By JP Floru. It has nothing to do with Cameron riding horses or Osborne being the 18th Baronet of Ballintaylor and Ballylemon. Labour front men and women were and are from privileged backgrounds too: Blair was a boarder at the independent Fettes College; Harriet Harman has been called “a public school educated minor aristocrat”; Ed […]
JP Floru is the Director of Programmes at the Adam Smith Institute. Diageo, the world’s largest spirit maker, has announced that it will stop basing staff in the UK because of the 50p tax rate. CEO Paul Walsh explained that Diageo can pay its staff less in (for example) Singapore, where they only face 10% income […]
By JP Floru Britain may have been declared open for business, but according to today’s FT hedge funds are leaving as fast as they can (£). And it’s not just financial companies. Back in December Cadbury announced that it is moving its headquarters to Switzerland. In February Pfizer announced it was closing its research factory in […]
By JP Floru Residents in my ward (Hyde Park, City of Westminster) are fleeing abroad to escape from the 50p tax rate. I have heard similar stories from fellow councillors for areas such as Kensington, Knightsbridge, Pimlico and Mayfair. The people who are fleeing tend to be British citizens, therefore, people who pay their UK […]