Concerns over tax levels, regulation, poor transport infrastructure and low
levels of productivity have seen the UK slip from fourth to seventh in the
latest survey of 82 countries by the Economist Intelligence Unit.
The survey ranked countries on how much foreign investment they were likely
to receive over the next five years. Denmark retained the top spot, while the US
was ranked below the UK at eighth.
Finland, Holland and Ireland have all surpassed the UK as more attractive
destinations for overseas equity.
The report did say that the UK was still a ‘very attractive’ place for
foreign investment and praised it for being one of the world’s most open
Six months ago, a survey by the World Economic Forum revealed that the UK had
the 13th most competitive economy in the world in 2004, a drop of two places
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements