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London could move towards a Singapore-style approach to its tonnage tax regime once it leaves the European Union and is no longer subject to EU state aid regulations. Photo: Diliff/Creative Commons

Singapore-on-Thames? UK eyes tonnage tax changes but not everyone is happy

Sources have said the proposals were mistimed and could create greater friction with Europe during a critical time in Brexit negotiations

16 December 2020 11:57 GMT Updated 16 December 2020 17:17 GMT

By Holly Birkett

and Paul Berrill

in London

The UK is looking to turn around the collapse of its shipping register ahead of Brexit with plans

Regulation

Singapore-on-Thames? UK eyes tonnage tax changes but not everyone is happy