HC Deb 05 December 2002 vol 395 c986W
17. Tony Baldry

To ask the Secretary of State for Trade and Industry what assessment she has made on the impact of business taxes on companies' decisions to locate in the UK. [83619]

Alan Johnson

According to the OECD, the UK has one of the lowest total tax burdens in the EU—far lower than the EU average. This has no doubt been an important factor in enabling the UK to take first place for share of EU total inward investment in 2001.