Liz Truss calls on Chancellor to cut corporation tax
Video Credit: ODN - Duration: 02:05s - Published
Liz Truss calls on Chancellor to cut corporation tax
Liz Truss called on Chancellor Jeremy Hunt to cut corporation tax in November's autumn statement.
Speaking at the Great British Growth Rally event at the Conservative Party conference, the former prime minister said: “I'm calling upon the Chancellor at the Autumn Statement to put corporation tax back down to 19%.” Report by Covellm.
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Chancellor Jeremy Hunt has left No 11 with his family after Labour's landslide general election win. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt has admitted the Conservative Party are the "underdogs" in the upcoming general election and that winning it "is going to be very tough". Speaking at the Times CEO Summit in London, the chancellor added that he spent his entire first week as Liz Truss' chancellor "unpicking" the former prime minister's mini-budget. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt says he is "fighting for every vote" in his South West Surrey constituency, which has a notional majority of more than 10,000. The chancellor says he thinks he can win the seat but that it is "on a knife edge". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt says the "difficult decisions" the Conservative Party has taken on the economy have "paid off", as inflation returns to the 2% target for the first time in almost three years. The chancellor adds, "that would not have happened under Labour" and that it would be a "terrible shame to turn the clock back" if Labour was to win the upcoming general election. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Reacting to the fall in inflation to 2.3%, Labour’s Rachel Reeves says it “not the time for a victory lap and popping champagne corks” as “working families and pensioners are still worse off”. The shadow chancellor insists her party is "much more ambitious for the country than Rishi Sunak and Jeremy Hunt seem to be". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour leader Sir Keir Starmer refrained from commenting on Rishi Sunak's upbringing but criticised Sunak's performance as Prime Minister, likening him to Liz Truss with "unfunded promises." Starmer emphasised the need for change, highlighting Labour's forthcoming manifesto, which he promises will offer hope and outline steps to rebuild the country from day one if elected. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bowie praised Conservatives' record on defence, calling UK's military one of ''the most advanced and well-equiped'' in the world. The shadow veterans' minister also urged Labour to commit to spending 2.5% of GDP on defence. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Conservative Party received a ÂŁ50,000 donation from a firm linked to convicted billionaire businessman Prakash Hinduja, new figures show. Sky News
Rishi Sunak has been urged to stay on as Conservative leader until November amid divisions within the party over how long the contest to replace him should take. Sky News
Justice Secretary Shabana Mahmood condemns the Conservative party for leaving prisons “at the point of collapse”. She said, "this crisis is now very close indeed" as she announced a temporary change in the law.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Treasury minister Gareth Davies says that the selection of a new Tory party leader may take time, so the party can ensure the "right person" is picked who would be able to "rebuild trust" in the Conservatives. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers depart Downing Street following a Cabinet meeting, passing Larry, the Chief Mouser, in the doorway. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Gareth Southgate has resigned as manager of the England men’s national football team after almost eight years at the helm. It comes just two days after England’s defeat to Spain in the final of Euro 2024. Despite that disappointment, Southgate has taken the Three Lions to two European Championship finals and a World Cup semi-final during his time in charge. Prince William, President of the Football Association (FA), tweeted his thanks to Southgate for his leadership. The FA says the process to appoint Southgate’s successor has begun, and they aim to have a new manager confirmed as soon as possible. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer chairs a Cabinet meeting in Downing Street. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
When asked about the upcoming election in the United States, James Murray emphasised the importance of working on relationship between the UK and US which is ''more important than any individual person''. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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