Tuesday, 9 November 2010

The Best The UK Can Manage Is Fourth Out Of Six

The Adam Smith Institute has posted on a report by the Institute of Chartered Acountants which contains a section on how businesses in different global regions view their ‘regulatory and taxation environment'.

The ASI reports:
  • On employment tax, the UK ranks fifth out of the six surveyed regions (excluding the Hong Kong-Singapore-Malaysia sub-region), with the only EU businesses more negative about it.
  • On employment legislation, the UK ranks fourth out of six, with only EU and African businesses more negative about it.
  • On business tax changes, the UK ranks sixth out of six.
  • On planning regulations, the UK ranks fifth out of six, with only African businesses more negative.
  • On financial reporting requirements, the UK ranks sixth out of six.
  • On corporate governance requirements, the UK ranks fifth out of six, with only US businesses more negative.
  • On health and safety regulations, the UK ranks sixth out of six.
  • On environmental law, the UK ranks sixth out of six.
  • On CSR reporting requirements, the UK ranks sixth out of six.
 Should make Cameron's trip to China, to 'sell' Britain, a piece of cake then!

2 comments:

subrosa said...

It certainly won't be a fried rice special.

Do Chinese restaurants still offer that dish? I used to love it.

If not, then he may be returning with barbequed spare ribs.

Witterings From Witney said...

In answer to your question SR, I do not know, only having eaten that much once in my life over 40 years ago!

As to barbequed spare ribs, more likely that he will return, unfortunately, with the addled brain he took out there!