Monday, April 28, 2008

CMP O'Asia?

Following the rebranding of CMP in the US where the name was dropped in favour of four, separate divisions, let us be the first to predict a more Irish flavour for the United Business Media's Asia subsidiary CMP Asia. The London Times reports that the company is planning to move its domicile away from the UK to escape the all too sticky fingers of Gordon Brown's Treasury.

We imagine that management hopes of compulsory Guiness at all Board meetings may be a little far-fetched. Basic business tax rates in Ireland are 12.5%. In the UK, they're 28%. Game over.

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