Sir Tom and Lord Haughey, speaking on the Go Radio Business Show with Hunter & Haughey, pointed to the recently-published Oxford Economics report – titled Lessons from Ireland for Scotland’s Economy, A Paper for the Hunter Foundation – which revealed a key factor of Ireland’s economic transformation has been low corporation tax. READ MORE: Entrepreneurs must take ‘tough decisions’ as firms scale upEntrepreneur and philanthropist Sir Tom Hunter has called for UK corporation tax to be cut across key sectors in a bid to draw high-value investment. “My advice to government is to be bold, think big with big policies. “Specialise and become the best in the world,” he said. While Sir Tom admitted that a recent invitation businesses to meet with the First Minister was encouraging, the Fraser of Allander report was “damning”.
Source: The Herald September 05, 2023 16:20 UTC