Tax tops risk issue for global businesses

High taxation is now the number one concern for European business, according to research carried out by Lloyds of London in conjunction with Ipsos MORI.

Lloyd's 2013 Risk Index report, based on a survey of more than 500 senior global business leaders, shows that worries about tax have risen from sixth on the list two years ago to first place, driven by 'prolonged public and political exposure and debate'.