Labour would revive Boris Johnson’s plans to raise corporation tax to 25 per cent, Rachel Reeves said on Monday .
The shadow chancellor attacked Liz Truss’s decision to scrap the rise as “wrong” and said it would not boost investment as promised.
Speaking at the party’s conference in Liverpool , she accused the Prime Minister of being “reckless and irresponsible” with the economy .Ms Reeves said that, while Labour supported the 1p reduction in basic income tax, it opposed the other cuts announced by the Government .“When I talk to businesses, they don’t tell me that their priority is corporation tax,” […]
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