Labour to probe tax breaks for businesses

Treasury shadow chief secretary Seema Malhotra announces review of government support for enterprise

Labour will launch a detailed review of the multitude of tax breaks offered to Britain's businesses, as the party seeks to craft a distinctive Corbynite economic policy, according to shadow chief secretary to the Treasury Seema Malhotra.

In an interview with the Observer, Malhotra said business reliefs, which allow companies to reduce how much they owe the taxman, should be subject to the same scrutiny as any other area of public spending.

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