Labour and Conservative comments from CBI Conference

Labour and Conservative comments from CBI Conference

Overview

At the CBI conference [yesterday] Jeremy Corbyn told delegates that those at the top will have to pay their 'fair share' under a Labour administration. But he said that he would work closely with business "because it’s in our common interest to build the high skills green economy of the future".

In his speech to the conference Boris Johnson pledged to cut business taxes such as Business Rates and NI contributions. This is in addition to his reversal of the planned corporation tax cut (see our post here). In his Q&A session he was asked whether he would abolish Entrepreneurs' Relief (as called for by Sir Edward Troup, the former Executive Chair of HMRC (see our post here)) but he would not be drawn.

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