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| Name | Johnson, Corbyn, Swinson, Allan at CBI conference |
| Video Uploader | Video From AP Archive |
| Upload Date | This Video Uploaded At 23-11-2019 11:33:36 |
| Video Discription | (18 Nov 2019) UK Prime Minister Boris Johnson, Labour Party leader Jeremy Corbyn and Liberal Democrat leader Jo Swinson addressed a conference of employers' group the Confederation of British Industry (CBI) on Monday. Johnson promised to cut a tax paid by businesses with bricks-and-mortar premises but announced a proposal to postpone a planned reduction in corporation tax, which had been due to fall from 19 percent to 17 percent next year. He said putting the cut on hold was the fiscally responsible thing to do and would allow more investment in the National Health Service (NHS). Corbyn meanwhile said a Labour government would increase corporation tax to no higher than the 2010 levels. "I think our economy needs that and it is a necessary thing to do," he added. Swinson, whose party currently holds just 20 of the 650 House of Commons seats, pledged that the Liberal Democrat "would scrap business rates and replace them with a commercial landowner levy." She said this would help small businesses as this would shift the burden from tenants to the landowner. Businesses, meanwhile, are wary of all sides. John Allan, Tesco's chairman and CBI President said "no party has the answers" for Brexit, urging politicians to "have an honest conversation" as negotiations with the EU would continue for years to come. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/9c6c9da3a9dc4a29adba0d8e8297406c |
| Category | News & Politics |
| Tags | AP Archive | 4240527 | 9c6c9da3a9dc4a29adba0d8e8297406c | UK CBI | United Kingdom | Western Europe | London | England | Boris Johnson | Jeremy Corbyn | Jo Swinson | Government and politics | Brexit | Business |
