Gordon Brown is presiding over an unhealthy culture of excessive taxation and red tape, former chancellor Nigel Lawson has claimed.
In the latest criticism that Browns tax policies are driving businesses out of the UK and threatening Londons position as one of the world's leading financial centres, Lord Lawson called on Brown to slash taxes.
Writing in a pamphlet published by the Centre for Policy Studies (CPS), Lawson said: "Over the past ten years both the burden and the complexity have greatly increased the latter mind-bogglingly so. This process badly needs to be reversed."
Lawson said the current level of taxation and regulation is threatening to undo many of the so-called 'Big Bang' reforms to the London Stock Exchange which he introduced as chancellor during the 1980s.
"Changes since 1...