Reeves: Labour would not raise corporation tax

Rachel Reeves says Labour would not hike the rate of corporation tax during its first parliament if it wins the next election.

In a speech to Labour's business conference, the shadow chancellor promised to be a “pro-business party”.

She added: “There have been 26 changes to our corporation tax arrangements in this Parliament alone.

We can't go on like this.” Report by Jonesia.

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