More British blue chips view Ireland

MORE British-based firms have joined the list of companies considering a move to Ireland for tax purposes.

The chief executive of Amlin, the biggest British-listed Lloyd’s insurer, told the Financial Times that if changes were made to how foreign profits were taxed this would be likely to tip the balance against it staying in Britain.

Charles Philipps added Amlin would rather stay in Britain from a management perspective but said it was examining other jurisdictions such as Ireland, Switzerland and Bermuda.