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Magazine: 23 May 2015

Bucket 3

The Spectator

From magazine issue: 23 May 2015

Bucket 3 — ‘No, darling — it’s for filling with sand, not rattling at people for money.’

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How America plunders Britain’s tech economy

The UK government tells a confident story about Britain’s tech business acumen. In one 2023 example, a press release from Rishi Sunak invited investment in the tech sector, calling the UK an ‘island of innovation’. In it, he explained that the UK corporation tax rate was the lowest in the G7 and that the UK