Another day, another major company moves its HQ out of the UK to a lower tax location. The latest to join the 'taxodus' is Informa, the FTSE 250-listed publisher and conference organiser.
In the last year, WPP, Shire, Regus, Henderson, Charter, Beazley, Brit Insurance and UBM have all announced that they were moving their tax base out of the UK.
When will politicians realise that the wealth-creators that provide jobs and prosperity are in great demand nowadays and if we don't look after them, someone else always will.