BUSINESS LIVE: Corporation tax hike fears; Evri hiring spree

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Evri, Pearson, Cranswick and Entain. Read the Monday 29 July Business Live blog below.

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Almost one in three bosses pessimistic Labour will hike corporation tax

Almost one in three bosses are pessimistic Labour will hike corporation tax.

In a survey of company leaders, 29 per cent said they believed the profit levy was the most likely to be increased over the next five years.

Keir Starmer’s government has insisted it will cap the rate for the duration of this Parliament.

But the poll of 500 bosses from consultancy BDO revealed wariness towards this pledge.