Johnson and Corbyn address UK Business Community

epa07940996 Parliament in London, Britain, 22 October 2019. MPs (Members of Parliament) are set to vote on British Prime Minister Boris Johnson's Brexit timetable on 22 October. EPA-EFE/ANDY RAIN

Reading Time: < 1 minute

Boris Johnson has pledged to postpone cuts to corporation tax, as he and Jeremy Corbyn both made their election pitch to business bosses.

The Conservative Party leader declared he was going to keep the rate all firms pay on their profits at current levels indefinitely.

Johnson told the Confederation of British Industry (CBI) that “before you storm the stage and protest”, the move would generate £6bn to spend on “priorities” like the NHS.

Carolyn Fairbairn, head of the CBI, said it “could work” if there were other announcements to help businesses and promote growth.


Meanwhile Jeremy Corbyn told the CBI business conference that it is “nonsense” that he is anti-business.


Meawhile a large majority of Leave voters think the breakup of the United Kingdom is a price worth paying for Brexit, according to a Sky News poll. Leave voters were asked if they thought Scotland becoming independent would be a price worth paying for delivering Brexit – 41% said yes, while only 18% said no.

Developing story 

Via Sky / Reuters

%d bloggers like this: