§ 19. Mr. ForthTo ask the Chancellor of the Exchequer what assessment he has made of the effect of the tax changes since May 1997 on the competitiveness of British industry. [121390]
§ Dawn PrimaroloDetails of the Budget measures can be found in the relevant tables of the July 1997, March 1998, 1999 and 2000 Red Book. Our corporation tax rate is the lowest ever and lowest among major industrialised countries. The combination of this rate and other Budget measures have enhanced the UK tax system, providing an improved environment for UK business to compete.