FREE now SUBSCRIBE Invalid email Make the most of your money by signing up to our newsletter fornow We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.

Rebecca Long-Bailey clashed with Iain Duncan Smith on BBC Two’s Daily Politics over taxation after the UK saw a growth in its economy despite the Brexit vote. The Salford and Eccles MP said: “Only a few weeks ago there was a leaked treasury document saying there was a £16billion gap in the public finances and the outlook for the finances was very worrying. “This was the direction of travel before Brexit so unfortunately the Government can’t use Brexit as an excuse for the situation that we’re in.” Ms Long-Bailey also bashed the former Secretary of State for Work and Pensions for backing cuts to corporation tax.

BBC/DAILY POLITICS Iain Duncan Smith clashes with Rebecca Long-Bailey over taxes

This was the direction of travel before Brexit so unfortunately the Government can’t use Brexit as an excuse for the situation that we’re in Labour MP Rebecca Long-Bailey

“I think in terms of corporation tax, Iain talked about these being beneficial policies for business, that’s certainly not the feedback we’re getting from businesses on the ground,” she said. “They want stability, they want direction from the Government that shows that they’re going to invest in the economy and provide the skills and infrastructure that businesses need to strive.” Mr Duncan Smith then repeatedly interrupted the Labour politician to ask if she would raise corporation tax. Ms Long-Bailey fired back and said: “I would think it would be better to invest in infrastructure and provide businesses with long-term stability that they require.

Brexit aftershocks: Who's next to leave the EU? Wed, September 14, 2016 Britain has voted to leave the EU. So who's next? We look at which European countries want to hold their own EU referendum. Play slideshow Express 1 of 10 Frexit, Nexit or Auxit? Who will be next to leave the EU