The tax cuts announced benefit everyone in employment even if indeed the top earners benefit the most because the 45% income tax rate (which didn't exist before 2010, btw) is abolished.

The cancellation of the planned corporation tax increase is absolutely the correct thing to do, IMHO. Increasing from 19% to 25% would have made the UK's rate one of the highest in Europe at a time when looking not business friendly is the last thing the country need