Pity Jeremy Hunt. He reminds me of the donkey in a game of Pinata, the game where players try to smash open the papier-mâché animal with a stick to get hold of the sweets hidden inside. As each day goes by, ahead of the Budget on 15 March, there are more players having a bash: the latest to pile on the pressure over the Chancellor’s ill-judged corporation tax raid is BT. Although not known for treading into the political arena, the telecoms giant has gone in for a full attack on Hunt’s plans, inherited from Rishi Sunak, to hike corporation tax from 19% to 25%. Not mincing his words, BT’s finance boss, Simon Lowth, warned that Britain is moving close towards a “cliff-edge deterioration in the tax environment for investment” and in a “drastically anti-investment direction.”