WPP Group's Sir Martin Sorrell has forecast that more companies will move out of the UK to avoid new taxation rules on foreign profits.
Sorrell announced last week that the WPP Group, the world's second-biggest marketing services company, was moving its headquarters to Ireland following the threat of a higher Corporation Tax bill. The London Mayor, Boris Johnson, urged the Government to rethink its strategy to prevent more companies following suit.
Join a growing community of media, marketing and advertising professionals today
Read exclusive registrant only articles
Read more articles each month
Sign up for free specialised news bulletins
Register NowGet the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk, plus get exclusive discounts to Campaign events.
Become a memberOur new premium service offering bespoke monitoring reports for your company.
Find out moreGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an alert now
