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Gordon Brown: Labour can only deliver principles in power

Former prime minister Gordon Brown has said Labour can only deliver on its principles in power as he made a high-profile intervention in the leadership contest with a keynote speech.

Mr Brown said he did not aim to attack any of the candidates in a speech that set out to clearly distance himself from support for frontrunner Jeremy Corbyn.

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Corbyn sets out agenda for 'better business'

Corbyn promises to create a level playing field between small businesses and corporations. Credit: PA

Jeremy Corbyn will today set out his plans for "better business" promising to stand up for small businesses and clamp down on corporate tax avoiders.

It comes as former prime minister and chancellor Gordon Brown prepares to give a speech on the future of the Labour Party this afternoon.

Among the proposed policies are a freeze on tax rates for small businesses, a national investment bank, fair rents for local shops and more resources for HMRC to tackle corporate tax avoidance.

The current government seems to think 'pro-business' means giving a green light to corporate tax avoiders and private monopolies.

I will stand up for small businesses, independent entrepreneurs, and the growing number of enterprises that want to cooperate and innovate for the public good.

– Jeremy Corbyn, speaking to The Observer

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