Sunday July 12, 2020

British politicians are tone-deaf to FDI

Extraordinarily, the British parties‘ election manifestos don‘t seem too bothered with the competition for attracting foreign direct investment

1st December, 2019
Labour leader Jeremy Corbyn with Prime Minister Boris Johnson. Picture: PA Wire

Britain, as the Brexit process constantly reminds us, is our largest trading partner. It is also one of our major competitors.

The prospect of Brexit, particularly a crash-out hard Brexit, rightly put the frighteners on everybody, so much so that finance minister Paschal Donohoe could push a budget through the Dáil with almost no tax benefits for everyone - other than the self-employed - with scarcely a murmur of dissent.

Brexit or not,...

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