Support from our friends across the water

AT last some external support for this beleaguered economy for its uncompromising stance on the 12.5% corporation tax rate and its mission to get the borrowing rate on the bailout loans cut by 1%.

Common sense says there is little point in putting together a complex bailout package for any country if the terms of the deal result in driving the country and the economy into the ground.

On Thursday British Liberal MEP Sharon Bowles said we should not be forced to increase corporation tax in exchange for winning lower interest rates on our bailout loans.