HC Deb 14 April 1994 vol 241 c274W
15. Mr. Sweeney

To ask the Chancellor of the Exchequer what evidence he has that the business taxation regime has encouraged inward investment into Britain; and if he will make a statement.

Mr. Kenneth Clarke

The United Kingdom has the lowest rate of corporation tax in the EC and G7. This has undoubtedly contributed to the United Kingdom's success in attracting inward investment.