The UK Labour Party is planning to increase the corporation tax as part of efforts to improve the country's education system. While speaking at an annual conference in Liverpool on 28 September 2016, Labour Party leader Jeremy Corbyn announced that the party is pledging to raise corporation tax by less than 1.5% to fund a national education service to provide allowances for students and grants to universities to help cover education costs. As framed by Corbyn in his speech, businesses should …