Would be the only major economy to shrink this year. and it is a mirage. as noted in the ft in november, britain is starting to look more and more like a pail imitator of europe. post-brexit, they have presided over significant tax hikes an the budget on wednesday included a rise in the corporate tax rate from 19% to 25%, by 2028, the tax burden, the tax revenue as a proportion of gdp will be risen to nearly 38%, up 5 percentage points from 2016. according to the u.k. office for budget responsibility, this will make the tax burden britain's highest since world war ii, spending will rise to the...