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Europe Daily Bulletin No. 11704

17 January 2017
INSTITUTIONAL / United kingdom
In a threat to EU, United Kingdom says it will become tax haven if its wishes are not met
Brussels, 16/01/2017 (Agence Europe)

On Tuesday, the British Prime Minister, Theresa May, will make her first strategic speech on her country leaving the EU. This will follow the threat made by the British Chancellor of the Exchequer, Philip Hammond, to the EU on Sunday 15 January, to transform the United Kingdom into a tax haven if the EU 27 did not meet London’s demands.

In an interview to the German newspaper, Welt am Sonntag, Hammond warned his European counterparts that although he preferred to keep his country in a...

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