Labour plans that would hit business hard

1. RAISE CORPORATION TAX Labour has pledged to increase it from 19 per cent to 26 per cent. This could mean the loss of thousands of jobs as firms cut wages, say think-tanks.

2. HIGHER TAX FOR THE RICH Corbyn will force the top 5 per cent of earners to pay more in an emergency budget. The threshold for the top 45p rate of income tax would drop from £150,000 to £80,000.

3. NATIONALISE INDUSTRY Plans to take back water, energy, rail and post services could cost up to £176billion.

4. UNIVERSAL BASIC INCOME Economists warn taxes would have to rise to fund it from the public purse.

5. DOUBLE THE MINIMUM WAGE FOR UNDER-18S This could deter employers from giving younger workers jobs.

6. FOUR-DAY WEEK Threeday weekend would hit productivity in businesses.

7. END TO SECONDARY PICKETING BAN Strikes could occur at firms where there are no pay or conditions disputes.