Chief executives at Diageo and Unilever have warned that their firms would consider relocating if the government refuses to make the tax regime more business friendly.
The UK could lose some of its highest earning companies if the government continues to penalise them through taxes, according to two high profile business leaders.
The government 'should not take us or any other multi-national company for granted', said Paul Walsh, chief executive of Diageo, while his counterpart at Unilever Paul Polman, also said his firm may be forced abroad.
"We like operating out of the UK, our heritage is here,” warned Walsh. “However it's a competitive world. If we see tax increases on both a corporate and individual level we will look at other options. We have no plans to...