B&Q owner Kingfisher is considering moving its tax domicile abroad in order to lower costs. Auditor for Kingfisher, PricewaterhouseCoopers is reviewing the benefits of moving the headquarters to an offshore base as an attempt to save money. This year has already seen Regus, the serviced office company, Charter, the engineering company and Henderson, the asset management group move abroad. The decision, although reported to be at 'early stages', comes at a time when Gordon Brown is facing increasing pressure to turn the economy around and sets out even more challenges to be considered by the government. If the move goes ahead, it would fit in with the strategy laid out in the Kingfisher annual report by new chief executive Ian Cheshire, who has already introduced higher hurdle rates to drive quicker capital returns, and has set lowering debt as a priority.