The prime minister has said the UK is “perfectly entitled” to demand change, reports The BBC.
But leaders including Virgin’s Sir Richard Branson and BT’s Sir Michael Rake say calls for “wholesale” revision could mean “damaging uncertainty”.
Billions of pounds in taxes could be lost, they told the Financial Times.
While we are told day after day that not only is Europe 'fixed' but that Cyprus was not a template, it seems the bankers in the peripheral nations are a little less confident (never mind their record amount of reach-around-based domestic bond buying).
TORONTO — Ontario’s New Democrats are warning they are prepared to trigger an election if the minority Liberal government raises taxes in the spring budget.
The Progressive Conservatives want an election as soon as possible, so if the Liberals can’t secure another deal with the NDP, the budget — and the government — will be defeated.
Premier Kathleen Wynne has said the Liberals want to find new sources of revenue to fund public transit and to create an Ontario Pension Plan, which would require payments from workers and employers.