Industrial group threatens to abandon UK

Industrial group Smiths today signalled that it may become the latest company to join the tax exodus from the UK.

Industrial group threatens to abandon UK
Tue, 03 Jun, 2008 - 15:04

Industrial group Smiths today signalled that it may become the latest company to join the tax exodus from the UK.

The firm said that while there was "no current intention" to move, it was "closely monitoring" possible changes to UK tax laws due to the high profits it makes overseas following last year's sale of Smiths Aerospace.

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