http://www.lbc.co.uk/radio/presenters/nick-ferrari/twitters-hilarious-responses-diane-abbott-lbc/?utm_source=facebook.com&utm_medium=referral


What a melt

I think she was using Del Boys calculator. I would love to know what Nick Ferrari was actually thinking whilst the interview was taking place.

This is what the Tories announced last year about corporation tax. Don't forget that the reduction does not start until 2020. It seems that Labour are going to be spending this money 3 years early.

Budget 2016: corporation tax cut to 17%
Chancellor George Osborne announced a cut to corporation tax to 17% by April 2020 - according to Osborne, evidence shows that corporation tax – which was 28% at the start of the last parliament in 2010 - is ‘one of the most distortive and unproductive taxes there is’
 
16 Mar 2016

Penny Sukhraj
Content editor, Accountancy
View profile and articles.
The Exchequer has estimated that the reduction in the corporation tax rate to 17% will cost around £1.1bn in lost tax revenue from 2020.
‘The Chancellors 'modern tax code' for business is welcome. A further reduction in the corporate tax rate to 17% should continue to help the UK be the destination of choice for international business,’ said Mark Abbs, partner at Blick Rothenberg LLP.
‘A further reduction in the corporation tax rate to 17% closes the gap with Ireland to 4.5%, making the UK even more attractive for large international companies,” says Nimesh Shah, head of tax Blick Rothenberg LLP.
Vince McLoughlin, partner at business & tax advisory firm, Russell New, said: 'This move ensures Britain remains top of the league when it comes to attracting investment and continues to enhance the chancellor's message from the offset that “Britain is very much now open for business”.
'Let's remember, multinationals employ thousands of staff in the UK and further tax breaks such as this will only give them more room in which to expand and create more jobs and provide yet another boost to our economy.'

I think she was using Del Boys calculator. I would love to know what Nick Ferrari was actually thinking whilst the interview was taking place.

This is what the Tories announced last year about corporation tax. Don't forget that the reduction does not start until 2020. It seems that Labour are going to be spending this money 3 years early.

Budget 2016: corporation tax cut to 17%
Chancellor George Osborne announced a cut to corporation tax to 17% by April 2020 - according to Osborne, evidence shows that corporation tax – which was 28% at the start of the last parliament in 2010 - is ‘one of the most distortive and unproductive taxes there is’
 
16 Mar 2016

Penny Sukhraj
Content editor, Accountancy
View profile and articles.
The Exchequer has estimated that the reduction in the corporation tax rate to 17% will cost around £1.1bn in lost tax revenue from 2020.
‘The Chancellors 'modern tax code' for business is welcome. A further reduction in the corporate tax rate to 17% should continue to help the UK be the destination of choice for international business,’ said Mark Abbs, partner at Blick Rothenberg LLP.
‘A further reduction in the corporation tax rate to 17% closes the gap with Ireland to 4.5%, making the UK even more attractive for large international companies,” says Nimesh Shah, head of tax Blick Rothenberg LLP.
Vince McLoughlin, partner at business & tax advisory firm, Russell New, said: 'This move ensures Britain remains top of the league when it comes to attracting investment and continues to enhance the chancellor's message from the offset that “Britain is very much now open for business”.
'Let's remember, multinationals employ thousands of staff in the UK and further tax breaks such as this will only give them more room in which to expand and create more jobs and provide yet another boost to our economy.'

And who will the Tories clobber to pay the £1.1 billion pound short fall,obviously it will be those who least can afford it,disabled,unemployed and the working man on the street paying by reduced benefits and more tax.

She's their glorious leaders bit of fluff she's not there to do the thinking

That's not fluff, that's more like old perished rope.

And who will the Tories clobber to pay the £1.1 billion pound short fall,obviously it will be those who least can afford it,disabled,unemployed and the working man on the street paying by reduced benefits and more tax.

It can come from the EU subs we wont be paying soon

you don't get do you if we want to leave the EU we have to pay MORE not less