Rachel Reeves vows to cap corporation tax for five years after Tory U-turns

Contributing sentiments towards policy:

68% : We reject the calls from those on the right wing of the Conservative Party to cut corporation tax.
54% : Rachel Reeves has vowed to cap corporation tax if Labour wins the next general election.
50% : "The next Labour government will make the pro-business choice and the pro-growth choice: We will cap the headline rate of corporation tax at its current rate of 25% for the next parliament.
48% : In spring 2021 the then-Chancellor Rishi Sunak announced a hike in corporation tax from 19% to 25% on profits of more than £250,000 by April 2023.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.