Top tax cut on IoD autumn statement wishlist

Simon Walker will tell the institute's annual dinner that attracting business and investment to Britain must be at the centre of government policy. "We've got a lot to do and lot to undo," Walker will say, according to the Times. He will urge the Chancellor to announce an intention to reduce the rate of corporation tax to 15% by 2020. George Osborne has said that the tax rate will be reduced from the present 26% to 23% by 2014. "A 15% corporation tax would act like a magnet, boosting domestic business and attracting global capital into the UK," he said ahead of next Tuesday's autumn s...