No PBR corporate tax cut, FDs predict. By Dan Martin
Although a third of finance directors believe a cut in corporation tax is needed to boost UK competitiveness, less than a tenth predict Gordon Brown will announce such a reduction in his pre-budget report (PBR), new research reveals.
A poll by accountants BDO Stoy Hayward found that for many FDs, the chancellor has failed to deliver with half claiming his policies have actually had a negative impact on British business.
Adding to several recent claims that the UK's international competitiveness is being eroded as a result of too high corporation tax levels, 30% of respondents said a cut in