Boris Johnson pledges to postpone further cuts to corporation tax

The video discusses government plans to cut business rates, especially for SMEs, to boost the High Street and ease hiring by reducing National Insurance contributions. It highlights increased reliefs for new business buildings and a doubling of R&D funding to £18 billion. The government emphasizes fiscal prudence and prioritizes NHS funding, postponing further corporation tax cuts to save £6 billion for public priorities.

How does the government plan to use the savings from postponing corporation tax cuts?

What is the lowest corporation tax rate mentioned in the text?