Very cool, if true

There's no obligation on a business to carry on a loss-making project (or indeed a profit-making project). Shutting down loss-making projects is a thing that businesses do all the time. They take into account any tax reliefs that they may get when calculating whether a project will ultimately make them a loss or a profit. This is not tax avoidance, it is tax planning.

The rubric to the report here gives a brief description of avoidance: https://commonslibrary.parliament.uk/research-briefings/cbp-7948/