Whatever happened to Singapore on Thames? Weren’t we, after leaving the EU, supposed to be forging a future as a deregulated, low-tax, business-friendly enclave situated 20 miles off Calais? It isn’t quite looking that way at the moment. We are reinventing ourselves as Brussels on Thames – only more so.
Do our bureaucrats really need to come down so heavily on big players in the realm of cloud computing games?
Our corporation taxes are rising at a time others are static or falling, we keep inventing new regulations which far outdo EU regulations – such as that allowing new employees to demand flexible working. We are ploughing ahead with green measures such as the ban on petrol and diesel cars from 2030 while the EU has allowed some flexibility. And now comes Microsoft’s planned acquisition of computer gaming company Activision – which EU regulators have just approved while our own Competition and Markets Authority (CMA) continues to block.
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