Comments on: Cayman Islands says competition prompts UK stance http://blogs.reuters.com/financial-regulatory-forum/2009/09/03/cayman-islands-says-competition-prompts-uk-stance/ Mon, 31 Oct 2016 15:40:16 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: J.S. Irvine http://blogs.reuters.com/financial-regulatory-forum/2009/09/03/cayman-islands-says-competition-prompts-uk-stance/comment-page-1/#comment-128 Thu, 03 Sep 2009 18:23:45 +0000 http://blogs.reuters.com/financial-regulatory-forum/?p=2327#comment-128 The sanctimonious approach from UK Government Minister Chris Bryant takes one’s breath away. After all his Westminister Government simply prints more money to dig themselves out of a self imposed hole.

As Chancellor Darling brings in a universally condemned 50% upper tax rate in the UK, both he and Mr Bryant are realising that no-tax and low-tax administrations are looking ever more attarctive to the UK’s wealth creators. The UK Government would be well advised to sort out their own fiscal/tax mess before they behave like 19th Century colonional overlords.

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