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60 Sec Elec Monday 18 November: Back to business

Get the Midlands politics in a minute Credit: ITV News Central

In an attempt to win over support from industries, the leaders of the Conservatives, Labour and Lib Democrats have each made a speech at the annual CBI (Confederation of British Industry) Annual Conference.

Watch today's 60 Sec Elec political round-up below:

Boris Johnson took to the stage first to declare he would not introduce a corporation tax cut form 19% to 17% next year. Instead he plans to save £6 billion for public services such as the NHS.

He called the decision the "fiscally responsible thing to do at the present time".

Meanwhile, Labour leader Jeremy Corbyn promised to put an end to the "tax tricks" that allow the "biggest corporations to avoid paying their way".

In his speech he said “it’s not anti-business to say that the largest corporations should pay their taxes just as smaller companies do.

"And it’s not anti-business to want prosperity in every part of the country, not only in the financial centres in the city of London."

Corbyn also confirmed plans to deliver a new 'climate apprenticeship programme' which will offer 320,000 apprenticeships in England if his party wins the election. He says that 80,000 people will be trained each year.

As well as vowing to stop Brexit, Lib Dem leader Jo Swinson pledged to scrap business rates if voted into power. She announced to the CBI her party would scrap business rates to support small businesses and "breathe new life into our high streets".

She said: "The Liberal Democrats are committed to supporting small businesses who are the engine of our economy.

"That's why the Liberal Democrats would scrap business rates and replace them with a commercial landowner levy.

"It will shift the burden from the tenant to the landlord so that we can breathe new life into our high streets."

Helping small businesses: watch a report from our Political Correspondent Alison Mackenzie:

Meanwhile, Brexit Party leader Nigel Farage was not at the conference, but he took to social media to talk about the event. He said small and medium sized enterprises would in fact benefit from a 'clean break with EU rules.

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