24/09/2013

Labour Vows To Help Small Businesses

Some 1.5 million small businesses in England have been promised relief should Labour win the next election, with Ed Miliband vowing to reverse a planned increase in business rates.

Miliband said the party would pay for the move by also reversing a planned UK-wide corporation tax cut for "big business".

The Labour leader is due to announce his planned during his speech to the annual Labour conference in Brighton.

It is understood that Miliband hopes to build on his 'One Nation Labour Party' unveiled at last years conference.

Critics however have called the move "economics incompetence".

(MH/CD)

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