Schaeuble says Britain should not use corporate tax rates to gain advantage

DAVOS, Switzerland (Reuters) - German Finance Minister Wolfgang Schaeuble said at the World Economic Forum in Davos on Thursday that Britain should not try to gain competitive advantage by cutting corporate tax rates.

Schaeuble said G20 countries had agreed not to take such steps and that he would remind Britain of this.

(Reporting by Noah Barkin and Sujata Rao)