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In the News

Corporation Tax Cuts and the UK Current Account Deficit

Geoff Riley

24th February 2016

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In this new blog, Ed Conway from Sky digs deeper into the latest IMF working report on the UK economy to focus on the fact that in 2014, the UK economy ran the highest current account deficit of developed countries (if one measures the external trade gap as a share of national income GDP). Might the cuts in corporation tax have played a role in the significant worsening in the net flow of property income coming into the UK economy? Read the blog article here.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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