Rachel Reeves says Labour would not hike the rate of corporation tax during its first parliament if it wins the next election. In a speech to Labour's business conference, the shadow chancellor promised to be a “pro-business party”. She added: “There have been 26 changes to our corporation tax arrangements in this Parliament alone. We can't go on like this.” Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn