UK News - Boris Johnson

Subscribe to Newsletter

Subscribe to our daily curated newsletter to receive the latest of Politicoscope top politics stories delivered to your email inbox.

British Prime Minister Boris Johnson said on Monday he was putting on hold further cuts in corporation tax and told voters he would pump the money into services such as health instead, addressing a central issue in the Dec. 12 election.

“We are postponing further cuts in corporation tax,” Boris Johnson told business leaders at a conference organised by Britain’s main business lobby, the CBI.

“This saves 6 billion pounds that we can put into the priorities of the British people, including the NHS (National Health Service),” he said.

Britain had been due to cut its corporation tax rate to 17% next year, down from 19% now, which is already one of the lowest among the world’s big industrialised economies.

Trending News 🔥

  • Britain’s Global Reputation Slides Down With Parliament Shutdown
    It's long been known that Britain's Parliament building must be vacated for urgent repairs that will take years and cost billions, but the problem now goes beyond the water leaks and vermin infestation to Britain's global reputation as a model of democracy-in-action.In parts of the world where Britain's parliamentary system and adherence to the rule of law provided a model to emerging nations, Pri...
  • Boris Johnson Says He is Nervous
    British Prime Minister Boris Johnson said he was nervous about his narrowing lead in opinion polls ahead of Thursday’s election but pledged to deliver a “transformative” Brexit that will allow lower immigration. The Dec. 12 election will decide the fate of Brexit and the world’s fifth-largest economy with a stark choice between Johnson’s pro-market Conservatives and the socialist-led opposition La...
  • The Battle to Stop Brexit Now Over
    Britain took a big step towards the European Union exit door on Friday when lawmakers gave preliminary approval to Conservative Prime Minister Boris Johnson’s EU divorce bill in a decisive vote that broke years of political deadlock over Brexit. The House of Commons, with its Conservative ranks swollen after Johnson’s election victory last week, voted 358-234 for the Withdrawal Agreement Bill, cle...

Johnson has faced questions about how he would pay for the extra public spending that he has promised, without ramping up borrowing sharply.

In September, his finance minister Sajid Javid announced the biggest increase in day-to-day spending in 15 years in what was widely seen as an attempt to counter the spending promises of the left-wing opposition Labour Party.

Johnson’s announcement received a cautious welcome from the head of the CBI.

“Postponing further cuts to corporation tax to invest in public services could work for the country if it is backed by further efforts to the costs of doing business and promote growth,” Carolyn Fairbairn said in a statement.

Most Popular

Thank you for visiting Politicoscope.com. Show your strong support.
+ Share this content with friends or Leave your comment below.
+ Subscribe for content like this and more.
+ Submit news or tips.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.