By reducing the profits UK owned businesses can make tax avoidance undermines investment and employment in the UK;
Actually, it’s the taxation of returns to investment which reduces investment.
No, not some neoliberal invention, that’s just the standard economics of taxation.
Tax fags and fewer people smoke. Tax petrol and fewer people drive shorter distances. Tax investment and fewer people invest less money.
You would have more investment and more employment if you did not tax investment therefore.