How a 'tax haven' Brexit threatens the UK's social model

Threat of tax haven model would be an adoption of the "race to the bottom" approach to globalisation

The threat that Britain might soon become a “corporate tax haven” – issued by its chancellor, Philip Hammond – revealed a fundamental truth about Brexit. This is not just a decision about the UK’s relationship with the European Union; it is also about what kind of economic and social model the UK will have in the future.

As the UK disengages from Europe, politicians have to consider how its role within the global economy will be redefined. This inevitably raises questions about its domestic policies and institutions, and how these might need to adjust to a