Labour makes surprise 25% corporation tax pledge in new City charm offensive
Labour vowed on Thursday to cap corporation tax at its current rate of 25 per cent if it wins power this year, as the party wooed big business at a London conference with vows of sound economic stewardship.
Sir Keir Starmer and shadow chancellor Rachel Reeves extended their City outreach at the gathering of some 400 corporate big-hitters, also vowing to bring more women including women of colour into boardrooms.
The party released a new plan for , authored by shadow City minister , that promised to streamline regulations with a pledge to cut out “outdated and prescriptive rules” at the (FCA).
