The Tories need to hammer home that tax cuts will stimulate growth

George Osborne saved the 2007 Tory conference with a tax cut. He’s recalling that mood today, elaborating on the plans to cut corporation tax which – as James detailed a while ago – will be the backbone of his first budget. Now, you may think: we know all this. Osborne has said he’d cut corporation tax from 28p to 25p and cutting the small companies rate to 20p.