Labour pledges to cap corporation tax at 25% and introduce a National Wealth Fund as part of its "national renewal" plan.

Labour to focus on 'wealth creation' as key element of manifesto, aiming for economic stability and long-term certainty for businesses through capping corporation tax at 25%. This forms part of their "national renewal" plan, revealed during an event in Manchester, with other measures including a new industrial strategy, a National Wealth Fund, and a new ten-year infrastructure strategy.

June 12, 2024
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