Following UK PM Cameron’s recent rhetoric on tax avoidance the president of the Confederation of British Industry, Sir Roger Carr, has warned that the attacks, essentially politically motivated, could do more damage than good for the UK.
He has said that Mr Cameron shoud ” avoid the moral debate” and focus more on implementing policy.
“As politicians pursue fairness, it is important that any criticisms are grounded in fact and hasty solutions or political point-scoring do not trigger long term unintended consequences.
The CBI chief makes it clear he “does not condone abusive tax avoidance” but that management should be left to choose what is acceptable within the legal framework.
Full story from The Telegraph here