Sources have added that Downing Street has signaled it would welcome any company and there is huge reception to the UK, just hours after an unprecedented EU tax decision left a question mark over Apple’s future in Ireland.
Meanwhile Chancellor Philip Hammond has already raised fears of a European ‘tax war’ and drawn criticism from one EU leader after saying the UK is ready to bolster the British economy with business levy cuts.
The European Commission has said the 'sweetheart' deal Ireland which was made with Apple had allowed the company to unlawfully avoid paying some £11bn in tax and its decision was a major blow for Ireland, which has sought to attract inward investment by lowering its corporation tax rate to 12.5%.
Even the Swedish Prime Minister Stefan Lofven has previously warned Britain against “aggressiveness” in slashing corporate tax cuts during Brexit talks and Mr Lofven has made his comments after being asked how Brexit negotiations would proceed.
