British Chancellor announces cuts in corporation tax in Budget speech; 2011 deficit will be 9.9% of GDP
Mar 23rd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
British Chancellor George Osborne today announced cuts in the country's corporation tax rates in his Budget speech in the House of Commons. The 2011 budget deficit will be 9.9% of GDP (gross domestic product).