Undertaxed and over here: why the UK welcomes US mega firms | Phillip Inman

Undertaxed and over here: why the UK welcomes US mega firms | Phillip Inman

Amazon and Google may be the most visible, but our lack of investment and regulation has let myriad American companies take over too much of UK life

Americans love Britain, and in many ways the British admire Americans, but the benefits of the relationship are becoming increasingly one-way.

That’s the argument set out in a book published next month documenting how US companies have made inroads into the UK economy by exploiting a desperate need for investment, weak regulation and a public that seems oblivious to the cost to themselves and, ultimately, the economy.

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