Labour promises not to vary corporation tax as Starmer woos business leaders

Labour leader Sir Keir Starmer hit out at the "chopping and changing" of corporation tax rates in recent years, as he promised business leaders Labour would offer stability and certainty over returns on their investment by holding the rate at 25% for the next Parliament. Sir Keir, whose party has made considerable strides in reassuring and winning over company bosses and City investors in recent years, said the “caricature that British business only serves the shareholder interest is lazy and out of date”. He also took a veiled swipe at his predecessor Jeremy Corbyn, telling the audience to chuckles: “Let’s imagine that you were invited to an event like this, a Labour business conference, before any of the changes to our party had taken place. “The question is, would you go?”