Business Tax Increases Must End: UK Industry Group

The City of London financial district can be seen as people walk along the south side of the River Thames, in London on March 19, 2021. Henry Nicholls/Reuters

A leading British industry group has urged the government to reward companies that continue investing instead of raising business taxes further.

Tony Danker, director-general of the Confederation of British Industry (CBI), said on Monday that UK businesses are willing to pay their fair share to help the country recover from the CCP (Chinese Communist Party) virus pandemic, but are worried that the government would keep turning to business taxes as a politically convenient option.