters in New YorkReuters
And she will tell world leaders that her government’s “sound approach to public finance and dependable approach to high standards” will help make Britain “unequivocally pro-business”.
In an unashamedly pro-business sales pitch she will tell the bosses of the world’s biggest firms – including drinks corporation InBev and tech giant Google – that her economic plans will “drive investment...
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