Manufacturers publish tax manifesto to drive rebalanced economy

The UK’s tax system is tilted against manufacturing, stands in the way of growing a more balanced economy and needs major reform, according to a major report published today by EEF, the manufacturers’ organisation. The report ‘Tax reform for a balanced economy’ sets out measures that would provide an immediate boost to high-tech investment and innovation and create an internationally competitive tax system that helps to repair the public finances in the medium term. Commenting, EEF South East Region Director David Seall, said: “A modern, competitive tax system would not only re-balance our