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BT CEO says UK taxes and rules are 10x higher than in Germany and Netherlands, hurting investment.
BT CEO Allison Kirkby says UK government taxes and compliance costs are ten times higher than in Germany and the Netherlands, hindering investment and economic growth.
She highlighted BT’s £25 billion investment in the UK’s largest fibre network, reaching 20 million homes with 38% uptake, but stressed that policy uncertainty and high costs deter further infrastructure development in telecoms, energy, transport, and water.
Calling current government-imposed costs "peak," she urged stable regulations and predictable returns ahead of the upcoming budget.
Her remarks align with broader concerns from business leaders about the UK’s competitiveness, as major firms cut investments and restructure amid regulatory and fiscal challenges.
El CEO de BT dice que los impuestos y reglas del Reino Unido son 10 veces más altos que en Alemania y los Países Bajos, perjudicando la inversión.