Gideon Osborne has lowered the UK Corporation Tax rate to 21% (effective from March 2013).
Osborne Cuts Corporation Tax Rate to Boost U.K. Competitiveness - Bloomberg
Britain has now cut Corporation Tax rates from 26% to 24% and now to 21%.
Will this affect existing and more long term FDI to Ireland?
Will companies decide to locate (relocate) to a market which is closer to mainland Europe instead of Ireland?