UK Business minister calls for emergency corporate and income tax cuts

Headlines crossing the wires via Reuters, citing that the UK business ministers have called for emergency corporate and income tax cuts in an effort to avert post-Brexit financial markets crisis.

Key Headlines:

UK Business minister calls for emergency corporate and income tax cuts

Wants tax cuts to avert a Brexit slump

Wants to set up a "Growing Britain Fund" worth £100bn

Says deficit could rise to 5%