CITY VIEWS: DO YOU BELIEVE DAVID CAMERON’S PROMISE TO REDUCE CORPORATION TAX?
FRÉDÉRIC BOURQUIN SOCIÉTÉ GÉNÉRALE
“I’ve lost faith in politicians, who have become increasingly concerned with career-orientated status. However, Cameron’s effort to regain the traction the UK offers to companies sounds like a good idea at a corporate level, though on a personal level it may not filter down.”
GARI MPARUTSA ACCENTURE
“I think he will deliver on it, but only to show he is different from the previous administration. The reduction won’t make a huge impact – it will help small firms but would not affect most large corporations as there are so many other factors involved in locating a business.”
STEPHEN GALE WINDSOR INSURANCE
“I think Cameron will deliver on his promise. The corporation tax cut will help to get the economy going again but it’s got to be part of a package. However, I think axing the 50 per cent income tax rate would be more useful in stopping the exodus of talent leaving the UK.”