UK Prime Minister <name>Theresa May</name> and opposition leader <name>Jeremy Corbyn</name> both spoke at the annual Confederation of British Industry conference today, talking about Britain after its planned 'Brexit' from the European Union, and future plans for business.

<name>May</name> formally announced plans to cut corporation tax from 20%, without giving details, in order to discourage businesses from leaving the UK post-Brexit. <name>Corbyn</name> said in his speech he believes investment by the government on things such as infrastructure improvements is shared ground between Labour and businesses but "businesses will need to contribute" meaning "some increase in corporation tax" under his administration.

<name>Theresa May</name> also toned down plans to put ordinary workers on corporate boards, a campaign promise from running to become leader of the ruling Conservative Party. She said she is working to create a "model that works for everyone" after consulting firms and the general public, with possible plans including panels or advisory committees. The General Secretary of the Trades Union Congress responded by saying "<name>Theresa May</name> made a clear promise to have workers represented on company boards [...] This is not the way to show that you want to govern for ordinary working people." <name>Jeremy Corbyn</name> also criticised this announcement saying "we need to see genuine employee representation at board level, which the prime minister promised, but I see is already backing away from."