Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Prudential’s Thiam Tells Sky News U.K. Taxation Is ‘Too High’

March 9 (Bloomberg) -- Prudential Plc Chief Executive Officer Tidjane Thiam told Sky News in an interview that U.K. taxation is “too high,” saying “lower taxation drives growth, drives employment and leads to higher revenues for the government.”

Thiam said the U.K. has a “number of strengths” including its geographic location and labor market, and London is the “right location” for the company. “But as these various elements move,” Thiam said, “that conclusion may change.”

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.