Shadow Chancellor Ed Balls is to set out how Labour would help nurture British business by maintaining the lowest rate of corporation tax in the G7 group of major industrialised nations.
At a speech in London, Mr Balls will say: "The last Labour Government left Britain with the most competitive rate of corporation tax in the G7 and we are committed to maintaining that position."
However he will also argue that a further cut in corporation tax next year is not "the right priority", instead committing Labour to a freeze on business rates that would affect 1.5 million business properties.
He will say the aim of Labour's business tax approach will be to make the UK "a great place to do business, not simply a cheap place to shift their profits".
More top news
Broadcaster PBS halted distribution of his nightly interview show and CBS News immediately suspended the 75-year-old.
Twenty years ago I reported from Mostar at the end of the Bosnian War. I returned to be reunited with some of the children I filmed then.
The alarm was raised shortly before 2am on Tuesday. Some 20 people reportedly exited the building before crews arrived.