TaxCorporate TaxLiam Fox calls for business tax cuts

Liam Fox calls for business tax cuts

Former defence secretary urges chancellor George Osborne to cut employers' national insurance contributions and simplify labour laws

Liam Fox calls for business tax cuts

LIAM FOX has called on Chancellor George Osborne to ease the tax burden on business in next month’s Budget.

The former defence secretary also also wants changes to the labour market to make it easier to hire and fire employees.

The Tory MP argued in the Financial Times for further public spending cuts to fund employment tax reductions.

It is Mr Fox’s first major political intervention since he resigned from the cabinet in October.

In the FT, Mr Fox said it was “too difficult to hire and too fire and too expensive to take on new empployees.”

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