George Osborne floats plan to cut UK corporation tax to 15pc - Business Matters

Mr Osborne, who had threatened tax and spending cuts through an emergency budget if Britain voted to leave, said he would wait for official forecasts before announcing any new measures.

He said Britain faced a “very challenging time” and urged the Bank of England to use its powers to avoid “a contraction of credit in the economy”.

Jonathan Isaby, chief executive of the TaxPayers’ Alliance, urged the Chancellor to “be bold and cut the rate to 10pc as soon as possible to really demonstrate that we are open for business”.

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George Osborne floats plan to cut UK corporation tax to 15pc - Business Matters
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