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Sunak pledges to cut taxes on R&D investment

Image: HM Treasury [CC BY-NC-ND 2.0], via Flickr

PM candidate: “Our companies don’t invest enough in R&D so we’re going to cut taxes”

Rishi Sunak has pledged to cut R&D taxes to boost the economy if he becomes the next UK prime minister.

Speaking at a Conservative Party leadership hustings in Exeter yesterday, Sunak said businesses do not invest enough in the UK because its tax system “is not generous enough”.

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